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Acquisition Tracker
Announced July 28, 2026

AT&T (AT&T Mobility II LLC) acquires EchoStar (spectrum licenses)

Acquirer
AT&T (AT&T Mobility II LLC)
Target
EchoStar (spectrum licenses)
Deal Value
$23B
Status
Completed
Announced
July 28, 2026

What happened

AT&T announced on July 28, 2026 that it has closed its previously announced transaction to acquire certain nationwide 600 MHz low‑band and 3.45 GHz mid‑band spectrum licenses from EchoStar. The deal adds roughly 20 MHz of 600 MHz and ~30 MHz of 3.45 GHz spectrum covering virtually every U.S. market.

Why it matters

The acquisition materially increases AT&T’s low‑ and mid‑band holdings, improving nationwide coverage and mid‑band capacity for 5G — a strategic move to accelerate nationwide 5G performance and compete on both coverage and throughput. It also underscores continued consolidation of valuable spectrum into incumbent carriers ahead of further 5G and NTN use‑case rollouts.

spectrum
5G

Source: AT&T Newsroom