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Does SpaceX's $8 Billion Spectrum Deal Mean Verizon's Q3 Earnings Don't Really Matter?

Source: 247wallst.com

Corporate EarningsTechnology & Innovation
Does SpaceX's $8 Billion Spectrum Deal Mean Verizon's Q3 Earnings Don't Really Matter?

Verizon is scheduled to report third-quarter results on October 26, days after SpaceX announced a roughly $8 billion deal for nationwide 800 MHz spectrum. The article's author says the deal makes Verizon's report more important; it provides no results or market reaction.

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