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BRIEF-AT&T To Acquire Spectrum Licenses From EchoStar For About $23 Billion
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BRIEF-AT&T To Acquire Spectrum Licenses From EchoStar For About $23 Billion
Aug 26, 2025 4:09 AM

Aug 26 (Reuters) -

AT&T ( T ):

* AT&T TO ACQUIRE SPECTRUM LICENSES FROM ECHOSTAR FOR ABOUT

$23

BILLION

* AT&T ( T ): COS TO ENHANCE WHOLESALE NETWORK SERVICES AGREEMENT,

ECHOSTAR TO OPERATE AS HYBRID MOBILE NETWORK OPERATOR

* AT&T ( T ): TO BUY ABOUT 30 MHZ OF NATIONWIDE 3.45 GHZ MID-BAND

SPECTRUM, ABOUT 20 MHZ OF NATIONWIDE 600 MHZ LOW-BAND SPECTRUM

* AT&T ( T ): TO BEGIN DEPLOYING MID-BAND LICENSES, WHICH ARE

COMPATIBLE

WITH ITS 5G NETWORK, AS SOON AS POSSIBLE

* AT&T ( T ): MAINTAINS FIBER EXPANSION TARGETS IT PROVIDED WITH

ITS Q2

EARNINGS RELEASE

* AT&T ( T ): REITERATES 2025 GUIDANCE AND CAPITAL RETURNS PLANS,

TO

RETURN TO LONG-TERM NET LEVERAGE TARGET OVER TIME

* AT&T ( T ): INTENDS TO FINANCE SPECTRUM PURCHASE DEAL WITH CASH

ON

HAND AND INCREMENTAL BORROWINGS

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