EchoStar Stock Surges Amid SpaceX Buzz
Morgan Stanley upgrades EchoStar after SpaceX deal. Shares jump on rising spectrum value and SpaceX IPO speculation.
Morgan Stanley upgrades EchoStar after SpaceX deal. Shares jump on rising spectrum value and SpaceX IPO speculation.
AT&T surpasses analyst predictions by adding 405,000 mobile subscribers and 288,000 fiber customers in Q3 2025, driven by aggressive promotions and bundled service offerings.
EchoStar sells its AWS-4 & H-block spectrum to SpaceX for ~$17B (cash/stock) & $2B debt interest. This powers SpaceX's next-gen Starlink Direct-to-Cell, aiming to end mobile dead zones worldwide. Boost Mobile will access the service.
AT&T acquires $23 billion in low-band and mid-band spectrum from EchoStar, significantly enhancing its 5G and home internet services across the U.S., driving long-term growth, and reinforcing its leadership in advanced connectivity.