SpaceX Is Reportedly Looking At Buying Boost Mobile (engadget.com) 47
SpaceX has reportedly held talks with EchoStar about acquiring Boost Mobile or gaining access to its network, potentially giving Starlink a shortcut toward becoming a full-fledged U.S. mobile carrier. Engadget reports: According to Washington Post's sources, the deal could look like SpaceX acquiring Boost Mobile outright or gaining access to its cell network, which is leased from AT&T and T-Mobile. There could be a major hitch with the deal though, since SpaceX's potential mobile service would need the green light from those major mobile carriers, according to the report. The Washington Post also reported that major cell companies, which include AT&T, T-Mobile and Verizon, have already turned down Musk down for access to its cell networks in order to launch a separate SpaceX service. Last month, SpaceX reportedly held talks with Crown Castle to access at least 80,000 cellular tower sites across the U.S. as it prepares to launch Starlink Mobile. "We will be building out our terrestrial networks so there's broad-based connectivity anywhere that SpaceX and Starlink are allowed to operate," Musk said during SpaceX's earnings call this week. Satellite launches plus spectrum acquisition "will pave the way for Starlink Mobile to become a major mobile carrier in the US," he said.
Sherman Act (Score:5, Insightful)
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Is that bad?
How amusing to think that Elon Musk would be better than Lenin in the same circumstances. Not a chance.
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Is that bad?
Not for the commissars.
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Re: Sherman Act (Score:2)
No, it's not. The Sherman antitrust act is meant to prevent abuse of a market position, and it spells out four specific qualifiers, all of which have to be met to have broken the law. SpaceX hasn't met a single one of them, meaning they don't even begin to qualify as having broken Sherman. Many people are under the impression that monopolies are illegal under Sherman, but they're not. In fact, SpaceX, despite having basically a global monopoly on commercial LEO, has been remarkably open to competitors. Ever
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So, Three companies good, four is anti-competitive? When T-Mobile bought Sprint, where you for or against that merger?
Just wanting the logic here.
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This would be relevant if the argument was about numbers of competitors, rather than whether someone is fit to have significant control over telecommunications.
(Also the debate about T-Mobile buying Sprint wasn't about numbers: everyone knew Sprint was going to die anyway. The question was did you want the assets split equally across two large companies and one small one, or give them to the small one so it could be the same size as either of its competitors.)
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This would be relevant if the argument was about numbers of competitors..
'Competitors' might as well be spelled F-R-O-N-T in this space. It represents fashionable cellular brands spread wide on every digital street corner, while hiding just how few unique telecommunications backbone provider pimps are left out there controlling every signal street.
A collusive group, has maintained significant (backbone) control over telecommunications, for a while now.
..rather than whether someone is fit to have significant control over telecommunications.
Huh. A new metric.
I'm guessing the technical constraints and real estate budget for PRISM back in its all-seeing eyeday, amoun
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Owning large social media sites and the pipes for the traffic sounds a lot like movie studios owning theaters.
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If a company can't compete then let it shut down and then let other companies get the spectrum besides the big three. This isn't hard wireless is a natural monopoly because of physics. Impractical terms this means that you have to tightly tightly regulated like you do with any natural monopoly. This means that if one of the players collapses you don't let the existing players buyout their spectrum. You bring in a new player and if y
Dude RAM prices are basically wrecking the economy (Score:2)
If we can't do something about an antitrust violation that obvious and that out in the open and that has been repeated over and over and over again there's fuck all chance we can fuck with somebody as politically connected as Elon Musk. He dropped a half billion dollars on two elections nobody is going to go after him.
If
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I'm not MAGA. I lean liberal/anarchist and I loathe the idea of mail voting as the only option. Businesses should give people the FULL day off. Work less, more time off, kick back, be less productive. Fuck the economy.
There shouldn't be hours-long lines - NYS has early, in person voting for 9 days before Election Day and it works great. Yes, they have to pay workers, but I'm fine with creating jobs.
Mail voting should be an option, but it's not private. An abusive spouse, a nosy parent, etc could be lo
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Musk paid his Trump dues. There will be no trust-busting.
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Unfortunately, it's the Justice Department that generally sues companies under the Sherman Act, or otherwise enforces antitrust law. Regardless of what Congress does, Trump will still be in charge of the Justice Department.
Yes, states can also sue, as they did in the recent merger SkyDance merger. But they have proven to be weak in their enforcement as well.
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Yes, but la Presidenta has stacked the Supreme Court with Nazis who see no problem turning the U.S. into a Fascist state, dictatorwise and the state in bed with companies. And Alito has been making noises about retirement which would give el Bunko a chance to extend their Nazi reign of anti-Democracy terror a bit longer; that is if the Democrats fail to win back the Senate and that asshole doesn't resign right after the midterms so he could be confirmed by the current bootlickers in the Senate.
Re: Sherman Act (Score:2)
Under what legal theory do you believe SpaceX has violated the Sherman antitrust act?
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Re: Sherman Act (Score:2)
Which exclusionary contracts, specifically? And what is it that SpaceX is doing that you want to expand Sherman to cover?
And Elon isn't the only shareholder. Furthermore, define what you mean by "tall"
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Right now, I think a higher priority is to go after food distributors. Food prices have gotten insane because almost all the restaurants in the USA are supplied by two suppliers.
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countries where the tall poppy gets scythed down have the correct approach
Translated or hallucinated?
Ha ha ha (Score:2)
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If you'd like to know (Score:2)
If you want the truth about why "affordability" might be a problem for you, look no further than this summary ("...would need the green light from those major mobile carriers...") and extrapolate that to essentially everything that costs too much, because that is exactly where it's coming from. Whether it's incumbent hospital networks deciding whether to permit new competitors in their territories, or incumbent universities deciding whom they will and will not permit to be accredited, and thus be eligible f
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> In any case, none of this is "Capitalism." Actual "Capitalism" does not involve this sort of dysfunction. It certainly has other dysfunctions, but private-interest incumbent control over government gatekeeping is not among them. That's a different problem, and rational people don't confuse it with "Capitalism."
Capitalism is about ownership, not the degree to which the government is involved. Perhaps you're confusing capitalism with the free market?
Wealthy assholes monopolizing capital in order to contr
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In any case, none of this is "Capitalism." Actual "Capitalism" does not involve this sort of dysfunction. It certainly has other dysfunctions, but private-interest incumbent control over government gatekeeping is not among them.
What exactly do you think the definition of capitalism is? And are you aware that the actual definition is only six words long?
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You are forgetting private credit in your screed. Private Equity has been buying up small-town America in the forms of their dental practices, vet clinics, farm land, etc. Any type of small Ma and Pop businesses that provide the same goods and services is being hoovered up by Wall Street Private Equity vultures. So now there are networks of dental practices in many different towns all owned by one private equity firm. That way of doing business will prevent other small businesses from getting started becaus
Wrong title (Score:1, Insightful)
you misspelled "PedoX"
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let us never forget the worlds wealthiest man accused the united states president of being a pedophile [axios.com] and then contributes hundreds of millions of dollars to help him politically.
Re:Wrong title (Score:4, Informative)
“What day/night will be the wildest party on your island?” Musk wrote in an email to Epstein in November 2012, according to the newly released files.
https://www.nbcnews.com/tech/e... [nbcnews.com]
Why though, Starlink should working everywhere. (Score:3)
Re:Why though, Starlink should working everywhere. (Score:5, Interesting)
SpaceX spent about $10-15 billion on the current number of starlink sattelites. And now they need to spend billions more on a third rate cell phone leasee ? Given that there are only three actual networks, Verizon, ATT, T-mobile and that you can get a Mint plan for $10-$15/mo before taxes, and cell signal coverage is not really a problem for 99% of the population 99% of the time.. I really don't get the business case.
Feels like a Virgin Corp sorta play. They wanted to brand a bunch of stuff, where it was just their brand and nothing value-add. Virgin mobile, Virgin money, Virgin America airlines. But who really wants to be Musk or X-branded?
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Patrick Boyle explained to this (Score:5, Informative)
The market for SpaceX is people that do not have access to terrestrial services because they're out in the boondocks and they don't have any other options. That market exists however it's got a cap because if you ever get enough people in a single area that form a large addressable market then somebody runs some cable to them or builds cell towers and suddenly you just lost your market.
Mr Boyle brought this up in the context of how SpaceX cannot possibly generate enough income to justify its valuation and that it's very likely that SpaceX is just a scam to rip off our retirement savings and our 401ks.
But getting back to the point they're not going to use starlink for cellular internet because it can't compete with regular cellular service. It's just too expensive to keep all those satellites going.
Look at Ergen (Score:2)