The FCC approved spectrum assignments for EchoStar applications, which utilizes the HughesNet and Boost Mobile brands. TD Cowen also raised its price target on EchoStar shares.

The entities involved

• EchoStar →

  global satellite services provider

  • The spectrum deal between EchoStar and AT&T is impacting AT&T's financial leverage.Fri 21:21
• Federal Communications Commission →

  independent U.S. government agency

  • Texas sued TP-Link over cyberattacks as the FCC instituted blanket bans on foreign routers.00:37
  • The FCC denied safety authorizations for TP-Link products, leveraging enforcement actions under Chair Brendan Carr.00:37
• TD Cowen →

  American investment bank

  • Jefferies raised its price objective on Aflac shares, while Barclays and TD Cowen issued rating updates.09:29
  • TD Cowen raised its target price on Western Alliance Bancorporation stock.08:59

Related events

• SpaceX acquired spectrum from EchoStar for future terrestrial targets.Aug 7
• EchoStar and SpaceX formalized a new agreement, while AST developed BlueBird satellites and faced investor allegations.Oct 29
• EchoStar and SpaceX both currently hold spectrum in the same band, with Terrestar operating EchoStar's satellite in Canada.Oct 29
• EchoStar announced spectrum license sales to SpaceX and AT&T, while Dish retained financial and legal advisors.Jul 1
• Deutsche Telekom and other telcos plan a joint bid for MSS spectrum as EchoStar's current licenses expire, prompting the European Commission to prepare reallocation.Oct 19