FCC approves SpaceX spectrum deal with $2.4 billion escrow condition

by Jason Rainbow

SpaceX has the FCC’s blessing to buy EchoStar spectrum to improve direct-to-device services in the United States, subject to a $2.4 billion escrow tied to disputes over the seller’s abandoned terrestrial 5G network buildout.

The post FCC approves SpaceX spectrum deal with $2.4 billion escrow condition appeared first on SpaceNews.

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