Echostar downloads the satellite spectrum to Spacex for $ 17 billion

Echostar Mother Company sells wireless spectrum licenses to Spacex for about $ 17 billion, Companies Declare on monday. Spacex says it will use the spectrum to create the “next generation” of Starlink cellular satellite service, which will be able to make the Echostar Boost Mobile customers as part of the deal.

In May, the FCC Brendan Car chair Opening the investigation In the expansion of 5G from Echostar after receiving a complaint from Spacex, which claimed that the company “barely uses” a spectrum for satellite communication. Echostar had originally planned to use the AWS-4 (2GHz) spectrum range Enably enable the service of direct satellite cell to the deviceBut this sale puts an end to this goal.

In the press statement, the CEO of Echostar Hamed Akhavan said that the deal will allow Spacex “realize the direct vision to the cell in a more innovative, economist and faster consumers around the world.”