SpaceX has agreed to purchase a nationwide spectrum portfolio from Grain Management, pending FCC approval, to enhance its Starlink mobile service in the US. The acquisition includes up to 14 MHz of paired spectrum in the 800 MHz band, addressing key technical gaps for Starlink to become a major mobile carrier. This move caused shares of AT&T, Verizon, and T-Mobile to drop in after-hours trading. CEO Elon Musk described the deal as a "very big deal," signaling SpaceX's serious push into the US telecommunications sector.
Shares of AT&T, Verizon, and T-Mobile have all fallen sharply on Pluang following the SpaceX spectrum deal news. AT&T is down 5.70% at USD 23.08, Verizon is down 5.40% at USD 43.30, and T-Mobile is down 4.55% at USD 159.99. This data is as of Oct 09, 2026 04:01 WIB.
The FCC has authorized SpaceX to build a 15,000-satellite network that can connect directly to regular phones using spectrum it owns, bypassing traditional carriers like AT&T and Verizon. This move removes the need for SpaceX to lease spectrum from c...
AT&T reported robust Q2 results with service revenue growth nearly doubling from Q1 and adjusted EPS rising 20.4% year-over-year. Free cash flow exceeded guidance, supporting a strong capital return plan including accelerated share buybacks of $10 bi...
Verizon and AT&T both offer attractive dividend yields, but Verizon stands out as the more reliable choice for long-term investors. Verizon's dividend yield is higher at 6.2%, supported by strong free cash flow growth, manageable debt levels, and a c...
AT&T is recommended as a 'Buy' for investors focused on income and risk management, thanks to its high dividend yield and strong free cash flow. The stock trades at a fair valuation near 10 times normalized earnings per share, with limited fundamenta...
AT&T, along with Global Infrastructure Partners and CPP Investments, is creating a joint venture combining Forged Fiber 37 and Gigapower to accelerate fiber internet expansion in the U.S. This venture aims to bring high-speed, reliable fiber connecti...
