Echostar Sells More Spectrum to SpaceX
by Brian Wang from NextBigFuture.com on (#719NE)
EchoStar has sold its unpaired AWS-3 spectrum licenses to SpaceX for about $2.6 billion in stock. This follows a prior deal for $17 billion transaction for AWS-4 and H block. Echostar also announced a financial recognition of $16.5 billion impairment on 5G assets and a $3.9 billion net loss. EchoStar will manage its $11 billion ...