AT&T Invests $23B to Expand 5G Coverage Nationwide

Benzinga

AT&T is acquiring EcoStar’s spectrum licenses for $23 billion, covering 400+ U.S. markets. The deal adds 50 MHz of spectrum, including 30 MHz in the mid-band and 20 MHz in the low band, boosting 5G speed, home internet, and broadband upgrades. The acquisition increases AT&T’s debt while competitors like Verizon and T-Mobile remain active in 5G expansion.

Transcript

00:00AT&T just dropped 23 billion dollars to take over America's 5G future. Here's

00:05what that really means for you. You see this isn't just another telecom deal

00:09AT&T is buying echo star spectrum licenses which are basically the airwaves

00:14that carry your internet covering 400 plus markets across the US. With this

00:19deal AT&T gains 50 megahertz of spectrum nationwide. 30 megahertz in the

00:25powerful mid band plus 20 megahertz in the low band. That's the backbone of faster

00:305G, better home internet, and moving old copper line customers into next-gen

00:36broadband. But here's the twist AT&T's debt will temporarily spike and

00:40competitors like Verizon and T-Mobile aren't sitting still. So will this 23

00:45billion dollar gamble make AT&T the true 5G king or just load them with debt?

00:51Drop your thoughts and follow Benzinga for more breaking business stories.

Category

Transcript

Be the first to comment

Recommended