FCC approves AT&T and Starlink purchases of EchoStar spectrum

"“These two decisions promise to accelerate Internet speeds, strengthen competition, and bolster rural service while allowing America to lead the world in next-gen connectivity, including new high-speed offerings direct to your smartphone from low-earth orbit satellites.”"

"“AT&T will acquire approximately 30 MHz of spectrum in the 3.45 GHz mid-band and approximately 20 MHz nationwide in the 600 MHz low-band for about $23 billion. The all-cash transaction is subject to ‘certain adjustments.’”"

"“AT&T says that the spectrum deal with Echostar will impact virtually its entire footprint. The company says it will use the midband licenses to support AT&T Internet Air, its advanced fixed wireless home internet service. This will include areas where it intends to offer AT&T Fiber in the future and provide customers with a migration path.”"

"“The spectrum will support Echostar Boost Mobile customers quickly through lease arrangements for which AT&T has options that could be exercised before the deal closes. The spectrum sale is expected to close in the middle of next year.”"

FCC approved EchoStar spectrum sales to AT&T and Starlink. AT&T will acquire about 30 MHz in the 3.45 GHz mid-band and about 20 MHz nationwide in the 600 MHz low-band for about $23 billion in an all-cash transaction subject to adjustments. AT&T says the spectrum will affect virtually its entire footprint and will support AT&T Internet Air fixed wireless home internet, including areas where AT&T plans future Fiber and a migration path. The spectrum will also support AI and IoT use cases such as AI-native devices, autonomous vehicles, and advanced robotics. AT&T can lease spectrum to support Boost Mobile customers before the deal closes, with expected closing in mid-next year.

Read at Telecompetitor