Echostar Corp is a global provider of satellite communication solutions, specializing in the development and operation of satellite systems and data networks that enable the distribution of video, broadband internet, and a range of other telecommunications services. The company designs and manufactures satellite-related technologies, including communication satellites and ground equipment, and offers comprehensive service solutions to both consumer and commercial markets. In addition to its satellite offerings, Echostar also engages in the provision of managed network services, supporting a variety of applications and industries that require reliable and high-capacity communication infrastructure. With a focus on innovation and connectivity, Echostar plays a significant role in advancing satellite technology and expanding access to critical communication services. Read More
The US market is yet to commence its session on Monday, but let's get a preview of the pre-market session and explore the top gainers and losers driving the early market movements.
EchoStar is selling AWS-4 and H-block spectrum to SpaceX for $17 billion, funding debt payments and expanding 5G services with Starlink Direct to Cell.
Shares of EchoStar are trading higher again during Wednesday's session. The move higher is driven by a landmark $23 billion deal to sell a significant portion of its wireless spectrum portfolio to AT&T.
Shares of EchoStar are skyrocketing Tuesday. The company announced a definitive agreement to sell a portfolio of its wireless spectrum licenses to AT&T.
Curious to know what's happening on the US markets one hour before the close of the markets on Tuesday? Join us as we explore the top gainers and losers in today's session.