Verizon CEO plays down SpaceX threat

T2Covered by 1 source · first reported by Light Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live at 26 Oct, 15:44 UTC

Verizon CEO Dan Schulman punched back on any concerns related to SpaceX’s proposed direct-to-device mobile service during a Q3 earnings call, warning the satellite player faces years of construction and hundreds of billions of dollars in spending to build a rival terrestrial network. The post…