SpaceX releases a $ 17 billion deal to buy Echostar spectrum for direct STARLINK service to the phone

At Elon Musk’s Spacex Agreed For 50 MHz from the Satial Satisfaction Spectrum Licensing and mobile phones from Echostar, for use in the satellite Starlink network.

Echostar will sell AWS-4 and H-Block licenses for $ 8.5 billion in cash and SPACEX $ 8.5 billion. Spacex said that the deal will allow it to develop and publish the “Cell to Cell” constellation, which claims to provide access to the Internet quickly to mobile phones around the world. From cash, two billion dollars will be made as direct cash interest payments on the debt echostar.

Spacex last year He received the approval of the Federal Communication Committee To go ahead with plans to submit a copy directly to the phone from Starlink, with T-Mobile as a provider. The purchase of this spectrum gives more freedom to work, without the need to rely on other network providers with the same extent.

In particular, Spacex said that the new spectrum will enable “improved 5G protocols” in the service of the phone to the phone, as soon as the next lines of satellites turn on. The deal also gives Echostar service from the direct Starlink service to the phone service.

The deal was made under great pressure from the Federal Communications Committee, which launched an investigation into the use of Echostar for the spectrum holdings in Mayafter General encouragement from Spacex. According to BloombergPersonally, President Trump, CEO of Echostar Charlie Ergen, urged the sale of Spectrum licenses in the weeks that followed. On August 26, Echostar He sold 23 billion dollars It is worth the spectrum licenses to AT & T.

In a statement, Echostar said he believed that, along with the AT & T deal, Special Sale will sell today to Spacex to solve FCC inquiries.