EchoStar has entered into a definitive agreement with SpaceX to sell the company's AWS-4 and H-block spectrum licenses for approximately $17 billion, with a mix of cash and SpaceX stock
The agreement also includes SpaceX funding cash interest payments on EchoStar debt through November 2027 and a long-term commercial agreement for Boost Mobile subscribers to access SpaceX's Starlink service
The transaction aims to advance direct-to-cell connectivity globally through the combination of EchoStar's spectrum with SpaceX's satellite capabilities
Innovative Spectrum Sale
Sale of AWS-4 and H-block spectrum licenses for $17 billion to SpaceX in combination with cash and stock options
Commercial Agreement Benefits
Long-term agreement enabling Boost Mobile subscribers to access SpaceX's Starlink service for enhanced connectivity
Direct-to-Cell Vision
The transaction aligns with EchoStar and SpaceX's vision to revolutionize communication through direct-to-cell satellite connectivity
- The sale and agreement are expected to accelerate the development and deployment of next-generation direct-to-cell satellite technology worldwide
- SpaceX's investment in EchoStar's debt payments underscores a strategic partnership for mutual growth and innovation
The collaboration between EchoStar and SpaceX marks a significant step towards transforming global communication infrastructure through advanced satellite technology and direct-to-cell connectivity. This strategic transaction reflects the shared commitment of both companies to innovation and customer-centric solutions.