Telecom Stocks: Satellite Shine vs. Landline Shrink
Update: 2026-01-05
Description
Telecom stocks had a mixed Q3, with satellite providers like Globalstar and Iridium outperforming traditional firms. Lumen led revenue with $3.09 billion, but shares plunged due to competition. Globalstars shares surged 31.8% after Apples emergency SOS integration. The sector faces challenges from tech advances and competition, with investors reacting differently to earnings beats and misses. Checkout Solipillow.com
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