Core Viewpoint - EchoStar has agreed to sell its 3.45 GHz and 600 MHz spectrum licenses to AT&T for approximately $23 billion, which is part of its strategy to address FCC inquiries and enhance its business operations [2][5]. Group 1: Transaction Details - The sale involves a total of 50 MHz of nationwide spectrum and is subject to regulatory approval [2]. - The transaction will allow AT&T to rapidly deploy the purchased spectrum to consumers, with the option to lease the spectrum before the sale closes [3]. - The agreement includes an amendment to the network services agreement, establishing a hybrid mobile network operator (MNO) relationship between EchoStar and AT&T [2][4]. Group 2: Impact on Services - Boost Mobile will continue to operate as a hybrid MNO, providing connectivity through its cloud-native 5G core and AT&T's cell sites, while also maintaining access to the T-Mobile network [4]. - Customers of Boost Mobile will experience no interruptions in service, although elements of Boost Mobile's radio access network will be decommissioned over time [4]. Group 3: Financial Implications - The proceeds from the transaction will be utilized for retiring certain debt obligations and funding EchoStar's ongoing operations and growth initiatives [5]. - The transaction is expected to place EchoStar on a solid financial path, enhancing its ability to innovate and compete as a hybrid network operator [5]. Group 4: Other Business Operations - The operations of EchoStar's other businesses, including DISH TV, Sling, and Hughes, will remain unaffected by this transaction [6].