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EchoStar Announces Spectrum Sale and Commercial Agreement with SpaceX

No TV had it till 2016 models and only a few at that.
Nope, the first TVs with Dolby Vision was announced in early 2015, released that same year, the same year the Joey was released-

 
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EchoStar to sell full portfolio of AWS-4 and H-block spectrum licenses to SpaceX.

With AWS-4 and H-block spectrum licenses, SpaceX to develop and deploy a next-generation Starlink Direct-To-Cell constellation.

ENGLEWOOD, Colo. and HAWTHORNE, Calif., Sept. 8, 2025 /PRNewswire/ -- 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, consisting of up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock valued as of the entry into the definitive agreement. Additionally, the definitive agreement provides for SpaceX to fund an aggregate of approximately $2 billion of cash interest payments payable on EchoStar debt through November of 2027.

EchoStar (PRNewsfoto/EchoStar Corporation)
In connection with the transaction, SpaceX and EchoStar will enter into a long-term commercial agreement, which will enable EchoStar's Boost Mobile subscribers – through its cloud-native 5G core – to access SpaceX's next generation Starlink Direct to Cell service.

"For the past decade, we've acquired spectrum and facilitated worldwide 5G spectrum standards and devices, all with the foresight that direct-to-cell connectivity via satellite would change the way the world communicates," said Hamid Akhavan, president & CEO, EchoStar. "This transaction with SpaceX continues our legacy of putting the customer first as it allows for the combination of AWS-4 and H-block spectrum from EchoStar with the rocket launch and satellite capabilities from SpaceX to realize the direct-to-cell vision in a more innovative, economical and faster way for consumers worldwide."

"We're so pleased to be doing this transaction with EchoStar as it will advance our mission to end mobile dead zones around the world," said Gwynne Shotwell, president & COO, SpaceX. "SpaceX's first generation Starlink satellites with Direct to Cell capabilities have already connected millions of people when they needed it most – during natural disasters so they could contact emergency responders and loved ones – or when they would have previously been off the grid. In this next chapter, with exclusive spectrum, SpaceX will develop next generation Starlink Direct to Cell satellites, which will have a step change in performance and enable us to enhance coverage for customers wherever they are in the world."

EchoStar anticipates this transaction with SpaceX along with the previously announced spectrum sale will resolve the Federal Communications Commission's (FCC) inquiries.

Closing of the proposed transaction will occur after all required regulatory approvals are received and other closing conditions are satisfied.

The proceeds of this transaction will be used for, among other things, retiring certain debt obligations and funding EchoStar's continued operations and growth initiatives. Current operations of EchoStar's DISH TV, Sling and Hughes will not be impacted by this transaction.

EchoStar was represented by White & Case LLP and Steptoe & Johnson PLLC for this transaction. SpaceX was represented by Gibson Dunn & Crutcher LLP and HWG LLP.
there's even rumors that elon wants to buy verizon on the internets. i call it hogwash
 
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I said all along that the FCC Carr wanted DISH to divest itself of the spectrum they have been sitting on for years. They will make all these deals sail through now. Charlie recognized that he won't be able to do business with this FCC and what they ultimately wanted and he saw the writing on the wall. He spent to much time on the build out of his 5g network and didn't have a way to raise more money from investors to finish his build out, so he cashed in on that bandwidth he had accumulated for years and wasn't using and now he is out of debt.
But it wasn't supposed to work that way. The spectrum was to be utilized, not simply held as some kind of appreciating asset to eventually sell on. The only thing that makes this remotely kosher would be that echo/boost is effectively entering into a joint arrangement with musk whereby it will become a direct user of the spectrum it's transferring. Otoh there's nothing holding echo to that.
 
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