The Federal Communications Commission will vote to auction 25 MHz of prime spectrum to enable "direct-to-device" services, bypassing traditional cell towers. Chairman Brendan Carr stated the plan leverages cutting-edge technology to end coverage gaps, a development that CNBC reports could also benefit Amazon.
Tuesday, October 20, 2026
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AT&T Shares Plunge 8% on SpaceX's First Mobile Spectrum Bid
US Markets12 days ago
Verizon's stock price declined 6.8% on Oct 8 after US regulators moved to eliminate cellular dead zones by opening airwaves for new commercial use. AT&T shares fell 8% as investors reacted to news that SpaceX intends to acquire low-band spectrum licenses to provide wireless connectivity directly to mobile handsets.
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