If SpaceX really can run a phone network that works inside your house, the big three just got a competitor they cannot ignore. The mobile carrier landscape used to be much more competitive, but with consolidations and buyouts, the US now has only the big three. I do love a good disruption in any market. It brings new products or powerful feature enhancements to consumers while hopefully lowering prices.
Satellite communications has been improving. Starlink is a powerful and helpful offering for rural and somewhat “off-the-grid” scenarios. The big three offer bare-bones satellite communications, but if SpaceX can take it to the next level, that would be another compelling reason for people to switch from a traditional carrier to a new one.
Time will tell whether this gets approved. There is a lot of money in the carrier space, so this could get quite interesting.