AT&T acquires $23 billion worth of spectrum licenses from EchoStar
AT&T has agreed to acquire $23 billion worth of spectrum licenses from EchoStar, the parent company of Dish Network, Sling TV, and Boost Mobile. The deal will give AT&T control of approximately 50MHz of low-band and mid-band spectrum, which are commonly used for 5G and LTE networks. EchoStar had been under pressure from the FCC to utilize the spectrum or consider divesting it. As part of the agreement, AT&T and EchoStar will expand their existing wholesale network services agreement, allowing EchoStar to operate Boost Mobile as a hybrid mobile network operator, primarily relying on AT&T's network infrastructure. The licenses cover more than 400 markets in the US, and AT&T plans to begin deploying them as soon as possible. The acquisition is expected to close in mid-2026, pending regulatory approval.
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