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EchoStar Posts Q3 Loss, $16 Billion Write-Down Amid Spectrum Deals
ByAinvest
Thursday, Nov 6, 2025 2:11 pm ET1min read
EchoStar Corp. reported a Q3 loss of $1.58 per share, wider than estimates, and revenue of $3.61 bln, down from $3.89 bln YoY. The company posted a one-time, non-cash impairment charge of $16.48 bln due to shutting down parts of its 5G network. EchoStar finalized major spectrum deals with AT&T and SpaceX, clearing the way for FCC approval of its 5G buildout compliance.
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