“Following our review of SpaceX's S-1 filing, we believe a roaming-based MVNO strategy represents the most compelling path forward for Starlink Mobile,” said Alex Besen, Founder and CEO of The Besen Group LLC. “By integrating roaming capabilities with its direct-to-cell satellite network, Starlink Mobile aims to deliver a seamless hybrid connectivity experience that keeps customers connected wherever they are - in cities, rural communities, on the road, or in remote areas.”

The Besen Group identified four primary mobile wholesale models available to MVNOs: roaming, traditional MVNO arrangements, network sharing, and spectrum sharing. Traditional MVNO structures range from branded resellers to full MVNOs, while network sharing models include site sharing, RAN sharing, and joint network deployments.

The roaming MVNO case study includes 85 slides based on the following table of contents:

• Satellite Market Research
• Satellite Market Overview
• Delivery Mode
• Willigness to Pay
• Addressable Telco Revenue with Satellite Partners
• LEO FSS Constellations: Satellite Counts & Capacity
• Starlink Direct-to-Cell Service
• Starlinkg Background
• Starlink Direct-to-Cell Service Overview
• Starlink Mobile Trademark Application
• Strategic Benefits of Spectrum Ownership
• Starlink Mobile Roaming MVNO Strategy
• Starlink Mobile Spectrum Portfolio
• EchoStar Spectrum Classification
• Mobile Wholesale Definitions
• The MVNO Opportunity
• Mobile Wholesale Value Chain
• Mobile Wholesale Business Models
• Traditional MVNO Business Models
• Wholesale Business Models Development
• Reasons for Becoming an MVNO
• Starlink Mobile Wholesale Partnerships
• Starlink Mobile Market Research
• North America Mobile Subscriptions and Technology
• North America Mobile Data Traffic per Active Smartphone
• Wholesale Cost per Megabyte of Mobile Data
• Wholesale Cost per MB/GB of Mobile Data Forecast
• Wholesale Cost, Roaming Cost, Starlink Mobile Cost per GB Forecast
• Mobile Wholesale Pricing Schemes
• Starlink Mobile MVNO Go-To-Market Strategy
• Go-To-Market Strategy
• Product Roadmap
• 2027 Commercial Scale-Up
• 2028 Hybrid Satellite Mobile Network
• 2029 Broadband Direct-to-Cell
• 2030 Full Mobile Operator Platform
• 2031 Global Mobile Connectivity Operator
• Pricing Strategy - Traditional MVNO Economics
• Pricing Strategy - Capacity-Based Agreement
• Pricing Strategy - Reciprocal Agreement
• Profit & Cost Analysis
• Roaming Roadmap
• Roaming Architecture
• Roaming Hub Architecture
• Roaming Summary
• The Strategic Endgame
• Strategic Assessment
• Starlink Mobile MVNO Target Segments
• Consumer Segment Profile
• Enterprise, Industrial & Private Networks Segment Profile
• Government, Defense & Emergency Segment Profile
• IoT & Machine-Type Communications Segment Profile
• Wholesale & Enablement Segment Profile
• Target Segment Summary
• Starlink Mobile MVNO Busines Case
• Consumer Segment Breakdown - Table format
• Enterprise Segment Breakdown - Table format
• Government Segment Breakdown - Table format
• Business Case Summary - Table format
• Subscriber Breakdown - Graph
• Cumulative Subscriber - Graph
• Subscriber Revenue Breakdown - Graph
• Annual Revenue - Graph
• COGS Breakdown - Graph
• Gross Profit - Graph
• Gross Profit Percentage - Graph
• Operating Expenses - Graph
• EBITDA - Graph
• EBITDA Percentage - Graph
• Starlink Mobile MVNO SWOT Analysis

The Besen Group offers the case study on a corporate license basis in PowerPoint PDF format. The license fee includes one hour telephone consultation with a senior wireless analyst to review the market research findings, business case and SWOT analysis.

For any questions or license information, please send an email with contact details including name, title, company name, phone number to mvno@thebesengroup.com