Report
Jonathan Chaplin
EUR 8814.00 For Business Accounts Only

EchoStar swapping some 3.45GHz for 600MHz

EchoStar is swapping 3.45GHz licenses in markets where they have excess licenses for 600MHz licenses in markets where they have a shortfall. Financial terms weren’t disclosed, but we suspect that this was a straight swap of two similarly valued portfolios that doesn’t set a new mark for either band. The transactions, while small, suggest that EchoStar is still focused on improving their wireless business rather than on divesting spectrum.
Underlying
EchoStar Corporation Class A

EchoStar is a holding company. Through its subsidiaries, the company is a global provider of broadband satellite technologies, broadband internet services for home and small office customers, satellite operations and satellite services. The company operates in two business segments: Hughes, which provides broadband satellite technologies and broadband internet services and broadband network technologies, managed services, equipment, hardware, satellite services and communications solutions; and EchoStar Satellite Services, which uses certain of the company's owned and leased in-orbit satellites and related licenses to provide satellite service operations and satellite services.

Provider
New Street Research
New Street Research

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Analysts
Jonathan Chaplin

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