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Verizon CEO says SpaceX would need $500B to compete in US wireless
🇺🇸 United States · Technology · 5 h ago
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26.10 15:39 UTC
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"I also operate under the assumption that everything SpaceX says they will do, they will do, and that they will execute flawlessly.
"Their service just can't compete with a terrestrial network in suburban and urban areas, where like 98% of our revenues are," he said of the satellite-based system.
Building a competitive US network, especially for mobile, would require building as many as 80,000 large cell towers on Earth linked with some combination of satellites and fiber optics, Schulman said.
That's the essence of the statement given by Verizon's CEO at his company's earnings call today, boldly declaring that he is not threatened by SpaceX's lofty ambitions for Starlink Mobile, especially given "the satellite beam physics," and the attendant requirement of a vast terrestrial network that
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