Wall St Engine(@wallstengine):AT&T, T-MOBILE AND VERIZON PLAN JOINT VENTURE TO TARGET DEAD ZONES The three largest U.S. wireless carriers signed an agreement in principle to form a joint venture focused on coverage gaps. The plan is to pool limited ground-based spectrum resources and support satellite-based direct-to-device services. Target areas include rural roads, national parks, boats, emergency zones and other places where traditional cell towers do not reach. The JV would also work on a unified technical standard for carriers and satellite network operators. Existing carrier-satellite agreements would remain in place. The deal is still not final and remains subject to definitive agreements and closing conditions.

2026.05.14 13:48

AT&T, T-MOBILE AND VERIZON PLAN JOINT VENTURE TO TARGET DEAD ZONES The three largest U.S. wireless carriers signed an agreement in principle to form a joint venture focused on coverage gaps. The plan is to pool limited ground-based spectrum resources and support satellite-based direct-to-device services. Target areas include rural roads, national parks, boats, emergency zones and other places where traditional cell towers do not reach. The JV would also work on a unified technical standard for carriers and satellite network operators. Existing carrier-satellite agreements would remain in place. The deal is still not final and remains subject to definitive agreements and closing conditions.