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26.06.26 - 15:57
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Musk′s Starlink Plots To Become A Mobile Carrier; TD Cowen Sees Possible T-Mobile Buyout (ZeroHedge)
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Musk's Starlink Plots To Become A Mobile Carrier; TD Cowen Sees Possible T-Mobile Buyout
The signs were already in plain sight that Elon Musk's Starlink was positioning itself to challenge the big three U.S. wireless operators: Verizon, AT&T, and T-Mobile.
One of the clearest signals was SpaceX's $17 billion deal for EchoStar wireless spectrum last year, followed by a recent trademark filing for "Starlink Mobile."
We noted in December:
SpaceX Trademark Filing Signals "Starlink Mobile" May Soon Take Aim At AT&T, Verizon
Now, the Financial Times reports that SpaceX Chief Operating Officer Gwynne Shotwell told institutional investors during the IPO roadshow that the company is considering selling mobile contracts directly to consumers and may eventually build its own terrestrial U.S. mobile network.
"The move would require Starlink to build a new retail offering by selling mobile contracts to individual customers, competing directly with the three big US network operat...
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25.06.26 - 20:42
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Treasuries Volatility Will Go Higher: Marden (Bloomberg)
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Adam Marden, co-portfolio manager of the dynamic global bond strategy at T. Rowe Price, and Deirdre Dunn, head of global rates at Citi, join Katie Greifeld on "Bloomberg Real Yield." Treasuries gained after the Federal Reserve's favored inflation gauge rose less than estimated, damping expectations for an interest-rate hike in the months ahead. (Source: Bloomberg)...
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