C
CNBC Television
3d

FCC Chair Carr Discusses EchoStar's $40B Deal with AT&T, SpaceX

In this video, FCC Chair Brendan Carr discusses EchoStar's $40 billion deal with AT&T and SpaceX, focusing on the potential benefits of global connectivity and increased competition. He addresses concerns about SpaceX becoming a gatekeeper and assures that the market will decide, without the FCC picking winners or losers. Carr also reflects on the role of startups in this new era of satellite internet, acknowledging the significant deployment costs. He has not had direct discussions with Elon Musk about the deal.