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EchoStar Sells Spectrum Licenses to SpaceX for $17B

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EchoStar Sells Spectrum Licenses to SpaceX for $17B

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Echostar ( (SATS) ) has shared an update.

On September 7, 2025, EchoStar Corporation entered into a License Purchase Agreement with SpaceX to sell its AWS-4 and H-block spectrum licenses for approximately $17 billion. This transaction, expected to close by November 30, 2027, involves a combination of cash and SpaceX stock and includes a long-term commercial agreement enabling EchoStar’s Boost Mobile subscribers to access SpaceX’s Starlink Direct to Cell service. The proceeds will be used to retire debt and fund EchoStar’s growth initiatives, while its current operations remain unaffected. This strategic move aims to enhance SpaceX’s Starlink capabilities and resolve FCC inquiries, potentially impacting the telecommunications industry by advancing satellite-based direct-to-cell connectivity.

The most recent analyst rating on (SATS) stock is a Hold with a $63.00 price target. To see the full list of analyst forecasts on Echostar stock, see the SATS Stock Forecast page.

Spark’s Take on SATS Stock

According to Spark, TipRanks’ AI Analyst, SATS is a Neutral.

Echostar’s overall stock score is primarily impacted by its weak financial performance and valuation, which are offset by strong technical indicators. Regulatory challenges and financial distress further weigh on the score, despite some positive strategic initiatives.

To see Spark’s full report on SATS stock, click here.

More about Echostar

EchoStar Corporation is a leading provider of technology, networking services, television entertainment, and connectivity solutions for consumers, enterprises, operators, and governments worldwide. The company operates under various brands including EchoStar, Boost Mobile, Sling TV, DISH TV, Hughes, HughesNet, HughesON, and JUPITER. EchoStar has a significant presence in Europe through EchoStar Mobile Limited and in Australia as EchoStar Global Australia.

Average Trading Volume: 4,629,297

Technical Sentiment Signal: Buy

Current Market Cap: $19.35B

For detailed information about SATS stock, go to TipRanks’ Stock Analysis page.

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