T-Mobile's $1.53 Billion Volume Ranks 49th as Shares Drop 3.9% Amid SpaceX Spectrum Deal Jitters

On September 8, 2025, , , ranking 49th in market activity. .

The decline followed EchoStar’s announcement of a $17 billion deal to sell its AWS-4 and H-block spectrum licenses to SpaceX. The transaction, , has intensified concerns about satellite-based connectivity disrupting traditional telecom providers. , while enabling Boost Mobile users to access Starlink’s direct-to-cell service. Regulatory approvals remain pending, with EchoStar planning to use proceeds for debt reduction and operational growth.

Industry observers highlight the strategic shift as SpaceX leverages spectrum assets to enter terrestrial 5G markets. This move could pressure carriers like T-Mobile to accelerate infrastructure investments or explore partnerships to maintain competitive advantage. The deal underscores the growing convergence between satellite and cellular networks, reshaping long-term capital allocation strategies across the sector.

To run this strategy accurately I’ll need a bit more detail and (depending on your preferences) some data that isn’t directly available through the automated tools: 1. Market universe • Which exchange(s) should be screened each day? 2. Ranking logic & execution timing • Do you want the ranking to be based on current day’s volume? 3. Daily “top-500” files • If you can provide daily lists of the 500 highest-volume tickers from 2022-01-01 onward, we can run the test immediately. Once I have those clarifications, I can proceed with the backtest and share a detailed results dashboard.