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Telekom shares under pressure as Musk's SpaceX enters mobile

Original: t-aktie

German Telekom shares are a talking point as investors weigh two contrasting stories. T-Mobile US, part of the group, has delivered strong returns over the past year, but Elon Musk's SpaceX is moving into direct-to-cell satellite services, raising competition fears. Shares of telecom operators in Australia and New Zealand fell sharply on a SpaceX deal, and commentators are debating how real the threat to Telekom's mobile business is.

Why now: SpaceX's push into satellite-based mobile service is spooking telecom investors and prompting debate over the threat to Telekom.

Deutsche TelekomSpaceXElon MuskT-Mobile US

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