FCC Rewrites D2D Spectrum Rules & Satellite Disruption
Key Questions
What changes did the FCC make to D2D spectrum rules?
The FCC introduced performance-based rules that accelerate approvals for AST SpaceMobile's partnerships with AT&T and Verizon while raising competitive risks for Starlink and cable providers.
How might SpaceX's plans affect terrestrial ISPs?
SpaceX is mulling a direct-to-consumer Starlink mobile service independent of T-Mobile, adding pressure on cable and wireless operators according to FT reports.
What is the Big 3 carriers' D2D proposal?
The Big 3 carriers have proposed a D2D joint venture, while T-Mobile has stated that satellite service will complement rather than replace its wireless network.
What drove the recent rise in Charter stock?
Charter shares rose 9% on unconfirmed rumors of talks with SpaceX for a Starlink partnership ahead of the company's Q2 earnings.
What major FCC approval did AST SpaceMobile receive?
The FCC granted commercial D2D approval to AST SpaceMobile with Verizon; the partners together cover nearly 3 billion mobile subscribers.
Performance-based rules accelerate AST SpaceMobile (AT&T/Verizon) and heighten Starlink risks for cable. Big 3 carriers propose D2D JV; T-Mobile states satellite will complement not replace wireless. Starlink filing signals independent model; now FT reports SpaceX mulling direct-to-consumer Starlink mobile service, independent of T-Mobile, adding pressure on terrestrial ISPs. Europe's push against Starlink gives ASTS/Vodafone JV strategic tailwind. EchoStar's spectrum sale to SpaceX turned into $11.1B in SpaceX stock. FCC granted commercial D2D approval to AST SpaceMobile with Verizon; partners cover nearly 3B mobile subscribers. Charter reportedly in talks with SpaceX for Starlink partnership (unconfirmed). Charter stock rose 9% on these rumors ahead of Q2 earnings.