LA PLATA, Maryland — EchoStar Corp. has agreed to sell 50 MHz of its US-licensed AWS-4 and H-bloc spectrum holdings to SpaceX for $17 billion in cash and up to $8.5 billion in SpaceX Class A common stock, valued at $212 per share, EchoStar announced Sept. 8.
The company said the transaction, as with an earlier spectrum-holding sale, is intended to address concerns by the US Federal Communications Commission — concerns fed by SpaceX, among others — that EchoStar had been warehousing spectrum for too . . .
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