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US, European telecom stocks slide as SpaceX spectrum deal rattles sector

Source: reuters.com

Antitrust & CompetitionM&A & RestructuringTechnology & Innovation
US, European telecom stocks slide as SpaceX spectrum deal rattles sector

US and European telecom stocks fell on Friday after SpaceX acquired low-band spectrum, raising concerns about increased competition from satellite-based mobile services. The article provides no share-price declines or deal value.

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