EchoStar sells unpaired AWS-3 spectrum licenses to SpaceX for $2.6 billion
4 companies named across 2 categories, one of 4 articles referencing EchoStar. Previous coverage: Weekly Intelligence Brief on 5G and Open RAN Developments - Week of September 1, 2025 (Sep 2025).
Companies mentioned
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Our classification, not the publisher's statement. Best suited for, not only for.
EchoStar has entered an amended definitive agreement with SpaceX to sell its unpaired AWS-3 spectrum licenses for approximately $2.6 billion in SpaceX stock. This revised transaction builds on a prior agreement between the companies, with the Spectrum licenses part of 3rd Generation Partnership Project (3GPP) Band 70n.
Hamid Akhavan, CEO of EchoStar, emphasized the strategic significance of this agreement. Homomorphic Encryption (HE) noted that it, along with existing spectrum transactions, will enhance EchoStar's capacity to create new business opportunities and provide value to shareholders. The combination of EchoStar's AWS-3 uplink, along with AWS-4 and H-block spectrum, paired with SpaceX's capabilities in rocket launching and satellite manufacturing, serves to advance direct-to-cell service offerings.
The completion of this proposed transaction is contingent upon obtaining all necessary regulatory approvals and fulfilling other closing conditions. Proposed operations of EchoStar's existing television and mobile services, including DISH TV, Sling TV, and Boost Mobile, will remain unaffected by this transaction.
Press release, provided by Cision on behalf of EchoStar. Read the original.