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SpaceX to acquire EchoStar for $17 bn
Business Standard
|September 09, 2025
SpaceX, the Elon Musk-backed company that owns the Starlink satellite internet network, agreed to acquire wireless spectrum from EchoStar for about $17 billion, allowing Charlie Ergen's beleaguered telecommunications company to resolve an overhanging regulatory probe and pay down debt.
SpaceX is buying EchoStar's AWS-4 and H-block spectrum licenses designated for satellite and mobile communications accord
This story is from the September 09, 2025 edition of Business Standard.
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