Shares of EchoStar Corp ( SATS ) are trading higher again during Wednesday’s session, driven by a landmark $23 billion deal to sell a significant portion of its wireless spectrum portfolio to AT&T Inc ( T ) .

What To Know: The agreement with AT&T ( T ) involves an all-cash transaction for EchoStar’s 3.45 GHz and 600 MHz spectrum licenses. Per a Tuesday press release, the sale will provide AT&T ( T ) with mid-band and low-band airwaves to bolster its 5G network and fiber infrastructure. The AT&T ( T ) deal is expected to close by mid-2026, pending regulatory approval.

For EchoStar ( SATS ), the parent company of DISH Network, the massive capital infusion marks a pivotal moment. CEO Hamid Akhavan stated the deal “puts our business on a solid financial path,” with proceeds intended to retire debt and strengthen the company’s financial position.

The momentum continued into Wednesday’s session amid reports late Tuesday that both Starlink and T-Mobile have also expressed interest in acquiring the company’s remaining spectrum assets.

The companies are potential bidders for some or all of EchoStar’s other spectrum holdings. Starlink is reportedly interested in a block of spectrum valued at nearly $30 billion.

Price Action: According to data from Benzinga Pro, SATS stock is trading higher by 13.43% to $57.70 Wednesday morning. The stock has a 52-week high of $57.78 and a 52-week low of $14.90.

Read Also: AT&T Expands 5G Empire With $23 Billion EchoStar Spectrum Acquisition

How To Buy SATS Stock

By now you're likely curious about how to participate in the market for EchoStar ( SATS ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of EchoStar ( SATS ), which is trading at $55.19 as of publishing time, $100 would buy you 1.81 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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