SpaceX expands wireless services; caution for telecom investors
- 1SpaceX is expanding into the broad wireless services sector.
- 2This news is unfavorable for investors in Verizon Communications, AT&T, and T-Mobile US.
- 3SpaceX possesses vast resources that can be deployed in all target areas.
So what's the key point?
SpaceX is widening its wireless service coverage. This is not good news for investors in Verizon Communications, AT&T, and T-Mobile US.
Source The Motley Fool +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.