EchoStar Down 9,000 Mobile Subs

WASHINGTON, March 2, 2026 – After four quarters of positive growth, EchoStar’s Boost Mobile brand lost 9,000 mobile subscribers in the fourth quarter of 2025. Wall Street had been expecting the good times to keep rolling, with predicted additions of more than 160,000.

“We think this is a result of intensified competition in the space after Dan Schulman’s appointment as Verizon CEO,” New Street Research analyst David Barden wrote. “Given Verizon’s guidance for wireless net adds in 2026, we expect competition to remain elevated in 2026.”

After reaching deals to sell valuable spectrum licenses for more than $40 billion, EchoStar is  decommissioning its mobile network and transitioning to serving Boost and its 7.5 million subscribers largely on AT&T infrastructure. EchoStar said in a 10-K filing that it had no customer traffic on its own wireless network since November.