Elon Musk’s SpaceX buys $17 billion spectrum licenses from EchoStar. Here’s why
WASHINGTON, Sept 8 (Reuters) – Elon Musk’s SpaceX said Monday it will buy wireless spectrum licenses from EchoStar for its Starlink satellite network for about $17 billion, the latest major deal crucial for 5G connectivity.
The companies also agreed to a deal that will enable EchoStar’s Boost Mobile subscribers to access Starlink direct-to-cell service to extend satellite service to areas without service.
