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AT&T Closes $23 Billion Spectrum License Acquisition From EchoStar
Filed with the SEC on · Summarized by InvestorsBot
AT&T completed its approximately $23 billion acquisition of wireless spectrum licenses from EchoStar on July 28, 2026. The deal adds about 30 MHz of nationwide 3.45 GHz mid-band spectrum and 20 MHz of nationwide 600 MHz low-band spectrum, which AT&T says will increase 5G capacity and download speeds across virtually every U.S. market; the company also reiterated its second-quarter 2026 financial outlook and capital allocation plan.