US EditionEchoStar to sell more spectrum licenses to SpaceX for $2.6 billion
EchoStar extends wireless spectrum sale to SpaceX with a $2.6 billion stock deal after regulatory clearance and a $23 billion sale to AT&T, ending government probe.
- On Nov. 6, 2025, EchoStar Corporation agreed to sell unpaired AWS-3 licenses to SpaceX for about $2.6 billion in stock, extending a $17 billion package from September.
- After a U.S. government investigation into alleged hoarding of licences, EchoStar Corporation began selling spectrum, including a $23 billion sale to AT&T Inc. that ended its mobile carrier bid.
- EchoStar said the sale covers 15 megahertz of AWS-3 spectrum and, with AWS-4 and H-block licenses, accelerates Starlink Direct to Cell development, said Hamid Akhavan.
- Closing will occur after regulatory approvals, EchoStar said current DISH TV, Sling TV, Boost Mobile and Hughes operations will remain unaffected, and Charlie Ergen assumes operating responsibility.
- Since first activating service earlier this year, more than 8M people have relied on Starlink Direct to Cell, while EchoStar's deal envisions up to 15,000 upgraded satellites and SpaceX arranged about $2 billion in interim financing.
22 Articles
22 Articles
EchoStar crafting a game plan for the billions it has generated in spectrum sales
EchoStar Corp. announced Thursday that it has created a new division called EchoStar Capital to invest the $45 billion the company has generated from the sale of its wireless spectrum. EchoStar founder and chairman Charlie Ergen will take over as president and CEO of EchoStar Corp., putting him in charge of the operations of the pay television and wireless business units. Former EchoStar CEO Hamid Akhavan will head up the new investment arm. Ech…
EchoStar Ups Stake In Elon Musk’s SpaceX To $11B; Charlie Ergen Returns As CEO Of Dish Network Parent
EchoStar has sold another $2.6 billion in spectrum to Elon Musk’s SpaceX, giving the wireless and pay-TV company a stake of about 3% that is currently worth $11 billion. The transaction, announced Thursday along with the company’s third-quarter results, builds on a $17 billion spectrum deal between the companies last September. On the SpaceX end, […]
EchoStar sells more direct-to-device spectrum for bigger SpaceX stake
Geostationary satellite operator EchoStar is selling another batch of radio frequencies to help improve SpaceX’s direct-to-cell services in the United States, in return for $2.6 billion worth of the company’s stock. The post EchoStar sells more direct-to-device spectrum for bigger SpaceX stake appeared first on SpaceNews.
SpaceX acquires $2.6 billion more in spectrum licenses from EchoStar
SpaceX is acquiring more spectrum licenses from EchoStar in exchange for about $2.6 billion worth of shares in Elon Musk's aerospace company. The transaction is an expansion of the $17 billion deal struck between the companies in September. SpaceX had previously said it would use these licenses for its Starlink satellites as it works to build out the network's 5G connectivity. The AWS-3 spectrum licenses changing hands include frequencies used i…
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