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AT&T CEO Says Not to Overreact to SpaceX’s Low-Band Spectrum

CEO John Stankey told analysts not to read too much into SpaceX’s plan to become a mobile carrier.

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AT&T (T) CEO John Stankey told analysts on Wednesday that investors should not read too much into SpaceX’s plan to become a mobile carrier. He made the remarks during the company’s third-quarter earnings call. “I wouldn’t over-rotate on what I would call one carrier of low-band spectrum,” Stankey said. SpaceX…