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AT&T Buys $23 Billion Worth of Spectrum from EchoStar

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Aug 26, 2025, 10:26 AM   by Rich Brome   @rbrome.bsky.social
updated Aug 26, 2025, 10:42 PM

AT&T and EchoStar (parent company of Boost Mobile) have reached a deal for AT&T to acquire 50 MHz of nationwide radio spectrum licenses from EchoStar for approximately $23 billion. 30 MHz of that bandwidth is in the 3.45 GHz band, prime mid-band spectrum that AT&T already uses for 5G (part of band 77). "AT&T intends to begin deploying these mid-band licenses, which are compatible with its 5G network, as soon as possible." The other 20 MHz is in the 600 MHz band (band 71). AT&T does not currently operate in that band (T-Mobile does) so it will take longer to deploy that spectrum. The licenses cover "virtually every market across the U.S.". The transaction is expected to close in mid-2026, but EchoStar has agreed to a leasing option that should allow AT&T to begin using the spectrum sooner.

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