EchoStar Takes $16.5 Billion Charge, Sells More Spectrum
EchoStar Corp. reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk's SpaceX for $2.6 billion as it works to unwind parts of its 5G wireless network.
(Financial Post, 2025-11-06T15:40:38Z)