02:15 PM EDT, 05/12/2025 (MT Newswires) -- The Federal Communications Commission informed EchoStar ( SATS ) Chairman and co-Founder Charlie Ergen that agency staff will investigate the company's compliance with federal requirements to build a nationwide 5G network, The Wall Street Journal reported Monday, citing an FCC letter to Ergen that it viewed.
EchoStar ( SATS ) did not immediately reply to a request for comment from MT Newswires.
Shares were falling more than 9% in recent trading.
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