AT&T, T-Mobile, Verizon drop after SpaceX buys 800 MHz spectrum
AT&T, T-Mobile US and Verizon fell about 7% in post-market trading after SpaceX (SPCX) said it agreed to buy a nationwide low-band spectrum portfolio to support Starlink Mobile.
Telecom shares fell after hours on Thursday after SpaceX (SPCX) said it had agreed to buy a nationwide low-band spectrum portfolio. S. mobile carrier. AT&T (T), T-Mobile US (TMUS) and Verizon (VZ) sank about 7% in post-market trading.