{"id":247291,"date":"2025-11-06T12:33:09","date_gmt":"2025-11-06T12:33:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/247291\/"},"modified":"2025-11-06T12:33:09","modified_gmt":"2025-11-06T12:33:09","slug":"echostar-to-sell-more-spectrum-licenses-to-spacex-for-2-6-billion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/247291\/","title":{"rendered":"EchoStar to sell more spectrum licenses to SpaceX for $2.6 billion"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -EchoStar (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/SATS\" data-ylk=\"slk:SATS;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SATS<\/a>) said it would sell a set of wireless \u200bspectrum licenses to SpaceX (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/SPAX.PVT\" data-ylk=\"slk:SPAX.PVT;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SPAX.PVT<\/a>) for about $2.\u200c6 billion in exchange for stock in the space \u200cstartup, expanding on the $17 billion deal the companies struck in September.<\/p>\n<p class=\"yf-1090901\">Shares of the telecommunications services company rose about 1% in \u2060premarket trading.<\/p>\n<p class=\"yf-1090901\">The AWS-\u200c3 licenses cover airwaves across the U.S. that can be \u200dused to support mobile and satellite communications.<\/p>\n<p class=\"yf-1090901\">By combining EchoStar&#8217;s wireless airwaves with SpaceX&#8217;s rocket launch and \u200bsatellite manufacturing capabilities, they can quickly \u200ccreate strong and affordable direct-to-cell services, EchoStar CEO Hamid Akhavan said in a statement.<\/p>\n<p class=\"yf-1090901\">SpaceX said in September it would buy wireless spectrum licenses from EchoStar for its Starlink \u2060satellite network for about $17 \u200bbillion, a major \u200bdeal crucial to expanding Starlink&#8217;s nascent 5G connectivity business.<\/p>\n<p class=\"yf-1090901\">The company in August sold \u200dsome nationwide \u2060wireless spectrum licenses to AT&amp;T (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/T\" data-ylk=\"slk:T;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">T<\/a>) for $23 billion. AT&amp;T \u2060agreed to acquire 50 MHz of nationwide mid-band \u200cand low-band spectrum.<\/p>\n<p class=\"yf-1090901\">(Reporting by \u200cJaspreet Singh in Bengaluru)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -EchoStar (SATS) said it would sell a set of wireless \u200bspectrum licenses to SpaceX (SPAX.PVT) for about&hellip;\n","protected":false},"author":2,"featured_media":247292,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[44978,85934,90,416,412,18814,103430,56,54,55,50178],"class_list":["post-247291","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-echostar","tag-premarket-trading","tag-science","tag-space","tag-spacex","tag-spectrum","tag-telecommunications-services","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-wireless-spectrum"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/247291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=247291"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/247291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/247292"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=247291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=247291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=247291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}