AWS-3 Re-Auction Clears $2.9 Billion
EchoStar would have been on the hook for a penalty payment if the licenses fetched less than that.
EchoStar would have been on the hook for a penalty payment if the licenses fetched less than that.
WASHINGTON, June 16, 2026 – EchoStar is off the hook for a shortfall payment to the Federal Communications Commission.
The agency’s re-auction of AWS-3 wireless licenses cleared $3 billion on Tuesday, the eleventh day of bidding after the auction began on June 2. If the auction had brought in less than $2.9 billion, EchoStar would have had to make up the difference.
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