Starlink an MVNO? Will SpaceX Bid in Spectrum Auctions? A Game Theory/Historic Perspective
T’s CEO John Stankey, at the earnings call last week, said he did not think T would enter into an MVNO with a satellite company. That answer comes at a time of tremendous investor interest in the SpaceX IPO, for which one of the (many) questions is whether Starlink will augment its US broadband service with an MVNO. At the same time, questions have arisen about SpaceX’s participation in the upcoming FCC spectrum auction. We don’t challenge Stankey’s sincerity but having watched successful efforts by which companies achieved goals related, or adjacent, to an MVNO, we thought we should lay out historical precedents that might guide Starlink if it wished to obtain an MVNO from T or its facilities-based competitors and how that history might also explain SpaceX’s motives in participating in spectrum auctions.AT&T is a holding company. Through its subsidiaries, the company is a provider of telecommunications, media and technology services. The company's Communications segment provides wireless and wireline telecom, video and broadband services. The company's WarnerMedia segment includes media and entertainment businesses that principally develop, produce and distribute feature films, television content, and other content globally; and operate digital media properties. The company's Latin America segment provides entertainment services in Latin America and wireless services in Mexico. The company's XANDR segment relies on using data from its customer relationships, to develop digital and video advertising that is relevant to consumers.
Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.
New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:
- Pan European Telecom Services and Cable
- US Telecoms, Cable, Satellite and Towers
- Global Emerging Market Telecoms
- Japan Telecoms
- Asian Internet
- Pan European Healthcare
- Global healthcare thematic research
We provide debt research on:
- Pan European Telecom Services and Cable
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.