FCC asks EchoStar to sell some licenses to resolve 'spectrum warehousing'

20 hours ago 1
Satellite Orbiting The Earth

imaginima/iStock via Getty Images

EchoStar (NASDAQ:SATS) is being pushed by U.S. regulators to sell some of its airwaves, Bloomberg reported on Wednesday.

Shares of the company rose 11% just before the closing bell.

The report, citing sources, said the Federal Communications Commission wants the company to

Recommended For You

More Trending News

Read Entire Article