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Iridium: SpaceX-EchoStar Spectrum Deal Will Be ‘Disruptive,’ Force a Pivot
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SpaceX’s $17 billion deal to acquire valuable radio spectrum from EchoStar and bolster its cellular Starlink service has prompted rival satellite company Iridium to adapt.
In a Thursday earnings call, Iridium CEO Matt Desch described the spectrum deal as a “significant event for the satellite industry.”
“We believe this acquisition will likely be disruptive to the status quo,” he said. Desch also…
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