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SpaceX Expands Telecommunications Business and AT&T Shares Decline

The Motley Fool +1 · ·by G4L

SPCX Space Exploration Technologies Corp
$134.27 +8.62%
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  1. 1SpaceX has agreed to acquire up to 14 MHz of low-band wireless spectrum from Grain Management.
  2. 2SpaceX plans to secure at least 80,000 cell sites within the United States.
  3. 3AT&T announced revenue of $32.3 billion, recording a 5% year-over-year revenue growth rate.

So what's the key point?

SpaceX has decided to acquire wireless frequencies and secure telecommunications facilities. AT&T recorded $32.3 billion in revenue.

Source The Motley Fool +1 · View original ↗

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