EchoStar Corp Class A
ECHO: XNAS (USA)
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| LOCK|#Q | LOCK|sVf | LOCK|p& |
EchoStar: Shareholders Win Again With AWS-4 Spectrum Sale
EchoStar will sell its AWS-4 and H-Block spectrum holdings to SpaceX in exchange for $19 billion in cash, SpaceX shares, and future interest payments. Combined with the AT&T deal announced two weeks ago, EchoStar has agreed to sell about 70% of its spectrum holdings.
