EchoStar Stock Soars 58% on AT&T Spectrum Acquisition

EchoStar Corporation’s shares experienced a dramatic surge of over 58%, reaching $47.22 in premarket trading on Tuesday, August 26th, 2025, following an announcement by AT&T to acquire spectrum licenses from EchoStar for approximately $23 billion. This acquisition marks one of the largest spectrum deals in recent telecommunications history, strengthening AT&T’s 5G network capabilities and providing EchoStar with substantial capital and a new strategic partnership. The deal underscores the significance of spectrum assets in the modern digital landscape.