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US, European telecom stocks slide as SpaceX spectrum deal rattles sector

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Last Updated: October 9, 2026 17:35:22 IST

By Rashika Singh Oct 9 (Reuters) – US and European telecom stocks tumbled on Friday after SpaceX's acquisition of low-band spectrum heightened concerns over growing competition from satellite-based

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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