03:09 PM EDT, 06/16/2025 (MT Newswires) -- EchoStar's ( SATS ) ongoing 5G network buildout review by the Federal Communications Commission that could lead to the potential sale of spectrum licenses is reportedly drawing pressure from the White House, UBS Securities said in a note emailed Monday.

The company recently missed $500 million in interest payments and faces a default if no resolution is reached within the 30-day grace period, according to the note.

"We believe these developments suggest the forfeiting of EchoStar's ( SATS ) airwaves is less likely and brings spectrum valuation back into focus," UBS said.

The firm said that there is likely to be high interest from major wireless carriers in acquiring EchoStar's ( SATS ) spectrum due to tight supply and strong network compatibility. T-Mobile (TMUS) may be interested in the 600 MHz airwaves, while AT&T ( T ) would benefit from the adjacent 3.45 GHz holdings.

UBS has a neutral rating on EchoStar's ( SATS ) stock, with a $28 price target.

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