AT&T Stock Rebounds After EchoStar and SpaceX Deal. Why the Shares Can Jump 10%.
1. AT&T acquires spectrum licenses from EchoStar for $23 billion. 2. Oppenheimer views AT&T's new spectrum positively for competitiveness. 3. AT&T aims to buy back $20 billion of shares by 2027. 4. EchoStar's sale to SpaceX shocks the wireless sector. 5. AT&T's dividend yield remains attractive to investors.