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CNBC · CJ Haddad ·

Verizon closed down 8.75%, its worst day since 2002, while T-Mobile fell 13.27% and AT&T 9.81% after SpaceX announced a nationwide spectrum deal on Thursday

Telecommunications stocks sold off on Friday after Elon Musk's SpaceX announced an agreement to purchase a nationwide spectrum portfolio …

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In this story AT&T SpaceX T-Mobile Verizon
Verizon closed down 8.75%, its worst day since 2002, while T-Mobile fell 13.27% and AT&T 9.81% after SpaceX announced a nationwide spectrum deal on Thursday

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CNBC — Verizon closed down 8.75%, its worst day since 2002, while T-Mobile fell 13.27% and AT&T 9.81% after SpaceX announced a nationwide spectrum deal on Thursday ↗

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Related stories

Bloomberg: SpaceX agrees to acquire a low-band spectrum portfolio to help Starlink "become a major mobile carrier in the US"; AT&T, T-Mobile, Verizon fall 6%+ after hours
CNBC: SpaceX stock closes up 7.6% after Morgan Stanley called SPCX "cheap", reaching its highest level since mid-June and returning Elon Musk to trillionaire status
Bloomberg: SpaceX is in talks with at least one major cellular infrastructure firm to secure a minimum of 80K US cell sites, as it eyes a wireless carrier launch
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