EchoStar (SATS 12.37%) stock is surging higher in Friday's trading following some big financial news. The company's share price was up 12.8% as of 2 p.m.
President Donald Trump prodded Dish TV parent EchoStar Corp and Federal Communications Commission Chair Brendan Carr earlier this month to reach an amicable deal over the fate of the company's wireless spectrum licenses, the company said in a filing on Friday.
Since last Friday, shares of the satellite television and wireless operator EchoStar (SATS 2.01%) had blasted nearly 48% higher as of Thursday, a day in which the market is closed due to the observance of Juneteenth. The stock rocketed higher after media outlets reported that President Trump has encouraged the company and the U.S. Federal Communications Commission (FCC) to make a deal and end t...
EL SEGUNDO, Calif. , June 17, 2025 /PRNewswire/ -- Gen Mobile, a leading provider of prepaid wireless phone service, today announced the launch of its federal Lifeline program, which provides a monthly government-subsidized service discount to support low-income and underserved households.
Shares of EchoStar rose as much as 50% on Monday following a late Friday Bloomberg report that U.S. President Donald Trump urged EchoStar Chairman Charlie Ergen and Federal Communications Commission Chair Brendan Carr to reach a deal over the fate of the company's wireless spectrum licenses.
EchoStar Corp (NASDAQ: SATS) opened a whopping 45% up on Monday following reports that President Trump has stepped in to resolve a conflict between the satellite communication company and the FCC.
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