Dish Network and Boost Mobile owner EchoStar to sell wireless spectrum licenses to AT&T for $23B
AT&T said on Tuesday, August 26, 2025 it will purchase key wireless spectrum licenses from EchoStar for about $23 billion, as the the U.S. telecom provider seeks to boost its network in a competitive market.
"Investment in critical U.S. communications infrastructure supercharges AT&T’s converged connectivity leadership strategy and furthers goal of becoming the best connectivity provider in America
Key Takeaways:
$23 billion acquisition will add an average of approximately 50 MHz of low-band and mid-band spectrum to AT&T’s holdings – covering virtually every market across the U.S. and positioning AT&T to maintain long-term leadership in advanced connectivity across 5G and fiber
Transaction powers improved and capital-efficient long-term growth by accelerating the Company’s ability to add converged subscribers with both 5G wireless and home internet services in more places
Leading AT&T network will enable continued EchoStar participation in wireless industry through long-term wholesale network services agreement
AT&T reiterates full-year 2025 financial guidance and capital return plans including an expected $20 billion of share repurchase capacity during 2025-2027"
-- AT&T
Boost Mobile is the fourth largest wireless carrier in the United States, and is a wholly owned subsidiary of EchoStar.
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