Trump urged EchoStar, FCC chair to cut a deal on spectrum: Report
WASHINGTON: President Donald Trump urged EchoStar Corp Chairman Charlie Ergen and Federal Communications Commission Chair Brendan Carr to reach a deal over the fate of the company’s wireless spectrum licenses, Bloomberg reported on Friday.
EchoStar shares were up 52% in after-hours trading Friday on the report.
On Thursday, Trump met with Ergen and he telephoned Carr, who came to the White House to join the meeting, Bloomberg reported.
