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AT&T acquires $23 billion worth of spectrum licenses from EchoStar
AT&T is buying $23 billion worth of mid-band spectrum licenses from EchoStar.
AT&T is set to acquire $23 billion worth of spectrum licenses from EchoStar, the parent company of Dish Network, Sling TV and Boost Mobile. The deal will see AT&T gain control of approximately 50MHz of low-band and mid-band spectrum, which are frequencies commonly used in 5G and LTE networks. As part of the agreement, AT&T and EchoStar will add to their long-term wholesale network services agreement, allowing EchoStar to operate as a hybrid mobile network operator providing service under the Boost Mobile brand.
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