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AT&T, Charter, Other Telecom Shares Fall After EchoStar, SpaceX Enter $17 Billion Spectrum Deal
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AT&T, Charter, Other Telecom Shares Fall After EchoStar, SpaceX Enter $17 Billion Spectrum Deal
Sep 8, 2025 7:33 AM

10:06 AM EDT, 09/08/2025 (MT Newswires) -- AT&T ( T ) , Charter Communications ( CHTR ) , T-Mobile US ( TMUS ) , and Verizon (VZ) shares were falling 3.5%, 1.5%, 4.2% and 2.4% in recent Monday trading after EchoStar ( SATS ) agreed to sell its wireless spectrum licenses to SpaceX in a cash-and-stock deal worth about $17 billion.

EchoStar ( SATS ) shares jumped past 18%.

Price: 257.44, Change: -4.06, Percent Change: -1.55

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