Verizon in talks to buy EchoStar wireless spectrum: Report
U.S. telecom company Verizon Communications is in discussions with EchoStar about purchasing some of its wireless spectrum, Bloomberg News reported on Monday, citing people familiar with the matter.
The discussions involve the satellite communications firm’s AWS-3 licenses, valuable for carrying 5G wireless signals, the report said.
If the deal goes through, Verizon would join AT&T and SpaceX as buyers of EchoStar’s wireless spectrum licenses, according to Bloomberg.
