EchoStar Completes Sale of Spectrum Licenses to AT&T

Summary

On July 28, 2026, EchoStar Corporation completed the sale of its 3.45 GHz and 600 MHz spectrum licenses to AT&T Mobility II LLC for $20.25 billion. As part of the transaction, an FCC Trust of $2.4 billion was established to cover potential future claims related to the licenses. Additionally, DISH DBS Corporation fully repaid its $2 billion in 7.75% Senior Notes due July 1, 2026.