It's out. It's happening! No wonder $echo price action showed some strength
$20 Billion + incoming to a $28 Billion Mcap company 🤩
🔸 It lets EchoStar move forward with the AT&T wholesale/hybrid model and the SpaceX spectrum deal without violating the old merger decree.
🔸It still gives EchoStar valuable assets (prepaid business, cell site access, spectrum option) while reducing the capital burden.
This is the legal green light for EchoStar’s $echo new strategy: sell most spectrum to AT&T and SpaceX, become a hybrid MVNO + satellite player, use the cash to pay down debt, and avoid the massive cost of building its own full network.
Interesting fact: Founder / CEO owns ~50%+ of the company and ~90% voting power. Skin in the game.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
