SpaceX Paves Starlink Mobile Path with $17B EchoStar Deal

Elon Musk’s SpaceX is the latest customer to purchase spectrum from EchoStar as that company continues to restructure. The firms have reached a definitive agreement for SpaceX to acquire $17 billion worth of AWS-4 and H-block spectrum, designated for mobile and satellite communications. SpaceX will also fund approximately $2 billion of cash interest payments payable on EchoStar debt through November of 2027. In addition, EchoStar is entering into a long-term commercial agreement that will allow it to access SpaceX’s next-generation Starlink Direct to Cell service for EchoStar’s Boost Mobile subscribers. Continue reading SpaceX Paves Starlink Mobile Path with $17B EchoStar Deal