Aug. 26 (UPI) -- AT&T announced a multi-billion-dollar deal Tuesday for a set of wireless spectrum licenses from the EchoStar satellite communications provider group.
Both companies confirmed the purchase of EchoStar's 3.45 gigahertz and 600 megahertz spectrum licenses by AT&T for roughly $23 billion.
As a result, the two companies have heightened their long-term wholesale network services agreement, which will enable EchoStar to operate as a hybrid mobile network operator and provide wireless service under the Boost Mobile brand.
AT&T will then serve as the primary network services partner to EchoStar.
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