AT&T Closes $23 Billion Spectrum Deal with EchoStar

M&A · PartnershipEarnings
โดย Insider Monkey·US·Read original
Summary · why it matters

AT&T closed a $23 billion acquisition of wireless spectrum licenses from EchoStar on July 28, adding roughly 50 MHz of low-band and mid-band spectrum covering more than 400 markets. The deal includes about 30 MHz of nationwide 3.45 GHz mid-band and 20 MHz of nationwide 600 MHz low-band, aimed at boosting 5G capacity and speeds. AT&T also extended its wholesale network partnership with EchoStar, which will continue operating as a hybrid mobile network operator under the Boost Mobile brand. The transaction arrives as AT&T shares have climbed 18% since the start of July, recovering ground lost after SpaceX's public debut in June spooked telecom investors. Second-quarter revenue rose over 2% to $31.6 billion, with diluted EPS of $0.66, and the company reiterated plans to reach more than 40 million fiber locations by the end of 2026.

Impact on stocks 3

Cloud & Digital Infrastructure▲ · 2 stocks
AT&T Inc.
T
▲ PositiveCapitalrelevance

AT&T closed $23 billion spectrum acquisition, boosting 5G capacity, and reiterated fiber expansion plans.

EchoStar Corporation
ECHO
▲ PositiveCapitalrelevance

AT&T closed $23 billion acquisition of EchoStar's spectrum licenses, providing cash and extending wholesale partnership.

Space Economy▼ · 1 stocks
© 2026 MarketDXNews