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✉news ScienceSpace first seen 8 d ago, last 7 d ago, peak #15

AT&T, Verizon, T-Mobile Fall on Starlink Competition Fears

Original: AT&T, Verizon, and T-Mobile Are Dropping on Starlink Fears. Analysts Say Buy.

Shares of AT&T, Verizon, and T-Mobile are declining as investors grow worried that SpaceX's Starlink direct-to-cell service could erode the carriers' dominance in mobile connectivity. Despite the selloff, analysts at Barron's argue the drop is an overreaction and say the stocks represent a buying opportunity, maintaining that satellite competition won't displace traditional cellular networks anytime soon.

Why now: Investors are reacting to concerns that Starlink's satellite-based mobile service poses a new competitive threat to the major US carriers.

AT&TVerizonT-MobileStarlinkSpaceX

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