EchoStar shares leap 80% on $23bn deal to sell spectrum licences to AT&T
The company’s slow progress building its US mobile phone network drew criticism from the Trump administration
The company’s slow progress building its US mobile phone network drew criticism from the Trump administration

The company’s fortunes, and share price, could be decided in large part by what the Federal Communications Commission does next

Deal follows pressure from regulators and is expected to help Starlink expand

The big question is whether Washington will be on the same wavelength

EchoStar has gone from the brink of bankruptcy, to a way of betting indirectly on the world’s biggest ‘unicorn’

Deal will bolster tech group’s efforts to challenge Elon Musk’s Starlink with its own low Earth orbit satellite business

The Q2 results are an unreliable gauge of America’s ability to weather tariffs