All articles tagged with #spectrum licenses
Originally Published 3 months ago — by Ars Technica
Elon Musk's SpaceX is advancing its Starlink satellite network by acquiring spectrum licenses and planning up to 15,000 new satellites to enhance mobile and cellular services, potentially challenging existing telecom giants and increasing leverage over Apple in satellite partnerships, with a target to improve global smartphone connectivity by 2027.
Originally Published 4 months ago — by Barron's
AT&T's stock rebounded after a dip caused by EchoStar's $17 billion spectrum deal with SpaceX, as analysts see AT&T's own spectrum acquisitions from EchoStar strengthening its competitive position in wireless services, with potential upside of 10% and continued dividend support.
Originally Published 4 months ago — by Bloomberg.com
AT&T is set to acquire EchoStar's spectrum licenses for about $23 billion to expand its 5G network and address regulatory concerns, with the deal expected to close by mid-2026 pending approval, while EchoStar continues to operate in the US market under its Boost brand.
Originally Published 7 months ago — by Bloomberg.com
President Trump intervened to encourage EchoStar and FCC Chairman Brendan Carr to resolve a dispute over spectrum licenses, leading to a surge in EchoStar's stock and bonds. The company faces potential regulatory action and bankruptcy risks due to FCC investigations into spectrum use and obligations, with high-level meetings at the White House aiming to broker a deal.
Originally Published 7 months ago — by RealClearPolicy
The FCC's aggressive actions against EchoStar threaten the company's ability to build a vital national 5G network, risking market disruption and impairing U.S. competitiveness against China in advanced telecommunications and security applications. The move could also increase consumer prices and undermine American innovation in 5G technology, especially in areas like OpenRAN and private networks.
Originally Published 2 years ago — by Yahoo Finance
Dish Network Corp. bonds plunged after the company transferred valuable spectrum licenses into new subsidiaries, raising concerns among holders of its $20 billion debt. The move, which also involved freeing a unit holding 3 million television subscribers from debt covenants, is often seen as a precursor to money-raising deals that can weaken existing creditors' claims to collateral. This maneuver caused more of Dish's debt to fall into distressed levels, with $11.9 billion of its bonds trading at over 10 percentage points above Treasuries. Dish's merger with EchoStar earlier this year is part of its pivot from satellite television to wireless service.