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ASTS stock drops as T-Mobile backs satellite service
in5points
ASTS stock is heading for its worst month in over two years.
T-Mobile called satellite service a complement to cellular networks and said it could become 'table stakes'.
Two telecom giants have given bullish signals about satellite connectivity.
The positive comments from telecom firms provide reasons to look past the current selloff.
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About how the story is framed, not whether the facts are true.
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Rajeev Chandrasekhar / Jupiter Capital interests historically