FCC ends EchoStar investigation aver AT&T, SpaceX deals, Bloomberg says

Date:

The FCC has ended a regulatory probe into EchoStar (SATS) after the company agreed to sell $17B worth of wireless spectrum to Elon Musk’s SpaceX, Bloomberg’s Kelcee Griffis reports. FCC chairman Brendan Carr said the commission would no longer be looking into whether EchoStar, which also recently announced a spectrum deal with AT&T (T), had hit milestones for building out its mobile network, the author says, citing a letter Carr wrote to EchoStar chairman Charlie Ergen.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Disclaimer & DisclosureReport an Issue

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...