BUZZ - Australian telecom stocks continue to fall, affected by concerns triggered by SpaceX spectrum deals
路透社2026/10/13 01:21October 13 - ** The Australian Communications Services sub-index .AXTJ once dropped 0.7%, hitting its lowest level since July 9, 2024.
** The telecommunications stock sub-index continued its decline, after falling as much as 2.4% on Monday, due to market concerns (link) that SpaceX SPCX.O acquired a batch of US low-band spectrum licenses.
** Australian telecom company Telstra TLS.AX dropped as much as 1.1%, hitting its lowest point since August 28; at the same time, competitors Superloop SLC.AX and Aussie Broadband ABB.AX plummeted 1.6% and 0.5%, respectively.
** Including the day's decline, AXTJ has fallen more than 14% so far this year.
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