Why is the Macquarie Telecom (ASX:MAQ) share price down today?

Macquarie Telecom Group Ltd (ASX: MAQ) shares headed lower today, falling 3.35% to $46.97 by the market’s close.

Just one of many companies that have taken a hit in today’s ASX market slump, the Macquarie Telecom share price slide also comes on the heels of news the telecom service provider has signed a new deal with Optus.

Let’s take a closer look at the company’s new agreement.

Macquarie Telecom just said ‘yes’

It was reported in The Australian today the company has ended its existing wholesale mobile contract with Telstra Corporation Ltd (ASX: TLS), in favour of Optus. 

According to report, Macquarie Telecom has signed an…