EchoStar Shares Surge On $23 Billion Mega-Deal To Sell Spectrum Licenses To AT&T, Head Off FCC Inquiry ...Middle East

Charlie Ergen’s EchoStar saw its stock head skyward after unveiling plans to sell spectrum licenses to AT&T for $23 billion, a move that will shore up its finances and, it hopes, resolve an inquiry by the FCC. Shares surged 80% to $54, an all-time high. The agency led by Brendar Carr, which needs to approve […]

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