FCC approves SpaceX’s EchoStar spectrum purchase, conditioning approval on a $2.4B escrow tied to disputed terrestrial 5G buildo
The FCC has issued a Report and Order approving SpaceX’s planned acquisition of EchoStar spectrum for US direct-to-device services. The approval comes with a $2.4 billion escrow requirement linked to disputes over EchoStar’s abandoned terrestrial 5G network buildout, while the FCC also moves toward auctioning remaining Upper C-band spectrum by mid-2027.