EchoStar Soars 81.93% on $23B AT&T Spectrum Deal

On August 26, 2025, Echostar's stock surged by 81.93% in pre-market trading, marking a significant milestone for the company.

EchoStar's recent announcement to sell spectrum licenses to AT&T for $23 billion has been a pivotal moment for the company. This strategic move not only resolves long-standing regulatory issues but also transforms Boost Mobile into a hybrid network operator, enhancing its financial outlook.

AT&T's acquisition of these spectrum licenses, which include approximately 50 MHz of low-band and mid-band spectrum, will significantly bolster AT&T's network capabilities. This deal is expected to cover a wide geographical area, further strengthening AT&T's market position.

The transaction, valued at approximately $23 billion, is subject to certain adjustments and regulatory approvals. This acquisition is part of a broader strategy by AT&T to enhance its wireless network infrastructure, ensuring better service and coverage for its customers.