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TL;DR

EchoStar just offloaded its 5G ambitions, selling 50 MHz of prime 3.45 GHz and 600 MHz spectrum to AT&T for $23 billion.

The deal helps it clean up debt and shrink its network ambitions down to a cloud‑core operator reliant on AT&T (and T‑Mobile) for coverage.

The FCC gets spectrum activated, AT&T expands its reach, and EchoStar lives to fight another day, but not as a network builder.

Boosted Out: EchoStar Sells Spectrum,

… Shrinks Ambitions, and Calls It Innovation.

EchoStar is calling it a milestone. That’s one way to describe a fire sale. The company just offloaded 50 MHz of spectrum in the 3.45 GHz and 600 MHz bands to AT&T for $23 billion and dressed it up as a strategic leap forward. They even tossed in a new “hybrid MNO” model for Boost Mobile, which now relies on AT&T’s infrastructure while keeping a cloud-native 5G core for appearances.

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