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.
NTIA should let states put leftover BEAD funds toward Next Generation 9-1-1 upgrades, no new money from Congress required.
Speaking at a Goldman Sachs conference, Stankey says, ‘That copper needs to come out, it needs to be monetized’
Tentative NTIA estimates appear to target about half those locations
The company is working on a ‘cost transformation’ aimed at saving billions, CFO Jason Armstrong said
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