Verizon CEO Says Starlink Faces Years And Billions In Spending To Challenge US Carriers
Verizon's CEO says SpaceX would need at least four to six years to build a US mobile network that could compete with the major carriers. He estimates the investment could reach $500 billion over six to eight years.
By Editor1 min read · 11d ago
Verizon's CEO says SpaceX would need at least four to six years to build a US mobile network that could compete with the major carriers. He estimates the investment could reach $500 billion over six to eight years.
Speaking on Monday's earnings call, he argued that satellite service cannot match ground networks in cities and suburbs, while stressing that Verizon takes the competition seriously.