EchoStar, AT&T Close $23 Billion Spectrum Sale

EchoStar and AT&T closed a $23 billion spectrum sale, with AT&T acquiring 600 MHz and 3.45 GHz nationwide licenses. The deal's delay contributed to bankruptcies at EchoStar subsidiaries Dish DBS and Dish Wireless, and a third property (Hughes Network Systems) is preparing to file for bankruptcy.

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