Grain Aiming to Lease Direct-to-Device Spectrum 90 Days After Deal Closing
The firm’s founder David Grain met with FCC Chairman Brendan Carr last week to pitch the arrangement.
WASHINGTON, April 28, 2026 – Investment firm Grain Management thinks it could lease some low-band spectrum to satellite companies within 90 days, if federal regulators allow the arrangement.
Grain’s founder and CEO, industry veteran David Grain, met with Federal Communications Commission Chairman Brendan Carr and a top advisor on April 17 to detail the company’s plans for 800 MegaHertz (MHz) licenses it’s looking to buy from T-Mobile.
“Grain anticipates attracting experienced operators that can meet the technical, financial, and operational requirements necessary for rapid and large-scale rollout of satellite D2D service across the United States,” the company wrote in a filing posted April 22.
