EchoStar Agrees to Drop Suit over AWS-3 Auction
The company would still be on the hook for a shortfall payment if the auction fetches less than $2.9 billion.
The company would still be on the hook for a shortfall payment if the auction fetches less than $2.9 billion.
WASHINGTON, May 29, 2026 – EchoStar and the Federal Communications Commission have reached a new agreement on the company’s potential liability ahead of an upcoming spectrum auction.
In terms of the amount potentially owed by EchoStar, it’s effectively the same as the existing arrangement. The parties said in the Thursday settlement they were looking “to avoid disputes over debts and any litigation and resolve the administrative claims” around the auction.
Underwriters purchased an additional 83 million shares
Verizon is scrapping activation and upgrade fees as part of a broad push to simplify its offerings and redefine its relationship with customers
A Minnesota block lost its fiber over a $90,000 permit bill. The FCC can fix that.
Broadband Breakfast kicks off a three-part series on 250 years of American independence and 150 years of American telecommunications.