00:00SpaceX is expanding its ambitions beyond satellite internet with a deal to acquire wireless spectrum that could help turn Starlink
00:07Mobile into a more direct competitor to major U.S. cell phone carriers.
00:12The agreement covers up to 14 megahertz of paired spectrum in the 800 megahertz band, which could improve mobile coverage
00:20inside buildings and across the country.
00:22Investors reacted sharply, sending shares of AT&T, Verizon and T-Mobile lower in after-hours trading as concerns grew
00:30over a new competitor backed by Elon Musk.
00:33The deal still requires final approval from the Federal Communications Commission, but it signals a potential shift in the U
00:40.S. wireless market.
