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Sep 30, 2025 12:00 PM

EchoStar Stock Climbs As Investors Cheer Ongoing Spectrum Sales Strategy

EchoStar Corp. (NASDAQ:SATS) stock is trading higher on Tuesday.

The satellite communication company is reportedly engaged in talks to sell some of its wireless spectrum to Verizon Communications Inc. (NYSE:VZ).

Bloomberg reported that the discussions center on EchoStar's AWS-3 licenses, which are valuable for carrying 5G signals. The company has assigned a carrying value of $9.8 billion to the spectrum in regulatory filings.

While a deal with Verizon may not reach those levels, investors reacted positively to the potential transaction.

In August, EchoStar inked a landmark $23 billion deal to sell a ...