AT&T announced a definitive agreement to acquire certain wireless spectrum licenses from EchoStar for approximately $23 billion in an all-cash transaction. This substantial acquisition will add about 50 megahertz of mid-band and low-band spectrum to AT&T's network. The licenses cover more than 400 markets across the United States, significantly enhancing AT&T's 5G capabilities.
The deal is expected to close in mid-2026, pending necessary regulatory approvals. This acquisition is a critical step in AT&T's strategy to expand and improve its 5G and high-speed data services, particularly in response to growing demand. The additional spectrum will allow AT&T to deliver faster, more reliable, and innovative services to its customers.
Concurrently, AT&T and EchoStar agreed to expand their network services agreement, which will enable EchoStar to operate as a hybrid mobile network operator under the Boost Mobile brand. This broader collaboration is seen as a win for both companies and for consumers, as it aims to put more services together in ways customers want to buy them.
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