Echostar Agrees To Sell Full Unpaired AWS-3 Spectrum License Portfolio To SpaceX

Reuters11-20

Nov 6 (Reuters) - EchoStar Corp ::
*ECHOSTAR AGREES TO SELL FULL UNPAIRED AWS-3 SPECTRUM LICENSE PORTFOLIO TO SPACEX
*ECHOSTAR : AGREEMENT WITH SPACEX TO SELL THE COMPANY'S UNPAIRED AWS-3 LICENSES FOR APPROXIMATELY $2.6 BILLION IN SPACEX STOCK VALUED AS OF SEPT 2025
*ECHOSTAR CORP: CURRENT OPERATIONS OF ECHOSTAR'S DISH TV, SLING TV, BOOST MOBILE AND HUGHES WILL NOT BE IMPACTED BY THIS TRANSACTION
*ECHOSTAR CORP: CREATION OF A NEW DIVISION WITHIN ECHOSTAR TO BE NAMED ECHOSTAR CAPITAL
*ECHOSTAR CORP: CHARLES W. ERGEN, CHAIRMAN OF CO, HAS ACCEPTED HIS APPOINTMENT BY BOARD AS CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER
*ECHOSTAR CORP: HAMID AKHAVAN HAS ACCEPTED HIS APPOINTMENT BY BOARD AS CHIEF EXECUTIVE OFFICER, ECHOSTAR CAPITAL
*ECHOSTAR CORP: TOTAL CONSIDERATION INCREASED TO $19.61 BILLION WITH UP TO $11.11 BILLION TO BE PAID IN PURCHASER’S CLASS A COMMON STOCK AT $212/SHARE

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 06-NOV-202511:40:45 GMT

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