President Donald Trump has intervened to urge EchoStar (SATS) and Federal Communications Commission Chairman Brendan Carr to resolve a dispute over the company’s valuable spectrum licenses, Bloomberg’s Kelcee Griffis and Stephanie Lai report.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SATS:
- EchoStar put volume heavy and directionally bearish
- Warner Bros. Discovery to split up, Qualcomm buying Alphawave Semi: Morning Buzz
- Morning Movers: Warner Bros. Discovery climbs after plans to separate
- EchoStar considers potential bankruptcy filing, WSJ reports
- Unusually active option classes on open June 4th