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Verizon (VZ.N), AT&T (T.N) and T-Mobile (TMUS.O) ​said on Thursday ‌that they agreed in principle ​to form a ​new joint venture ⁠that seeks to ​address long-time coverage ​gaps especially in rural areas by using ​satellite-based technologies.

The ​largest U.S. wireless companies said ‌the ⁠plan seeks to end nearly all dead zones ​without ​mobile ⁠service. The plan also ​aims to ​ensure ⁠redundant connectivity during natural disasters and ⁠improved ​network ​performance.