Form 8-K · Current Report · Filed 2025-08-26
EchoStar Corporation Announces $22.65 Billion Spectrum License Sale to AT&T
EchoStar Corporation announced on August 25, 2025, the execution of a License Purchase Agreement with AT&T Mobility II LLC, a subsidiary of AT&T Inc., for the sale of 3.45 GHz and 600 MHz spectrum licenses for an aggregate purchase price of $22.65 billion in cash, subject to certain adjustments.
- Filer
- EchoStar Corporation SATS · NASDAQ
- Filed
- Accession
- 0001415404-25-000035
- CIK
- 0001415404
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Details
The transaction is expected to close in the first half of 2026 and includes the repayment of certain loans and redemption of secured notes. Additionally, DISH Wireless L.L.C. and AT&T Mobility LLC amended their Network Services Agreement, introducing new rates contingent on DISH's data thresholds for a hybrid MNO transition.
Items reported
Entry into a Material Definitive Agreement
Regulation FD Disclosure
Market reaction
Close before filing
$29.88
Next session
+96.7%
Since filing
+239.7%
Latest close
$101.50
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from SATS reporting the same item, with the next session's move:
About EchoStar Corporation
EchoStar Corporation is a prominent company specializing in satellite communication solutions. Its primary function is to provide satellite broadband services, video delivery, and enterprise connectivity to various markets worldwide. With a deep focus on satellite technology, EchoStar plays a critical role in the telecommunications industry by enabling secure, high-speed internet access in remote and underserved areas, thus bridging digital divides. The company also serves a significant role in supporting governmental and defense sectors by supplying reliable communications platforms. EchoStar's contributions extend to media companies, ensuring the efficient delivery of high-quality broadcast services through its expansive network of geostationary satellites. Founded in 1980 and headquartered in Englewood, Colorado, EchoStar Corporation is a vital player in enhancing global communication infrastructure through its commitment to technology advancement and innovation.
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