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U.S., European telecom stocks slide as SpaceX spectrum deal rattles sector

Source: The Globe and Mail

Antitrust & CompetitionM&A & RestructuringTechnology & InnovationMarket Technicals & Flows

U.S. and European telecom stocks tumbled Friday after SpaceX acquired low-band spectrum, heightening concerns about competition from satellite-based mobile services. The article gives no stock-move magnitude or deal value.

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