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AT&T to buy wireless spectrum licenses from EchoStar for $23b
Gulf Today
|August 27, 2025
AT&T said on Tuesday it will purchase key wireless spectrum licenses from EchoStar for about $93 billion, as the US telecom provider seeks to boost its network in a competitive market.
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In June, President Donald Trump prodded satellite communications and Dish TV parent Echo Star and Federal Communications Commission Chair Brendan Carr to reach an amicable deal over the fate of the company’s wireless spectrum licenses, the company said. The deal marks the latest major investment by AT&T to accelerate its fiber and 5G network build out as the wireless market saturates and internet usage surges.
Shares of EchoStar jumped more than 408 in pre-market trading, while AT&T rose 1.58.
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