Hosted on MSN

EchoStar stock is soaring again: Spectrum deal with SpaceX pushes Dish Network parent sky high

Late last month, shares in EchoStar Corporation (Nasdaq: SATS) entered the stratosphere. The stock jumped as much as 80% in premarket trading on August 26 after it was announced that the company would ...
TechCrunch

SpaceX strikes $17B deal to buy EchoStar’s spectrum for Starlink’s direct-to-phone service

Elon Musk’s SpaceX has agreed to acquire 50 MHz of wireless spectrum and mobile satellite service spectrum licenses from EchoStar for use in the Starlink satellite network. EchoStar will sell its ...
Hosted on MSN

SpaceX deal sends EchoStar’s stock soaring. Why Elon Musk is buying $17 billion in wireless spectrum.

Shares of EchoStar Corp. soared Monday after the satellite and wireless company clinched a $17 billion deal to sell spectrum licenses to Elon Musk’s SpaceX, which is looking to enhance wireless ...
Ars Technica

EchoStar to sell spectrum to SpaceX after FCC threatened to revoke licenses

SpaceX’s complaints to the Federal Communications Commission have helped the satellite company land a $17 billion deal to buy spectrum licenses from EchoStar. The deal consists of up to $8.5 billion ...
Rolling Out

$2.6B spectrum acquisition fuels SpaceX’s global ambitions

The aerospace company’s latest spectrum acquisition builds on a previous deal to enhance direct-to-cell satellite capabilities worldwide SpaceX has acquired an additional $2.6 billion in wireless ...