Wireless carrier T-Mobile US (TMUS) shares have struggled to capture investors’ attention over the past year as competition in the wireless market has intensified. Giants like AT&T (T) and Verizon (VZ) have stepped up promotions, discounts, and lower-priced plans to attract cost-conscious customers.
Meanwhile, cable operators are increasingly bundling mobile services with internet and TV to win subscribers. So, with competition coming from almost every direction, Elon Musk-led SpaceX’s (SPCX) growing wireless ambitions might seem like one more problem for T-Mobile. But surprisingly, Wall Street sees it differently.
