SpaceX is preparing to build a terrestrial mobile network to “acquire quite a few” of the customers now subscribed to T-Mobile, AT&T, and Verizon. The message to compete head-to-head with the US carriers was delivered by SpaceX president Gwynne Shotwell and CEO Elon Musk during the Q&A section of the company’s first earnings call.

“The spectrum that we purchased from EchoStar does have terrestrial components, so we definitely intend to build out the terrestrial component,” said Shotwell. “You will have not only the capacity from the satellites themselves, but you will have a buildout of the terrestrial, basically the hardware and systems ne …

Read the full story at The Verge.

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