President Trump intervenes in EchoStar-FCC dispute over spectrum licenses, causing stock to surge 48%
From Yahoo Finance: 2025-06-19 15:31:00
President Trump urges FCC and EchoStar to resolve dispute over valuable spectrum licenses critical for 5G network. EchoStar’s stock surges 48% after Trump’s intervention. FCC investigating EchoStar’s compliance with federal laws for 5G rollout. UBS analyst values spectrum licenses at $35 billion, potential for big upside. Regulatory battles make investment risky.
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