EchoStar Corporation Class A Stock News

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EchoStar has sold another $2.6 billion in spectrum to Elon Musk's SpaceX, giving the wireless and pay-TV company a stake of about 3% that is currently worth $11 billion. The transaction, announced Thursday along with the company's third-quarter results, builds on a $17 billion spectrum deal between the companies last September.

EchoStar Corporation ( SATS ) Q3 2025 Earnings Call November 6, 2025 11:00 AM EST Company Participants Dean Manson - Chief Legal Officer & Secretary Hamid Akhavan - CEO, President & Director Charles Ergen - Co-Founder & Executive Chairman of the Board Conference Call Participants John Hodulik - UBS Investment Bank, Research Division Brent Penter - Raymond James & Associates, Inc., Research Divi...

EchoStar's third-quarter loss widened due to lower revenue and a charge on its multibillion-dollar sales of wireless spectrum, and the company appointed a new CEO.

EchoStar said it would sell a set of wireless spectrum licenses to SpaceX for about $2.6 billion in exchange for stock in the space startup, expanding on the $17 billion deal the companies struck in September.

EchoStar Capital Division Announced to Spearhead Future Growth Opportunities Wireless: Net subscriber growth (+223K), improved churn (2.86%, an improvement of 13 basis points year-over-year), improved average revenue per user (ARPU) (2.6% year-over-year) and continued to have the highest prepaid ARPU in the industry. Pay-TV: DISH TV churn (1.33%) is at a historic low for the third quarter, grow...

With this unpaired AWS-3 spectrum, in addition to the AWS-4 and H-block spectrum licenses, SpaceX to develop and deploy a next-generation Starlink Direct to Cell constellation. ENGLEWOOD, Colo.