EchoStar $40B Spectrum Sale Approved by FCC

FCC approves EchoStar's $40 billion spectrum transaction with SpaceX and AT&T, clearing regulatory hurdles.
AT&T will buy 50 MHz (30 mid‑band, 20 low‑band) for $23 billion to expand its 5G network, especially in rural areas.
SpaceX will acquire 65 MHz for $17 billion to support Starlink’s device‑to‑device service, receiving exclusive‑use spectrum waivers.
EchoStar must set up a $2.4 billion escrow account and AT&T is required to build its network years ahead of schedule.