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AT&T to buy EchoStar licenses for $23 billion
Financial Express Chandigarh
|August 27, 2025
VALUABLE SELL
ECHOSTAR HAS AGREED to sell spectrum licenses to AT&T for about $23 billion in a deal that may help the satellite telecommunications company stay afloat and fend off regulatory concerns about its airwave use.
The sale will expand AT&T's network and add about 50 MHz of low-band and mid-band spectrum in an all-cash transaction, the Dallas, Texas-based telecommunications company said in a statement on Tuesday. The deal is expected to close by mid-2026, pending regulatory approval.
This story is from the August 27, 2025 edition of Financial Express Chandigarh.
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