EchoStar to Sell Spectrum Licenses to AT&T for $23 Billion, Forms Hybrid MNO Agreement
EchoStar Corporation has reached a $23 billion agreement to sell its 3.45 GHz and 600 MHz spectrum licenses to AT&T. This deal will enhance AT&T's service capabilities and includes a hybrid MNO relationship for Boost Mobile. Proceeds from the sale will be used to reduce debt and support growth initiatives. The transaction is pending regulatory approval and will not affect EchoStar's other operations, including DISH TV and Sling.
EchoStar Corporation has announced a definitive agreement with AT&T to sell its 3.45 GHz and 600 MHz spectrum licenses for approximately $23 billion. This transaction will allow AT&T to rapidly deploy the purchased spectrum across the U.S., benefiting both its customers and Boost Mobile subscribers. The agreement also includes a hybrid mobile network operator (MNO) relationship that will enable Boost Mobile to offer connectivity through its cloud-native 5G core and AT&T’s cell sites. EchoStar’s CEO, Hamid Akhavan, stated that the proceeds will be used to retire certain debts and support the company’s growth initiatives. The transaction awaits regulatory approval, with no impact anticipated on EchoStar’s other operations such as DISH TV, Sling, and Hughes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EchoStar Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: LA58961) on August 26, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
