Echostar Cancels satellite spectrum in Spacex for $ 17 billion

Echostar Sales Licenses Licenses Licenses Spacex Wireless Spectrum Licenses for about $ 17 billion, Companies announced Monday. Spacek says it will use the spectrum to create a “next generation” starlink’s cellular satellite service, which customers of boosting a mobile program owned by Echostar get access as part of a job.

In May, FCC Chair Brendan Carr opened the probe In Echostar’s 5g expansion after receiving a complaint from Spacex, which claimed that the company “barely uses” its spectrum for satellite connection. Echostar originally planned to use his AWS-4 (2GHz) spectrum spectrum on Enable service with direct device satellite cellsBut this sale is the end of that goal.

In the press release, the director of Echostar Hamid Akhavan said that the agreement would allow Spaceks “to realize the vision of direct cells at the innovative, more economical and faster way for consumers around the world.”