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SpaceX deal shakes Deutsche Telekom shares

Original: t-aktie

Deutsche Telekom shares are in focus after SpaceX announced a deal to enter mobile communications, sparking competition fears in Australia and New Zealand where telecom stocks fell sharply. German commentary, including WirtschaftsWoche, argues Musk's satellite network still has little chance of displacing traditional mobile operators, but investors are pricing in a new competitive threat.

Why now: SpaceX's move into mobile services raises fears of new competition for telecom operators like Deutsche Telekom.

Deutsche TelekomSpaceXElon MuskTelecom New Zealand

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