EchoStar Stock Rises on AT&T $23 Billion Spectrum Purchase Agreement
EchoStar stock shot up after AT&T announced they’re snapping up $23 billion in spectrum licenses. The deal covers 50 MHz of nationwide spectrum across the 3.45 GHz and 600 MHz bands, hitting over 400 markets in the US and really boosting AT&T’s push for better fiber and 5G networks. For AT&T, this deal really beefs…