SpaceX in talks to lease communication tower sites, plans to cover at least 80,000 locations.

According to foreign media citing informed sources, SpaceX (SPCX.US) plans to secure at least 80,000 cellular communication sites in the United States and is currently in negotiations with at least one major telecom infrastructure company to achieve this goal. The sources stated that the related agreements will further solidify its plan to establish the fourth nationwide wireless carrier in the United States. One of the companies SpaceX is in talks with is Crown Castle. This company, together with American Tower Corp. and Vertical Bridge Holdings, is among the largest holders of communication tower assets in the US. During an earnings call on Wednesday, Crown Castle was asked whether it is discussing leases with SpaceX, Amazon, or other satellite-based telecom service providers. Crown Castle’s CEO replied: “You can take it that we are in discussions with all the relevant parties.”