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SpaceX to buy spectrum licenses from EchoStar for $17B

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SpaceX agreed to buy wireless spectrum licenses from EchoStar in a $17 billion deal.

EchoStar is reportedly seeking to resolve a regulatory review over underutilization of its assets for 5G service expansion.

EchoStar in August sold some of its wireless spectrum licenses to AT&T for $23 billion.

Read more from Reuters.

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