EchoStar Hands SpaceX a $17 Billion Wireless Sling. Can the Giants Survive the Shot?
EchoStar's $17 billion spectrum sale to SpaceX marks a pivotal shift in the wireless industry, bolstering its financial position while positioning SpaceX as a direct competitor to established telecom giants AT&T, Verizon, and T-Mobile.
The deal underscores the growing convergence between satellite technology and terrestrial wireless networks, a trend that could reshape market dynamics and accelerate innovation in connectivity solutions.