{"id":1042702,"date":"2026-10-13T08:00:10","date_gmt":"2026-10-13T02:30:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1042702"},"modified":"2026-10-13T08:12:29","modified_gmt":"2026-10-13T02:42:29","slug":"telecom-stocks-in-australia-nz-slide-after-spacex-spectrum-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/13\/telecom-stocks-in-australia-nz-slide-after-spacex-spectrum-deal\/","title":{"rendered":"Telecom stocks in Australia, NZ slide after SpaceX spectrum deal"},"content":{"rendered":"<p>Telecom stocks in Australia and New Zealand tumbled on Monday after SpaceX&#8217;s acquisition of a nationwide spectrum portfolio in the US stoked fears that satellites could challenge legacy telecom firms and their network coverage. <\/p>\n<p>Australia&#8217;s top telecom firm Telstra shed 2.5% to finish at a six-week low, while no.3 operator, TPG Telecom, lost nearly 5% in its worst day since early June. Spark New Zealand slipped 1.8%. <\/p>\n<p>Here are some details:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telecom stocks in Australia and New Zealand tumbled on Monday after SpaceX&#8217;s acquisition of a nationwide spectrum portfolio in the US stoked fears that satellites could challenge legacy telecom firms and their network coverage. Australia&#8217;s top telecom firm Telstra shed 2.5% to finish at a six-week low, while no.3 operator, TPG Telecom, lost nearly 5% in its worst day since early June. Spark New Zealand slipped 1.8%. Here are some details:<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1042702","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1042702"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042702\/revisions"}],"predecessor-version":[{"id":1042721,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042702\/revisions\/1042721"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1042702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1042702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1042702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}