The **S&P 500 Telecommunication Services index** fell **8.5% yesterday**. 

T-Mobile fell **12%**, while Verizon and AT&T each fell **11%**.

SpaceX bought a nationwide **800 MHz low-band spectrum portfolio** and plans to launch Starlink Mobile, targeting existing carrier customers. Low-band signals reach inside buildings, addressing a key gap in satellite service.

Carriers rely heavily on **monthly phone plans**, putting subscribers and pricing at risk. 

The telecom index is down **16% over the last 30 days**.

**** **[@venture](https://t.me/venture)