AT&T to Acquire $23B in Spectrum Licenses from EchoStar
AT&T to Acquire $23B in Spectrum Licenses from EchoStar AT&T has agreed to acquire approximately $23 billion worth of low-band and mid-band spectrum licenses from EchoStar — the parent company of Dish Network, Sling TV and Boost Mobile. The deal gives AT&T control of roughly 50MHz of spectrum across more than 400 U.S. markets. Key points Purchase price: ~ $23 billion. Spectrum: ~50MHz of low- and mid-band frequencies (used for 5G and LTE). Coverage: Licenses cover 400+ U.S. markets. Boost Mobile: Will operate primarily on AT&T’s network under an expanded long-term wholesale agreement; customers will maintain access to T-Mobile’s network during the transition. Regulatory context: The FCC has pressured EchoStar to use or divest spectrum to prevent warehousing; the transaction remains subject to regulatory approval. Timeline: Expected to close in…
