SpaceX's Spectrum Deal Renews Concerns over Wireless Competition
Dow Jones10-09 22:46
1045 ET - SpaceX's latest spectrum deal could stir up a fresh bout of worries over further competition for the big three wireless carriers, JPMorgan analysts say in a note. Beyond concerns over a new wireless entrant, or potential fourth carrier, the deal raises the risk that the leading players will need to spend more in upcoming spectrum auctions, the analysts say. However, the near-term risk to the wireless incumbents--which include Verizon, T-Mobile and AT&T--is still limited given the time, infrastructure and capital required to build a competitive terrestrial network, they say.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments