SpaceX to Buy EchoStar Spectrum in $17B Deal

0
41

SpaceX’s Next Chapter

Gwynne Shotwell, SpaceX’s president and COO, highlighted how Starlink satellites already prove their worth in crises. “We’ve connected millions during disasters — when staying in touch meant survival,” she said. “With exclusive spectrum, our next-gen satellites will be faster, stronger, and cover every corner of the globe.”

EchoStar’s Balancing Act

EchoStar, parent of Dish Network, plans to channel proceeds into debt reduction and growth initiatives. The move also comes as the company faces ongoing Federal Communications Commission (FCC) inquiries over spectrum rights inherited from T-Mobile’s merger with Sprint in 2020.

By offloading these licenses, EchoStar expects to satisfy regulatory concerns and streamline its portfolio.

Signup for the USA Herald exclusive Newsletter

Regulatory Hurdles Ahead

The deal, still subject to regulatory approvals and closing conditions, marks the second multibillion-dollar spectrum sale EchoStar has executed in a month.

Should it clear the FCC, the SpaceX-EchoStar alliance could accelerate the direct-to-cell revolution — one that blends rockets, satellites, and mobile networks into a seamless web of connectivity.