Macro Finance
Verizon, AT&T Bonds Weaken on SpaceX’s Wireless-Service Plans
Bloomberg Markets·October 9, 2026·1 min read
Verizon and AT&T bonds weakened Friday after SpaceX said it will buy US spectrum to become a major mobile carrier. The announcement pressured telecom debt as investors weighed new competition in wireless service. SpaceX's move signals a direct challenge to the two largest US carriers, whose bonds fell on the news.
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