SpaceX announced an $8 billion deal for nationwide 800 MHz spectrum, intensifying competition for Verizon ahead of its Q3 earnings report on October 26. Verizon has shown steady growth with improved revenue and reduced churn, but SpaceX's entry with Starlink Mobile could challenge Verizon's market share starting in 2028. Investors will watch Verizon's service revenue and churn rates closely as indicators of its ability to maintain pricing power and customer retention amid this new threat. The spectrum deal is expected to close in early 2027, marking a pivotal moment for the telecom giant.
As SpaceX moves forward with its $8 billion spectrum deal, Verizon's stock shows resilience, rising 2.57% to USD 44.68 on Pluang as of Oct 23, 2026 00:21 WIB. Meanwhile, SpaceX shares have fallen 7.21% to USD 147.80, reflecting some investor caution. T-Mobile also gained 2.89%, trading at USD 158.19, highlighting ongoing competition in the telecom sector.
AT&T reported Q3 2026 results beating revenue and profit expectations and raised its full-year profit outlook, but its shares dropped 5%. The decline reflects a non-cash impairment charge related to its Mexico wireless business, which AT&T is selling...
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Nine companies, including Broadcom and Verizon, have formally objected to the listing of tokenized versions of their shares by the OKX-ICE blockchain exchange. These tokenized stocks represent digital versions of shares but may lack shareholder right...
