EchoStar Corporation (Nasdaq: SATS) is a global telecommunications company providing satellite communication, wireless telecommunications, and internet services. Operating through its Hughes Network Systems and EchoStar Satellite Services segments, it delivers services like pay TV, satellite network solutions, and broadband internet, serving enterprise, government, and consumer markets. EchoStar's offerings include geostationary high throughput satellites, low-earth orbit networks, and mobile solutions, with partners including Jersey Telecom and Swisscom. The company's brands include HughesNet, DISH TV, Sling TV, and Boost Mobile.
All verified mentions of this organization in source documents.
EchoStar has set up more than $42 billion in total spectrum monetization.
EchoStar Corporation finalized a $19.6 billion spectrum transaction with SpaceX involving its AWS-4 and H-block spectrum licenses.
EchoStar Corporation finalized a structural shift from building physical wireless infrastructure to monetizing its radiofrequency spectrum.
EchoStar’s Boost Mobile subscribers will have roaming access to the Starlink Direct-to-Cell network.
EchoStar fell 11% after SpaceX began trading on the NASDAQ.
The spectrum SpaceX acquired from EchoStar Corporation includes AWS-4, AWS H-Block, and unpaired AWS-3 licenses.
Final consummation of the SpaceX and EchoStar Corporation spectrum transaction is expected by November 30, 2027.
The FCC approved SpaceX’s acquisition of approximately 65 megahertz of mid-band spectrum from EchoStar Corporation in a $17 billion transaction.
The EchoStar spectrum acquisition underpins SpaceX’s next-generation Direct-to-Device network.
The 2GHz mobile satellite service frequencies are currently held by Viasat/Inmarsat and EchoStar.
The EU executive plans to extend the current licences held by Viasat/Inmarsat and EchoStar for two more years from their planned expiry in May 2027.
EchoStar agreed to sell its US-issued 2GHz licences, including AWS-4 and H-block, to SpaceX for the Starlink Direct-to-Cellular network.
Solaris Mobile later became EchoStar Mobile and was based in Dublin.
SpaceX cannot buy EchoStar’s EU 2GHz MSS licence under the European Union’s proposal and must compete for spectrum on the open commercial block.
The FCC approved the transfer of EchoStar’s US-issued 2GHz licences to SpaceX.
EchoStar completed a significant portion of the spectrum transfer to a business trust associated with SpaceX.
EchoStar bought Eutelsat W2A’s S-band payload despite the antenna defect.
EchoStar acquired the European 2GHz mobile satellite spectrum in January 2014 by purchasing 100% of Solaris Mobile Ltd.
Viasat and EchoStar will keep their 2 GHz licenses for two additional years after they expire in May 2027.
EchoStar sold spectrum to SpaceX, and the FCC approved that transaction on May 12.