SpaceX has agreed to acquire 50 MHz of wireless spectrum and mobile satellite service spectrum licenses from EchoStar for its Starlink satellite network. EchoStar will sell its AWS-4 and H-block spectrum licenses in exchange for $8.5 billion in cash and $8.5 billion in SpaceX stock. SpaceX said it would let it develop and deploy its…
In a wide-ranging video interview at the All-In Summit, the world’s richest man was asked about his intentions in the satellite-to-cell-phone space It’s going to take a couple years before a phone supports the spectrum that SpaceX is acquiring from EchoStar LightShed analysts said Musk’s point about not displacing carriers reinforces their view that SpaceX…
EchoStar has secured a financial lifeline from Elon Musk, whose SpaceX has agreed to pay $17 billion to acquire large amounts of its wireless spectrum. The parent company of Dish Network has been transitioning to wireless over the past few years as the pay-TV business continues to erode. Wrong-footed by fluctuating interest rates, it found…
Verizon is asking the FCC to waive its 60-day phone unlocking requirement Droves of public comments oppose the waiver, with consumers ratcheting up calls for more unlocked phones Law enforcement groups support Verizon’s request, but rivals like EchoStar say it makes sense for the rule to be applied uniformly to everyone Ask and ye shall…
The FCC is considering whether to require mobile phone carriers to unlock phones 60 days after activation It’s not on the FCC’s December agenda, but all five commissioners in July voted to move forward with the unlocking proposal MVNOs would be a big beneficiary of an easier switching environment Verizon is using GenAI tools. T-Mobile is giving…
(Reuters) – Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to a debt exchange. A group of Dish bondholders on Monday rejected the proposed debt-exchange offer from DirecTV that was contingent upon them accepting…