SpaceX agrees to acquire EchoStar's AWS-4 and H-block spectrum licenses for up to $8.5B in cash and up to $8.5B in stock, resolving an FCC inquiry into EchoStar
SpaceX, the Elon Musk-backed company that owns the Starlink satellite internet network, agreed to acquire wireless spectrum …
T-Mobile has received FCC and DOJ approval for its $4.4B acquisition of US Cellular, after agreeing to phase out DEI programs to comply with FCC policy
Kelcee Griffis / Bloomberg :
Sources: EchoStar is considering filing for Chapter 11 bankruptcy to protect its valuable wireless spectrum licenses from potential revocation by the FCC
Wall Street Journal :
The FCC approves Verizon's $9.6B acquisition of Frontier Communications after Verizon agreed to pare back what Brendan Carr called “invidious” DEI practices
not in backroom deals. The FCC must be transparent and accountable to the American people, especially as it moves to censor and control companies it disagrees with.
FCC filing: Larry Ellison will own 77.5% of Paramount Global parent company National Amusements after his son David completes Skydance's Paramount acquisition
It's the investment bankers' dream—a company so desperate for growth … Alex Weprin / The Hollywood Reporter : New Plan to “Revitalize” CBS Revealed In Filing by Skydance and Paramount New York Times :...
AT&T spent $9.1B, Dish $7.3B, and T-Mobile $2.9B in FCC's 5G auction for the 3.45GHz to 3.55GHz band previously reserved for military use; Verizon was absent
Drew FitzGerald / Wall Street Journal :
Zoom says it no longer plans to acquire cloud-based call center software maker Five9, following the FCC's review of the $14.7B deal on national security grounds
13% — Zoom was paying. Zoom and Five9 abandon $14.7 billion acquisition https://www.cnbc.com/...
Zoom says it no longer plans to acquire cloud-based call center software maker Five9, following the FCC's review of the $14.7B deal on national security grounds
- Zoom's attempted acquisition of cloud contact center software maker failed to win sufficient approval from Five9 shareholders.
Recent FCC auction results: Verizon bid ~$53B to more than double its mid-band spectrum holdings and boost 5G; AT&T bid ~$27B and T-Mobile bid ~$9B on mid-range
Clare Duffy / CNN :
FCC says Verizon, Dish, Charter, and Comcast were the 4 highest bidders in a ~$4.6B 3.5GHz band auction; Dish secured the most 3.5GHz licenses with nearly 5,500
As widely expected, Verizon showed up at the auction of 3.5 GHz Priority Access Licenses (PALs) in a big way …