Categories: Technology

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

Oct 9 (Reuters) – US and European telecom stocks tumbled on Friday after SpaceX's acquisition of low-band spectrum heightened concerns over growing competition from satellite-based mobile services.(The article…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: October 9, 2026 14:44:05 IST

Oct 9 (Reuters) – US and European telecom stocks tumbled on Friday after SpaceX's acquisition of low-band spectrum heightened concerns over growing competition from satellite-based mobile services.

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: October 9, 2026 14:44:05 IST

Recent Posts

Morning Bid: Bonds, bombs and barricades

By Anna Szymanski Oct 9 (Reuters) - Could bond market pain be contagious? Volatile oil prices,…

October 9, 2026

Fabience Unleashes State-of-the-Art Furniture Mega-Plant

Hyderabad (Telangana) [India], October 9: Fabience, the Hyderabad-based premium furniture manufacturing brand, today announced a…

October 9, 2026

City boss Maresca stands by club, says titles not tainted

VIDEO SHOWS: PRESS CONFERENCE WITH MANCHESTER CITY MANAGER, ENZO MARESCA  EDITORS PLEASE NOTE: FOR ARCHIVE…

October 9, 2026