8-KCurrent report
Agreement termination
✓ VerifiedEchoStar closed the sale of all 3.45 GHz and 600 MHz spectrum licenses to AT&T Mobility II LLC, receiving $20,250,000,000 in proceeds plus a $2,400,000,000 FCC Trust deposit.
2.01 Acquisition or disposal8.01 Other events
Filed Jul 28, 2026 · 16:14 ET
Summary
- On July 28, 2026, EchoStar and the Seller Parties completed the sale of all 3.45 GHz and 600 MHz spectrum licenses to AT&T Mobility II LLC under the License Purchase Agreement dated August 25, 2025.
- At Closing, EchoStar received proceeds of $20,250,000,000 and AT&T deposited an additional $2,400,000,000 into the mandated FCC Trust.
- The Seller Parties also entered into a 99-year extension of existing leases for the Buyer's exclusive use of certain wireless spectrum licenses in Hawaii.
- DISH DBS Corporation repaid its 7.75% Senior Notes due July 1, 2026 in full, comprising $2,000,000,000 in aggregate principal plus accrued and unpaid interest, as authorized by the U.S. Bankruptcy Court for the Southern District of Texas.
- At Closing, approximately $3.686 billion of DISH Network's 11 3/4% Senior Secured Notes due November 15, 2027 was redeemed in full and the November 26, 2021 Loan and Security Agreement was satisfied in full.
- The FCC Trust, known as the Wireless Creditor Trust, pays eligible claims in three priority tiers and terminates no later than five years from the trust effective date.
Key facts
- Sale proceeds to Seller
- $20,250,000,000
From the filing for Sale proceeds to Seller
“Seller received proceeds of $20,250,000,000 and an additional $2,400,000,000 was deposited by the Buyer into the mandated FCC Trust”
- FCC Trust amount
- $2,400,000,000
From the filing for FCC Trust amount
“the FCC's Wireless Telecommunications Bureau (the "Bureau") required the establishment of a trust fund in the amount of $2,400,000,000 (the "FCC Trust")”
- Licenses sold
- 3.45 GHz and 600 MHz spectrum licenses
From the filing for Licenses sold
“the Seller Parties sold all 3.45 GHz and 600 MHz spectrum licenses that were held by the Seller Parties”
- Hawaii lease extension
- 99-year extension
From the filing for Hawaii lease extension
“entered into a 99-year extension of existing leases for the Buyer's exclusive use of certain wireless spectrum licenses in Hawaii”
- Buyer
- AT&T Mobility II LLC
From the filing for Buyer
“by and between the Seller Parties and AT&T Mobility II LLC, a Delaware limited liability company (the "Buyer"), a subsidiary of AT&T Inc”
- DISH DBS Notes repaid
- $2,000,000,000
From the filing for DISH DBS Notes repaid
“The total payment made on July 28, 2026 was comprised of $2,000,000,000 in aggregate principal amount along with accrued and unpaid interest through the date of repayment”
- Secured Notes redeemed
- approximately $3.686 billion
From the filing for Secured Notes redeemed
“the approximately $3.686 billion outstanding (inclusive of early redemption premium and accrued but unpaid interest) of the 11 3/4% Senior Secured Notes due November 15, 2027”
- Type A Claims reserve
- initial $200,000,000 segregated reserve
From the filing for Type A Claims reserve
“"Type A Claims" of $100,000 or less, funded from an initial $200,000,000 segregated reserve”
Why it mattersEchoStar transferred all of its 3.45 GHz and 600 MHz spectrum holdings to AT&T for $20,250,000,000 and used the closing to retire multiple DISH debt tranches. The deal removes those licenses from EchoStar's portfolio and funds a $2,400,000,000 creditor trust.
- Filed
- Jul 28, 2026
- Accepted
- 2026-07-28 20:14Z
- Period
- Jul 28, 2026
- Accession no.
- 0001415404-26-000035
- Size
- 13.0 MB
- Index
- Filing index