echostar

SpaceX is set to purchase roughly $17 billion in wireless spectrum from EchoStar, $8.5 billion in cash and up to $8.5 billion in stock, along with $2 billion to cover EchoStar's debt interest through late 2027.

The acquisition of AWS-4 and H-block spectrum paves the way for Starlink's direct-to-cellphone service, dramatically boosting its mobile coverage and capacity and potentially enabling partnerships with carriers like Boost Mobile and T-Mobile.

The deal, which follows a $23 billion sale of other spectrum licenses to AT&T, is aimed at resolving an FCC review into EchoStar's underutilization of its spectrum assets. EchoStar's stock jumped about 21-22% in reaction, while telecom rivals dipped.

At the same time, the agreement enables Boost Mobile users to access Starlink's service in underserved areas.

What are your thoughts on this?

-

Follow for more insights!

#SpaceX #ElonMusk #EchoStar #News #Insights

🚀 #EchoStar /USDT — Strong Bullish Breakout in Motion 🚀

Current Price: $0.03377 (+15.60%)

ECHO is displaying powerful upward momentum after successfully breaking above the $0.031 resistance zone. The market structure is turning decisively bullish, with higher highs and strong trading volume, signaling continued buying pressure and potential for further upside.

📈 Trade Setup:

Entry Zone: $0.0333 – $0.0338

Target 1: $0.0348

Target 2: $0.0360

Target 3: $0.0375

Stop Loss: $0.0318


As long as price holds above $0.0330, the short-term trend remains bullish, with potential for an extended rally if momentum continues.

🔥 Buy & Trade $ECHO Now!
Follow for more crypto insights, market updates, and trading setups.

$BTC $ETH $BNB
#MarketPullback #CPIWatch #AITokensRally #SummerOfSolana?