EchoStar stock skyrockets 80% on AT&T deal to buy wireless spectrum for $23 billion
1. EchoStar stock surged over 80% after AT&T spectrum deal. 2. AT&T to buy licenses for $23 billion, enhancing its network. 3. Deal closes in mid-2026, pending regulatory approval. 4. EchoStar's spectrum sale addresses FCC's compliance inquiries. 5. Agreement expands EchoStar's services as a hybrid mobile operator.