T-Mobile to launch Starlink-powered satellite data service Oct. 1, expanding coverage to 500K+ square miles. Over 1.8M users joined T-Satellite since beta; service includes SMS, MMS, and short audio clips starting July 23. AAPL is also actively investing in satellite-based communication, and reports suggest competition between Apple and SpaceX for limited spectrum rights. The broader satellite communication market is experiencing significant growth, having been valued at $84.47 billion in 2023 and projected to reach $194.55 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 9.72% from 2024-2032. This growth is driven by increasing demand for high-speed internet, expanding applications of satellite-based services in defense and commercial sectors, and continuous improvements in satellite technology. Price Action: T-Mobile US stock is trading higher by 0.43% to $227.95 premarket at last check Tuesday. Read Next: