# Who are EchoStar Corporation's customers? Who does EchoStar Corporation earn revenue from?
Canonical: https://valuechain.wiki/echostar · Facet: customers · Updated: 2026-09-24T04:08:53.992418+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: EchoStar Corporation's confirmed revenue counterparties include AT&T Inc., SpaceX. Per the valuechain.wiki graph: 2 revenue edges, backed by 4 dated sources, 1 of them primary filings (as of 2026-09-24).

### AT&T (high)  → /at-t.md
- metric: Amount $23B · acquisition completed 2026-07-28 · Purchase price for EchoStar's 600 MHz and 3.45 GHz spectrum licenses
- note: EchoStar sold approximately 50 MHz of nationwide low-band 600 MHz and mid-band 3.45 GHz spectrum to AT&T for about $23 billion in a transaction that closed on July 28, 2026.
- [confirms] AT&T Newsroom (EN, news, published 2026-07-28) https://about.att.com/story/2026/echostar-spectrum.html: "has closed its previously announced transaction to acquire certain wireless spectrum licenses from EchoStar"
- [confirms] SEC EDGAR (EN, filing, published 2026-02-09) https://www.sec.gov/Archives/edgar/data/732717/000073271726000120/t-20251231.htm: "we agreed to purchase FCC licenses in the 600 MHz and 3.45 GHz bands from EchoStar for approximately $23,000"
- [confirms] Hana Securities (KO, research, published 2025-09-09) https://www.hanaw.com/main/research/research/download.cmd?attachFileSeq=1&bbsCd=2224&bbsId=&bbsSeq=1284153&dbType=: "AT&T is acquiring 50 MHz of spectrum held by EchoStar for $23 billion."
- [confirms] SEC EDGAR (EN, filing, published 2025-08-26) https://www.sec.gov/Archives/edgar/data/732717/000119312525188074/d13570d8k.htm: "the Buyer will acquire licenses in the 600 MHz band and in the 3.45 GHz band"

### AT&T (high)  → /at-t.md
- metric: Contract value $22.6B · agreement announced 2025 · Unadjusted cash purchase price under the AT&T spectrum license sale agreement
- note: EchoStar agreed to sell its 3.45 GHz and 600 MHz spectrum licenses and extend AT&T's use of certain Hawaii licenses for $22.65 billion in cash. The transaction was awaiting regulatory approval at year-end 2025.
- [confirms] SEC EDGAR (EN, filing, published 2026-03-02) https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/tmb-20251231x10k.htm: "The filing states an aggregate purchase price of $22.650 billion in cash."
- [confirms] Hana Securities (KO, research, published 2025-09-23) https://www.hanaw.com/main/research/research/download.cmd?attachFileSeq=1&bbsCd=2220&bbsId=&bbsSeq=1284288&dbType=: "Hana Securities reports that EchoStar agreed to sell 50 MHz of its spectrum holdings to AT&T."
- [confirms] AT&T (EN, ir, published 2025-08-26) https://about.att.com/story/2025/echostar.html: "AT&T agreed to purchase EchoStar spectrum licenses for approximately $23 billion."

### 스페이스X (high)  → /spacex.md
- metric: Contract value $20B · amended agreement 2025 · Total consideration under the amended SpaceX spectrum transaction
- note: EchoStar agreed to transfer AWS-4, H-Block, and additional AWS-3 spectrum rights to SpaceX for approximately $20 billion. The consideration combines cash and SpaceX shares.
- [confirms] SEC EDGAR (EN, filing, published 2026-03-02) https://www.sec.gov/Archives/edgar/data/1415404/000110465926021817/tmb-20251231x10k.htm: "Total consideration increased from $17 billion to approximately $20 billion."
- [mentions] Hana Securities (KO, research, published 2025-09-23) https://www.hanaw.com/main/research/research/download.cmd?attachFileSeq=1&bbsCd=2220&bbsId=&bbsSeq=1284288&dbType=: "Hana Securities analyzes the initially announced 45 MHz SpaceX transaction at $17 billion."
- [mentions] Associated Press (EN, news, published 2025-09-08) https://apnews.com/article/echostar-spacex-musk-att-fcc-98875d3efa06242b0af80399dd3e0ca8: "The initial deal included up to $8.5 billion in cash and $8.5 billion in SpaceX stock."

Reverse side: https://valuechain.wiki/echostar/suppliers.md · Ripple: https://valuechain.wiki/echostar/ripple.md

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Full node: https://valuechain.wiki/echostar.md · JSON: https://valuechain.wiki/echostar.json