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via finance.yahoo.comBusiness & Companies

SpaceX weighs a deal that could reshape the US wireless market

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. EchoStar (NASDAQ:ECHO) shares jumped about 3.7% in premarket trading Monday after reports that SpaceX (NASDAQ:SPCX) has held talks with the company about a potential wireless deal involving Boost Mobile. Warning! GuruFocus has detected 7…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA possible Boost Mobile deal could change competition in US wireless.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EchoStar shares rose about 3.7% in premarket trading on Monday.
  2. 02According to Reuters, SpaceX is weighing buying Boost Mobile or accessing its network.
  3. 03Boost had about 7.38 million wireless customers at the end of the second quarter.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EchoStar CorporationECHOStock98.45 USD-0.44%today +1.56%Positive Space Exploration Technologies Corp.SPCXStock141.37 USD+3.53%today +4.93%Neutral AT&T Inc.TStock21.47 USD+0.44%today +0.28%Negative T-Mobile US, Inc.TMUSStock158.03 USD+1.23%today +1.02%Negative Verizon Communications Inc.VZStock44.73 USD+0.40%today 0.00%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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