QUICK SPARK: SpaceX Spectrum Deal Triggers T-Mobile’s Worst Day Since 2013
T-Mobile stock falls 13%, its steepest drop since 2013, after SpaceX agrees to buy nationwide low-band spectrum for Starlink Mobile.
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Why It Matters
SpaceX bought wireless airwaves that T-Mobile wanted for its network. Investors worry T-Mobile lost a chance to get stronger.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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