Locator: 48967MARKET.
Question to ask: does ATT's acquisition of SATS directly affect T-Mobile's 5G leadership? Answer here.
Dow looks like it is recovering after yesterday's debacle.
While folks are focused on Cracker Barrel and Intel ....
Intel is gaining no traction; in pre-market trading down four cents ...
Has it ever been worse for Lucid?
SATS is up 71% in pre-market trading.
At $55, SATS is up $22 / share.
From Google AI:
Summary:
AT&T is set to acquire wireless spectrum licenses from EchoStar for approximately $23 billion in an all-cash transaction, with the deal expected to close by mid-2026 and requiring regulatory approval.
The acquisition will add approximately 50 MHz of low-band and mid-band spectrum to AT&T's holdings across the U.S., strengthening its 5G and fiber network capabilities.
Additionally, AT&T and EchoStar will expand their network services agreement, enabling EchoStar to operate as a hybrid mobile network operator (MNO) under the Boost Mobile brand, with AT&T as the primary network partner.Key Details of the Deal
- Acquisition Price:
- AT&T is paying about $23 billion for the spectrum licenses.
- Spectrum Acquired:
- The deal will add roughly 50 MHz of nationwide low-band and mid-band spectrum to AT&T's portfolio, including 30 MHz of 3.45 GHz mid-band and 20 MHz of 600 MHz low-band.
- Strategic Importance:
- The acquired spectrum will enhance AT&T's 5G and fiber networks, positioning the company to maintain long-term leadership in advanced connectivity.
- Hybrid MNO Relationship:
- AT&T will partner with EchoStar to provide network services, allowing EchoStar's Boost Mobile to operate as a hybrid mobile network operator.
