For the purposes of this market "any major U.S. telecom business" is defined as any of the following companies: AT&T Inc., Verizon Communications Inc., T-Mobile US Inc., EchoStar Corp, Comcast Corp, Charter Communications Inc., Lumen Technologies Inc., and US Cellular Corp.
The announcement must involve a definitive, binding agreement accompanied by public announcement. Letters of intent, memoranda of understanding, or agreements in principle do not qualify. The deal does not need to close as long as an agreement has been announced. Regulatory blocking or later cancellation does not affect resolution. Cross-border transactions qualify if a definitive agreement is announced. Internal reorganizations, joint ventures, or minority investments do not qualify unless they involve controlling ownership transfer. The acquisition can be structured as asset purchases, stock purchases, tender offers, SPAC combinations, or takeover agreements. Transactions involving subsidiaries qualify, but those limited solely to assets or divisions must represent the majority of operations or equity control.
Timeline and payout
Market openJun 22, 2026 · 10:30pm EDT
Market closesAfter the outcome occurs
Projected payout30 minutes after closing
This market will close and expire early if the acquisition is announced. Otherwise, it closes by Dec 31, 2027 at 11:59pm EST.
SeriesKXACQANNOUNCESPACEX
EventKXACQANNOUNCESPACEX-28JAN01
MarketKXACQANNOUNCESPACEX-28JAN01
Insider trading is prohibited
The following are prohibited from trading this contract:
Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.