Investment
Features
FeesSafety
Academy
More
Pluang+

Verizon, AT&T, and T-Mobile drop 10-13% on Starlink news, creating a rare high-yield buying opportunity.

Market News
12 Oct 2026
Seeking Alpha
View Source
Bullish
Verizon, AT&T, and T-Mobile drop 10-13% on Starlink news, creating a rare high-yield buying opportunity.

Shares of Verizon, AT&T, and T-Mobile fell 10-13% following news about Starlink's upcoming satellite spectrum, sparking fears of competition. However, Starlink's service is years away, with satellite launches starting in late 2027 and a costly, time-consuming ground network buildout needed. Meanwhile, the three carriers currently offer strong free cash flow yields around 12%, dividends near 5%, and show solid financial health with low customer churn and rising margins. This dip presents a rare chance to buy these stocks at discounted prices with attractive yields, expecting a rebound as market panic fades and earnings stabilize.

Verizon trades at USD 42.65 with a 6.79% dividend yield as of Oct 13, 2026 01:21 WIB on Pluang. AT&T is priced at USD 22.48, offering a 5% dividend yield, while T-Mobile stands at USD 152.55 with a 3.15% yield. All three show positive 1-day changes, reflecting steady investor interest despite recent sector concerns.

More News (VZ)

T-Mobile rebounds 3% after record drop triggered by SpaceX Starlink spectrum move

T-Mobile rebounds 3% after record drop triggered by SpaceX Starlink spectrum move

T-Mobile shares recovered 3% after a historic 13% drop caused by SpaceX's Starlink acquiring new spectrum for satellite phone coverage. This move threatens traditional carriers by enabling satellite-based service without towers, potentially disruptin...

Market News
Neutral
4 hours ago
Verizon stock drops after SpaceX's Starlink plans but a firm sees nearly 50% upside potential.

Verizon stock drops after SpaceX's Starlink plans but a firm sees nearly 50% upside potential.

Verizon's stock fell sharply due to SpaceX's Starlink entering the U.S. mobile carrier market, causing its worst single-day drop since 2002. Despite the selloff and mixed recent results, Arete Research remains bullish with a $62 price target, forecas...

Analyst Insights
Neutral
5 hours ago
Verizon drops 10% after SpaceX's spectrum deal boosts Starlink Mobile but capacity issues remain

Verizon drops 10% after SpaceX's spectrum deal boosts Starlink Mobile but capacity issues remain

Verizon's stock fell about 10% following SpaceX's acquisition of up to 14 MHz of low-band spectrum, enhancing Starlink Mobile's coverage but not fully resolving capacity constraints. Despite the drop, Verizon added 184,000 postpaid phone and 348,000 ...

Market News
Bullish
7 hours ago
ARK Invest sold SpaceX shares before a major spectrum deal announcement shook wireless stocks.

ARK Invest sold SpaceX shares before a major spectrum deal announcement shook wireless stocks.

On October 8, 2026, ARK Invest sold 29,048 shares of SpaceX just hours before Grain Management announced a major deal selling its 800 MHz spectrum portfolio to SpaceX. This spectrum acquisition could enable SpaceX to become a new national wireless co...

Market News
Neutral
7 hours ago
SpaceX buys $8B spectrum to launch new cell service, challenging US telecom giants.

SpaceX buys $8B spectrum to launch new cell service, challenging US telecom giants.

SpaceX, led by Elon Musk, has secured $8 billion worth of cellular spectrum licenses to build a terrestrial network complementing its Starlink satellite service. This move aims to fill coverage gaps using a combination of ground cell towers and satel...

Market News
Neutral
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App