US EditionAT&T to Buy EchoStar Spectrum Licenses for About $23 Billion
AT&T plans to spend $23 billion acquiring spectrum licenses from EchoStar to expand 5G coverage across 400 U.S. markets, aiming to support growth in converged customers.
- AT&T has agreed to purchase wireless spectrum licenses from EchoStar for approximately $23 billion, with the deal expected to close in mid-2026, pending regulatory approvals.
- AT&T framed the purchase as a move to accelerate connectivity and support growth among customers using both home internet and 5G wireless services, enhancing a long-term wholesale network pact with EchoStar.
- John Stankey said, `This acquisition bolsters and expands our spectrum portfolio while enhancing customers' 5G wireless and home internet experience in even more markets`.
- AT&T intends to finance the purchase with cash on hand and incremental borrowings while reiterating 2025 financial guidance and maintaining a capital returns plan, including $20 billion capacity for share repurchases.
- Markets reacted after the announcement as EchoStar shares jumped more than 40% in premarket while AT&T rose 1.5%, with AT&T saying licenses will boost 5G coverage for consumers, businesses and first responders.
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85 Articles
AT&T Strikes $23B Deal for EchoStar 5G Spectrum Licenses
In the wireless wars, surrender is a dish best served … actually, either hot or cold is just fine as long as it’s lavish. After spending years and billions of dollars to build a nationwide 5G network, Dish Network’s parent company, EchoStar, said Tuesday it has agreed to sell a basket of spectrum licenses to AT&T for a whopping $23 billion. Shares of EchoStar surged on news of the deal, the proceeds of which it said will go toward retiring debt …
AT&T’s $23 Billion Bet to Crush T-Mobile and Verizon in 5G Race
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EchoStar’s $23 billion spectrum sale clears path for direct-to-device constellation
EchoStar’s proposed direct-to-device satellite network got a major boost Aug. 26 with plans to sell $23 billion of spectrum to AT&T, closing the book on its bid to operate as a traditional mobile carrier in the United States. The post EchoStar’s $23 billion spectrum sale clears path for direct-to-device constellation appeared first on SpaceNews.
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