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Investing $23 billion! AT&T (T.US) acquires EchoStar Communications (SATS.US) specific wireless spectrum licenses.

26/08/2025

According to the financial news app Wisdom Finance, the American Telephone and Telegraph Company (T.US) has agreed to acquire certain wireless spectrum licenses held by EchoStar Communications (SATS.US) for a total price of about $23 billion. In response to this news, EchoStar Communications surged 60% in pre-market trading.

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In the early trading session on Tuesday, the stock price of biotechnology company Femasys (FEMY) plunged by 35.7% after the company announced a public offering to raise $8 million for funding to support its business expansion and product development plans.

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