EchoStar sells satellite spectrum to SpaceX for $17 billion
EchoStar, parent company of Dish Network and Boost Mobile, has agreed to sell its AWS-4 (2GHz) wireless spectrum licenses to SpaceX in a deal valued at approximately $17 billion. The transaction is intended to resolve an ongoing Federal Communications Commission investigation into EchoStar's use of the spectrum for satellite connectivity.
Topics: 5G EchoStar FCC satellite internet SpaceX spectrum licensing