EchoStar Sells AWS-3 Spectrum to SpaceX
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Slice of Technology Team
11/07/2025
Key highlights
- $2.6 billion transaction in SpaceX stock
- Strengthens EchoStar's business opportunities
- Enhances direct-to-cell service capabilities
- No impact on current operations of DISH TV, Sling TV, etc.
- Regulatory approvals required for closing
Source: PR Newswire
Notable Quote
“ This transaction with SpaceX... will strengthen EchoStar's ability to develop new business opportunities and growth in value for our shareholders. ”
Hamid Akhavan, CEO at EchoStar Capital
Why this matters
This sale marks a significant step in the collaboration between EchoStar and SpaceX, enhancing their capabilities in the telecommunications sector and paving the way for innovative direct-to-cell services. This development is particularly significant for the tech sector.
