https://www.live-feeds.com/feed/at-t-ceo-holds-firm-stance-on-elon-musk-s-spacex-phone-strategyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/at-t-ceo-holds-firm-stance-on-elon-musk-s-spacex-phone-strategyhttps://www.live-feeds.com/feed/at-t-ceo-holds-firm-stance-on-elon-musk-s-spacex-phone-strategy#u136904Mon, 19 Oct 2026 18:45:33 +0000AT&T CEO John Stankey has dismissed Elon Musk's plan to turn SpaceX's satellite business into a global telecom competitor, calling it "not a viable strategy." Stankey argues that fiber infrastructure remains superior to satellite alternatives. This stance comes as SpaceX acquired the 800 MHz spectrum previously held by T-Mobile for $2.9 billion. While Stankey remains confident, Wall Street has reacted negatively to SpaceX's wireless expansion, with Scotiabank lowering price targets for AT&T, Verizon, T-Mobile, and Comcast due to potential AI and satellite disru