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EconomyUS and European telecom stocks slide as SpaceX spectrum deal rattles sector

US and European telecom shares fell sharply on Friday after SpaceX acquired low-band spectrum, intensifying concerns about growing competition from satellite-based mobile services.

telecom stocksSpaceXspectrum deal

RReuters★★☆☆☆2026-10-09 12:50Original

US and European telecom stocks slide as SpaceX spectrum deal rattles sector
US and European telecom stocks slide as SpaceX spectrum deal rattles sectorEconomy