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SpaceX Announces 'Very Big Deal' Challenging US Telecom Giants

Original: SpaceX's 'Very Big Deal' Slams Verizon, AT&T, T-Mobile

SpaceX has announced what it is calling a 'very big deal' that hits Verizon, AT&T and T-Mobile, according to Investor's Business Daily. The announcement is being read as a direct challenge to the major US carriers, most likely tied to SpaceX's satellite-based direct-to-cell service. Details remain limited, but the move is seen as opening a new front in the competition for mobile connectivity.

Why now: SpaceX's latest move is viewed as a direct competitive threat to the three largest US mobile carriers.

SpaceXVerizonAT&TT-Mobile

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