This article first appeared on GuruFocus. SpaceX (NASDAQ:SPCX) is in talks to buy EchoStar's (NASDAQ:ECHO) Boost Mobile wireless service or gain access to its network, the Washington Post, citing people familiar with the negotiations. EchoStar shares rose 4.93% in premarket. Warning! GuruFocus has detected 3 Warning Sign with SPCX. Is SPCX fairly valued? Test your thesis with our free DCF calculator. A deal would support SpaceX's plan to build Starlink Mobile, a hybrid satellite and ground network meant to compete with AT&T (NYSE:T), Verizon (NYSE:VZ) and T-Mobile (NASDAQ:TMUS). EchoStar, which runs Boost Mobile on network capacity leased from AT&T and T-Mobile, had 7.38 million wireless subscribers at the end of the second quarter.
Nous affichons publiquement l'idee principale. Creez un compte gratuit pour lire l'article complet, l'enregistrer, le commenter et le relier au contexte marches et OSINT.