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Telco Stocks Tumble After SpaceX Spectrum Deal, FT Says

SpaceX's spectrum acquisition triggered concern among analysts that profit pressure on traditional phone carriers Verizon, AT&T and T-Mobile could intensify.

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  • Financial TimesUS telcos stocks tumble after SpaceX announces spectrum acquisition
“Senator, I have to pin you down. Do you personally own any telecom stock? Yes or no?”
Chip Darnell, BBN
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