🟢 FCOM is trading 1.8% up today on news of a satellite-to-device joint venture between AT&T, T-Mobile, and Verizon

FCOM is trading 1.8% up in after-hours sessions following news that AT&T, T-Mobile, and Verizon have agreed to form a satellite-based direct-to-device joint venture.

• The partnership aims to eliminate U.S. dead zones, boosting sentiment for major wireless carriers and related communication infrastructure.
• The sector strength aligns with a generally bullish equity backdrop, with major U.S. indices and futures trading higher into the next session.