SpaceX and EchoStar Strike $17 Billion Spectrum Deal Boosting EchoStar's Stock
TL;DR Summary
SpaceX is purchasing $17 billion worth of wireless spectrum licenses from EchoStar to expand its Starlink satellite network and enable direct-to-cell service, aiming to improve global coverage and address mobile dead zones, with the deal also facilitating access for EchoStar's Boost Mobile subscribers to Starlink's services.
- EchoStar sells spectrum licenses to SpaceX in $17 billion deal to resolve FCC probe Reuters
- Elon Musk’s SpaceX to buy spectrum licences from EchoStar for $17bn Financial Times
- MDA loses $1.8-billion satellite contract with EchoStar The Globe and Mail
- EchoStar stock is soaring again: Spectrum deal with SpaceX pushes Dish Network parent sky high Fast Company
- EchoStar Announces Spectrum Sale and Commercial Agreement with SpaceX PR Newswire
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