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BUZZ — Australian Telcos extend decline on SpaceX spectrum deal concerns

* Australian Communication Services sub-index falls as much as 0.7%, its lowest level since July 9, 2024 * Telcos sub-index extends losses after slipping as much as 2.4% on Monday, on concerns over SpaceX acquiring a US portfolio of low-band spectrum licences * Australian Telco firm Telstra sheds as much as 1.1%, lowest level since Aug 28, while peers Superloop and Aussie Broadband tumble 1.6% and 0.5% respectively * YTD, AXTJ down more than 14%, including day's moves (Reporting by Aamir Sheik Khalid in Bengaluru) ((Aamir.SheikKhalid@thomsonreuters.com)

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