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FCC Clears SpaceX-EchoStar Spectrum Deal, but Ties Approval to a $2.4 Billion Escrow
U.S. regulators have approved EchoStar’s planned spectrum sales to SpaceX and AT&T, while requiring a multibillion-dollar escrow tied to claims from partners affected by Dish’s abandoned 5G buildout.
Key Takeaways
- The FCC approved EchoStar’s planned spectrum sales to SpaceX and AT&T.
- EchoStar must establish a $2.4 billion escrow account tied to partner claims.
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