Starlink Weighs U.S. Mobile Network After Reaching 10.3 Million Subscribers
Updated
Updated · The Motley Fool · Jul 14
Starlink Weighs U.S. Mobile Network After Reaching 10.3 Million Subscribers
3 articles · Updated · The Motley Fool · Jul 14
Summary
Starlink is considering a U.S. terrestrial mobile network that would move it beyond remote-area coverage and into more direct competition with AT&T and Verizon.
10.3 million subscribers at the end of March — up from 2.3 million at the end of 2023 — show why a broader mobile push could accelerate Starlink’s growth.
Heavy infrastructure costs could slow that expansion: telecom networks are capital-intensive, and SpaceX is already spending aggressively elsewhere, including $7.7 billion on AI capex last quarter versus $1.3 billion on connectivity.
AT&T and Verizon shares have weakened on the threat, but the report says Starlink remains too small to upend the U.S. telecom leaders in the near term.