Thursday, July 2
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Topic: telecoms

Starlink satellites photographed from the International Space Station (file photograph)
New Business
Thursday, 7/2, 08:36 PM

Verizon and AT&T shares slide as SpaceX signals a Starlink phone service

  • Shares in America's biggest wireless carriers tumbled this week after Elon Musk's SpaceX signaled it may sell a Starlink-branded mobile phone service directly to consumers, rather than only working behind the scenes with existing networks.
  • Verizon fell about 7% — its worst day in roughly three years — with AT&T and T-Mobile also sharply lower.

telecoms — news and stories on this topic

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