EchoStar's Forced Pivot: Spectrum Sale and Mobile Network Retreat
Update: 2025-09-16
Description
EchoStar stock plunges as the satellite giant scraps its mobile network ambitions under FCC pressure, opting to sell valuable spectrum to AT&T and SpaceX. Is this a smart pivot to an asset-light model, or a sign of lost potential? Investors are wary despite a cash infusion, as the company navigates a volatile market and shifts its long-term strategy.
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