Charter jumps after report of cell phone tie-up discussion with SpaceX
29/06/2026 12:01
BUZZ-Charter jumps after report of cell phone tie-up discussion with SpaceX ** Internet provider Charter Communications' CHTR.O shares rise 10% to $147 premarket
** Co discusses mobile phone partnership in U.S. with SpaceX SPCX.O, Bloomberg reported on Friday
** SpaceX already offers direct-to-cell service with T-Mobile TMUS.O in U.S., CHTR could route some of that phone traffic, report said
** Six of 25 brokerages rate stock 'buy' or higher, 13 'hold', six 'sell' or higher; their median PT is $225 - LSEG data
** Up to last close, stock is down ~40% YTD vs. 2.6% drop in the S&P 500 communication services index .SPLRCS
(Reporting by Sudeshna Ghoshal in Bengaluru)