EchoStar sold $20.25bn of spectrum. $2.4bn never reached it
The FCC would not approve the AT&T sale until the buyer funded a creditor trust out of the purchase price — to pay for decommissioning the network being sold.
4 primary sourcesTicker · 1 article
SATS
Every article on this page was built from the company's own filings. The documents they were read from are listed below, so you can check any figure yourself.
Last checked Aug 26, 2026All companies
Figures we worked out for SATS
Not a data feed. Each of these was calculated inside one of the articles above, from the filings listed at the bottom of this page. The arithmetic is shown so you can redo it — and it is re-run every time this site is built.
| Figure | Value | Arithmetic |
|---|---|---|
| EchoStar sold $20.25bn of spectrum. $2.4bn never reached it | ||
| Repaid at closing, same day | $5,686m | 3686 + 2000 |
| Share of proceeds repaid immediately | +28.1% | (3686 + 2000) / 20250 |
| Total consideration including the trust | $22,650m | 20250 + 2400 |
| Share of the price that did not reach EchoStar | +10.6% | 2400 / (20250 + 2400) |
| Proceeds against cash on hand at 30 June | 46.02× | 20250 / 439.988 |
| Cash fell this much in a year | −81.2% | 439.988 / 2345.085 - 1 |
| Fiscal 2025 impairments, two lines | $12,241m | 5784.8 + 6456.4 |
| Long-term debt fell this much in a year | −37.1% | 15985.4 / 25401.7 - 1 |
| Type A reserve as a share of the trust | +8.3% | 200 / 2400 |
| Trust against the cash EchoStar had on 30 June | 5.45× | 2400 / 439.988 |
10 figures from 1 article. Totals and industry averages that belong to no single company are not listed here.
Primary sources used
- EchoStar Corporation — Form 8-K, filed 28 July 2026Items 1.02, 2.01, 8.01, 9.01 · the $20.25bn proceeds, the $2.4bn FCC Trust and its three claim tiers, the $3.686bn redemption and the $2.0bn repayment
- EchoStar Corporation — Form 10-Q for the quarter ended 30 June 2026Cash of $439.988m, total liabilities of $25,224.0m and long-term debt of $15,985.4m at 30 June 2026
- SEC XBRL company facts — EchoStar Corporation (CIK 0001415404)The cash, debt, impairment and net income series quoted here, taken as filed
- EchoStar Corporation — SEC EDGAR filing historyThe 8-K item numbers used to find this filing — 1.02, 2.01 and 8.01
4documents, deduplicated. Links go to the original filing, not to a summary.