StocksMedium•7 October 2026•
1 min read
FCC to Vote on Spectrum Auction for Satellite-to-Phone Services
Key Facts
1The FCC announced it will vote on a proposal to auction 25MHz of spectrum to support direct-to-device satellite services.
2The commission will vote on Oct. 29 to take public comment on making an additional 482MHz of spectrum available for supplemental space coverage.
The FCC announced it will vote on a proposal to auction 25MHz of spectrum to support direct-to-device satellite services. Reuters reported that the commission is also scheduled to vote on October 29 to open public comment on making an additional 482MHz of spectrum available for supplemental space coverage.
This regulatory shift aims to facilitate the growth of satellite-to-smartphone connectivity markets for major space-based telecommunications players. AMZN was trading at $258.985 on October 7, 2026, while SPCX closed at $171.92 on October 6, 2026.