Reported about 5 hours ago
EchoStar expects to have $24.1 billion in cash after using proceeds from spectrum license sales to pay off debt, enhancing its balance sheet for growth in wireless, satellite, and technology sectors. The company sold licenses to AT&T and SpaceX, generating $31.2 billion while managing an $11.4 billion debt repayment. EchoStar aims to expand its Boost Mobile services by leveraging AT&T's network and integrating satellite connectivity, and continues to operate its Dish TV and Sling platforms.
Source: YAHOO