AT&T Surges After SpaceX & EchoStar Spectrum Deals
AT&T stock has actually been experiencing some pretty significant gains right now following these major spectrum deals that total around $40 billion between EchoStar, SpaceX, and also AT&T. The telecommunications company is benefiting from strategic spectrum purchases while EchoStar’s partnerships with both AT&T and even SpaceX are reshaping the wireless industry. AT&T Stock Today Gains With Spectrum Mobile And Boost Mobile News AT&T logo with person using mobile phone – Source: Yahoo Finance Major Spectrum Deal Details Right now, AT&T has acquired about $23 billion worth of spectrum licenses from EchoStar, which actually adds approximately 50 MHz of low-band and also mid-band spectrum across more than 400 US markets. This AT&T acquisition is strengthening the company’s 5G network capabilities and positions it for enhanced service delivery. John Stankey, Chairman and CEO of AT&T, stated: “This acquisition bolsters and expan...