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SpaceX Acquires $17 Billion Spectrum from EchoStar in Major Deal

1 min read
Source: The Verge
SpaceX Acquires $17 Billion Spectrum from EchoStar in Major Deal
Photo: The Verge
TL;DR Summary

EchoStar is selling wireless spectrum licenses to SpaceX for approximately $17 billion to support the development of next-generation Starlink cellular satellite services, which will benefit Boost Mobile customers, and this deal, along with a $23 billion spectrum sale to AT&T, is expected to resolve FCC investigations into EchoStar's 5G expansion.

Topics:top-news#business#echostar#spacex#spectrum#starlink#telecommunications
Share this article
  1. EchoStar offloads satellite spectrum to SpaceX for $17 billion  The Verge
  2. EchoStar Stock Soars as Firm Sells Spectrum to SpaceX, Says It Resolves FCC Issues  Yahoo Finance
  3. FCC Ends EchoStar Probe in Light of AT&T, SpaceX Airwave Sales  Bloomberg.com
  4. EchoStar sells spectrum to SpaceX, cancels MDA satellite contract  SpaceNews
  5. SpaceX buys wireless spectrum from EchoStar in $17 billion deal  CNBC

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