Source: United Press International
“U.S. telecommunications company EchoStar announced Monday plans to sell spectrum licenses to SpaceX for $17 billion, allowing the aerospace company to expand its broadband service to cell phones via Starlink satellites. The definitive agreement includes EchoStar’s AWS-4 and H-block spectrum licenses in exchange for $8.5 billion in cash and up to $8.5 billion in SpaceX stock. SpaceX will also pay about $2 billion in interest on EchoStar debt through November 2027. The deal will allow SpaceX to expand upon its Starlink Direct to Cell constellation, which provides broadband cell service to phones globally.” (09/08/25)
https://www.upi.com/Top_News/US/2025/09/08/EchoStar-SpaceX-Direct-to-Cell-Starlink/8851757332745/