AT&T Spectrum Sale Closed
On July 28, 2026, EchoStar closed the sale of 3.45 GHz and 600 MHz spectrum licenses to AT&T for $20.25 billion in cash, using proceeds to repay $3.5 billion in 11.75% Senior Secured Notes and $2.0 billion in DISH DBS senior notes.
SpaceX Transactions Update
In May 2026, EchoStar completed the Spectrum Transfer Closing to a trust for AWS-4, H-Block, and AWS-3 licenses, with total consideration of approximately $20 billion, including up to $11 billion in SpaceX Class A common stock. The final acquisition closing is targeted for November 30, 2027.
Deconsolidation of Major Subsidiaries
On June 30, 2026, DISH DBS and DISH Wireless filed for Chapter 11 bankruptcy, causing EchoStar to deconsolidate these entities and record a $9.729 billion non-cash gain. Their financials are no longer included from Q3 2026 onward.