EchoStar – Satellite company monetizes spectrum for 40 billion USD with SpaceX and AT&T!
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The FCC approves EchoStar's spectrum sale to SpaceX and AT&T for a total of 40 billion USD, significantly alleviating its balance sheet. A trust obligation of 2.4 billion USD clouds the picture – the strategic realignment becomes the crucial question. FCC greenlights mega-transaction The US telecom regulator FCC clears the way for one of the largest spectrum deals in the industry's history: EchoStar is allowed to sell its radio frequencies for around 40 billion USD to SpaceX and AT&T . According to the agency, AT&T will receive...
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