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SpaceX deal to acquire spectrum license hammers shares of AT&T, Verizon and T-Mobile

Source: cnbc October 8, 2026 · 13:56
SpaceX deal to acquire spectrum license hammers shares of AT&T, Verizon and T-Mobile
Photo by SpaceX · Pexels
From the publisher
SpaceX agreed to purchase a nationwide spectrum portfolio as it to pushes its Starlink service deeper into the U.S. telecommunications market.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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