EchoStar to sell AWS-3 spectrum licenses to SpaceX for $2.6 billion

Investing.comThursday, November 6, 2025 at 11:33:42 AM
EchoStar to sell AWS-3 spectrum licenses to SpaceX for $2.6 billion

EchoStar to sell AWS-3 spectrum licenses to SpaceX for $2.6 billion

EchoStar's decision to sell its AWS-3 spectrum licenses to SpaceX for $2.6 billion marks a significant move in the telecommunications industry. This transaction not only strengthens SpaceX's position in the satellite communications market but also highlights the growing demand for spectrum resources as companies expand their services. The sale is expected to enhance competition and innovation in the sector, ultimately benefiting consumers with improved connectivity.
— via World Pulse Now AI Editorial System

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