AT&T closes $23 billion spectrum acquisition from EchoStar

M&A · Partnership Impact 4
โดย Reuters·Read original
Summary · why it matters

AT&T completed its $23 billion acquisition of certain wireless spectrum licenses from EchoStar. The deal adds approximately 50 MHz of low-band and mid-band spectrum covering virtually every U.S. market, including 30 MHz of nationwide 3.45 GHz mid-band spectrum and approximately 20 MHz of nationwide 600 MHz low-band spectrum.

Impact on stocks 2

Cloud & Digital Infrastructure · 2 stocks
EchoStar Corporation
ECHO
▲ PositiveCapitalrelevance

EchoStar sells spectrum licenses for $23 billion, a major capital event.

AT&T Inc.
T
▲ PositiveSupplyrelevance

AT&T acquires valuable spectrum to enhance network capacity and coverage.