Verizon in talks to buy EchoStar spectrum - what it means for trades

Summary: Bloomberg and Reuters report that $VZ is negotiating to buy wireless spectrum from $SATS, likely centered on AWS-3 to boost mid-band 5G capacity. EchoStar has already been selling spectrum to majors like $T and SpaceX, and more AWS-3 is expected to head to federal auction next year. This deal would extend Verizon’s recent spectrum roll-up while helping EchoStar deleverage.

Winners

Wireless carriers adding mid-band capacity

Names: $VZ, $T

Reason: More AWS-class spectrum increases 5G capacity and speeds, lowers cost per bit, and strengthens fixed-wireless broadband offerings. Verizon would benefit directly if it buys from EchoStar; AT&T already boosted its holdings via an EchoStar deal, rei ...