T-Mobile, AT&T and Verizon shares fall after SpaceX finalizes $8B Grain Management spectrum deal

Shares of T-Mobile, AT&T and Verizon fell sharply after hours after SpaceX announced a definitive agreement to acquire a nationwide 800 MHz low-band spectrum portfolio from Grain Management for $8 billion, paving the way for Starlink Mobile's hybrid satellite-terrestrial network.

Detected & updated continuously · Source: Nebula