EchoStar (SATS) has entered into an amended definitive agreement with SpaceX to sell the company's unpaired AWS-3 licenses for approximately $2.6 billion in SpaceX stock valued as of September 2025. EchoStar's unpaired AWS-3 licenses are nationwide. Current operations of EchoStar's DISH TV, Sling TV, Boost Mobile and Hughes will not be impacted by the transaction.
Hamid Akhavan, CEO, EchoStar Capital, said: "The combination of AWS-3 uplink, AWS-4 and H-block spectrum from EchoStar with the rocket launch and satellite manufacturing capabilities from SpaceX accelerates the realization of powerful and economical direct-to-cell service offerings for consumers and enterprises worldwide, including our Boost Mobile customers."
Shares of EchoStar are up 1% in pre-market trade on Thursday.
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Business News
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.