AT & T gets $ 23 billion from Echostar

AT & T For Spectrum licenses worth $ 23 billion from Echostar, the parent company of Dish Network, Sling TV and Boost Mobile. The deal will witness the control of AT&T about 50 MHz of low -range and tactical spectrum, which are common frequencies in 5G and LTE networks.

It was echostar From FCC to building a spectrum in its wallet or . Take the regulations of the Federal Communications Committee or A approach to ensure that the spectrum licenses granted by the government actually lead to real service to customers and not the spectrum warehouse.

As part of the agreement, AT & T and Echostar will add to their long -term network services agreement, allowing Echostar to work as a mobile mobile network operator that provides service within the mobile phone brand. This means that Boost Mobile will start depending mainly on the AT & T network infrastructure, although customers will be able to access the T-Mobile network. Boost Mobile will also order components of limited cell infrastructure.

Licensing covers more than 400 markets in the United States, and the company says it intends to start publishing these licenses as soon as possible. The acquisition is expected to be closed in mid -2016 and is subject to organizational approval.