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PodcastNext TMT Talks: The Intersection of Technology, Media and TelecomOctober 6, 2026

Starlink Just Attacked Big Telecom — Here's How They're Fighting Back

Starlink's rapid growth is forcing AT&T, Verizon, and T-Mobile into a defensive satellite joint venture as telecom competition shifts to space.

  • Paramount Skydance debuts: The $111B merged Paramount-Skydance-Warner Bros. Discovery entity launches under the name 'Skydance,' with new co-CEOs Dana Goldberg and Josh Greenstein replacing Pam Abdy and Mike De Luca, plus Mattel's Ynon Kreiz hired to lead consumer products/animation strategy for a planned 30 films/year (150 over five years).
  • Starlink pressures telecom incumbents: Consultancy Besson Group projects Starlink Mobile could hit a $25B+ US revenue run rate by 2031 (SpaceX reportedly netted ~$4B profit in 2025), prompting AT&T, Verizon and T-Mobile to form a joint venture and courting Amazon Leo for satellite competition.

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