Key facts
- SpaceX is in talks to buy EchoStar's Boost Mobile or gain access to its network, the Washington Post reported.
- Boost Mobile's network is leased from AT&T and T-Mobile, according to the report.
- SpaceX aims to build a hybrid satellite-terrestrial network through Starlink Mobile to compete with AT&T, Verizon and T-Mobile.
SpaceX is in talks to buy EchoStar's wireless service Boost Mobile or gain access to its network, which it leases from AT&T and T-Mobile, the Washington Post reported on November 2, citing people familiar with the negotiations.
The report said SpaceX has held talks with EchoStar in recent months about launching its own signature wireless service through a deal with the company.
SpaceX, led by Elon Musk, is looking to build a hybrid satellite-terrestrial mobile network through Starlink Mobile to challenge US wireless giants AT&T, Verizon and T-Mobile, combining its satellite constellation with ground-based infrastructure to compete directly in the telecom market.
SpaceX and EchoStar did not immediately respond to Reuters' requests for comment.