Earnings
EchoStar Selling More Spectrum to SpaceX
SpaceX is buying unpaired AWS-3 licenses for $2.6 billion in stock.
Earnings
SpaceX is buying unpaired AWS-3 licenses for $2.6 billion in stock.
Spectrum
EchoStar fears it could be on the hook for shortfall payments if the re-auction doesn't fetch enough cash.
Spectrum
AT&T wants the extra airwaves to boost its fixed wireless service.
Spectrum
The FCC will have to clear the company's $17 billion spectrum purchase from EchoStar.
Spectrum
An executive from SpaceX, which is acquiring the rights, welcomed the news.
Spectrum
Verizon was reportedly in talks to buy the satellite company's AWS-3 licenses.
Spectrum
The company said it could end up 'employing terrestrial base stations to enhance capacity where needed.'
Spectrum
The moves comes after the company inked two major deals to sell much of its spectrum.
Wireless
The $17 billion sale will boost SpaceX's direct-to-device service in remote areas.
Spectrum
EchoStar said the deal should end FCC inquiries into the company's spectrum licenses.
Spectrum
Analysts estimated the extra airwaves could support an additional 900,000 fixed wireless subscribers.
Spectrum
If the re-auction brings in less than about $3.3 billion, EchoStar is on the hook for the difference.
Spectrum
Trump’s budget law mandated a ‘spectrum pipeline’ to sell off 800 megahertz of spectrum. Coupled with FCC pressure, the law is quickly re-arranging the commercial airwaves
Spectrum
The move brings EchoStar closer to resolving ongoing pressure from FCC Chairman Brendan Carr, which threatened its business.
Earnings
The company also added 212,000 mobile subscribers in the second quarter.
Spectrum
FCC Chairman Brendan Carr thinks the company's spectrum is underused.