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Telecom Stocks Fall as SpaceX Eyes 80,000 Cell Sites: T-Mobile Sinks 5%, AT&T Drops 4%, Verizon Slides 3%

Source: 247wallst.com

Technology & InnovationAntitrust & CompetitionMarket Technicals & Flows
Telecom Stocks Fall as SpaceX Eyes 80,000 Cell Sites: T-Mobile Sinks 5%, AT&T Drops 4%, Verizon Slides 3%

A report that SpaceX wants access to 80,000 U.S. cell sites weighed on wireless carriers; T-Mobile shares fell 5% to $150. The report's potential impact on other major national carriers is not quantified in the available article text.

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