Core Viewpoint - EchoStar Communications (SATS.US) has seen its stock price surge over 10% on Wednesday, with a two-day increase of 86%, following the announcement of a spectrum license sale to AT&T (T.US) for approximately $23 billion, which will help the company avoid bankruptcy and address regulatory issues regarding its radio wave usage [1] Group 1 - The transaction amount for the spectrum license sale is approximately $23 billion [1] - The deal will provide AT&T with an additional 50 megahertz of low and mid-band spectrum through an all-cash transaction [1] - The transaction is expected to be completed by mid-2026, pending regulatory approval [1]