AT&T, T-Mobile, and Verizon Plan to Launch New Joint Venture that Helps End Dead Zones

AT&T, T-Mobile, and Verizon have an agreement in principle to form a new joint venture which aims to help end wireless dead zones in the U.S., including in rural areas, by pooling limited spectrum resources to increase capacity, improve the customer experience, and help satellite providers reach more customers through a unified platform. The JV remains subject to negotiating definitive agreements between the parties and satisfying customary closing conditions. Collectively, satellite services function as supplementary components to the core wireless services customers depend on. By collaborating on this JV, the partners will be able to enhance convenience for their customers, enable competition, and foster innovation and growth within the industry.