Bloomberg Intelligence AT&T to Buy EchoStar Spectrum Licenses for About $23 Billion
15 snips
Aug 26, 2025 Sam Fazeli, a pharmaceutical industry expert at Bloomberg Intelligence, discusses Eli Lilly's groundbreaking weight-loss pill, revealing that participants lost an impressive 9.6% of their body weight in trials. Meanwhile, Patricio Alvarez, specializing in Power & Gas Utilities, highlights the regulatory challenges Orsted faces after a construction halt on its offshore wind farm. The conversation also touches on AT&T's $23 billion acquisition of spectrum licenses from EchoStar, exploring its implications for the telecom industry and competition.
AI Snips
Chapters
Transcript
Episode notes
Sale Eases EchoStar's Debt Crisis
- EchoStar's $23B spectrum sale to AT&T solves a major capital crunch and reduces default risk.
- The deal likely prevents EchoStar bankruptcy and reassures investors, per John Butler.
Spectrum Acts Like Real Estate
- Spectrum values have risen steadily and are illiquid, making fair-value hard to pin down.
- John Butler expects AT&T's pricey purchase will likely prove worthwhile over time.
Deploy Spectrum Immediately To Improve Network
- AT&T plans to deploy the acquired spectrum immediately to boost download speeds and network quality.
- Use extra capacity to improve brand perception and prepare for AI-driven edge traffic, John Butler advised.