FCC OKs EchoStar spectrum sales with $2.4B escrow

FCC OKs EchoStar spectrum sales with $2.4B escrow

- The FCC approved EchoStar’s planned sale(s) of spectrum licenses. - The approval requires $2.4 billion be placed in escrow pending completion/review of the transactions. - The decision clears a key regulatory hurdle for the deal(s) while leaving potential for additional conditions or oversight.

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