Ad News Live
August 26, 2025
EchoStar 5G: AT&T will spend $23 billion to buy spectrum licenses from EchoStar. The move strengthens its low- and mid-band networks.
The licenses cover more than 400 markets across the U.S. AT&T says it will put them to use quickly. The company hopes this will bring in more home internet customers and fuel its growth.
The agreement further strengthens the partnership between AT&T and EchoStar. It gives EchoStar the ability to operate as a hybrid mobile network operator, offering service through its Boost Mobile brand.
AT&T will act as EchoStar’s main network partner. On Tuesday, EchoStar’s stock, based in Englewood, Colorado, surged 76% at the market’s opening.
“This acquisition strengthens our spectrum holdings and expands them,” said AT&T CEO John Stankey. “It will give customers a better 5G and home internet experience in more markets.
We’re investing in key wireless and broadband assets to push our strategy forward. Our aim is to be the top connectivity provider in the United States.”
AT&T announced in late 2024 that it would expand its fiber broadband network. The company aims to reach over 50 million locations by the end of 2029.
At the same time, it is working to shut down its legacy copper network across most of its wireline footprint.
AT&T plans to complete the upgrade of its 5G network using open technology by 2027. The company says the new system will deliver lightning-fast download speeds.
It will also create a foundation for future products and generative AI advancements.
AT&T reported in July that it expects to save up to $8 billion in cash taxes from 2025 through 2027. The savings stem from provisions in the Republicans’ One Big Beautiful Bill Act.
The company said it will put $3.5 billion of that money into its network to speed up the rollout of fiber internet. On Tuesday, shares of AT&T Inc., headquartered in Dallas, inched up by less than 1%.
Follow Us
AD News Live
