Page 22 - SAMENA Trends - August-September 2025

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

AT&T to Acquire Spectrum Licenses from EchoStar

AT&T has agreed to purchase certain wireless spectrum licenses
from EchoStar for a total of approximately $23 billion, subject
to certain adjustments. AT&T and EchoStar have also agreed to
enhance their long-term wholesale network services agreement,
enabling EchoStar to operate as a hybrid mobile network operator
(MNO) providing wireless service under the Boost Mobile brand.
AT&T will be the primary network services partner to EchoStar
as it continues to serve wireless customers. “This acquisition
bolsters and expands our spectrum portfolio while enhancing
customers’ 5G wireless and home internet experience in even
more markets,” said John Stankey, Chairman and CEO, AT&T. “No
one brings wireless and fiber internet to more places or does it
better than AT&T – and we do it with the industry’s first and only
guarantee for both wireless and fiber. We’re adding fuel to our spectrum holdings. AT&T intends to begin deploying these mid-
winning strategy of investing in valuable wireless and broadband band licenses, which are compatible with its 5G network, as soon
assets to become America’s best connectivity provider.” AT&T as possible. The Company expects to support the deployment of
will acquire approximately 30 MHz of nationwide 3.45 GHz mid- these licenses, as well as the acquired low-band licenses, within the
band spectrum and approximately 20 MHz of nationwide 600 multi-year capital investment* guidance provided with its second
MHz low-band spectrum for approximately $23 billion in an all- quarter 2025 earnings release. Additionally, AT&T maintains the
cash transaction, subject to certain adjustments. These licenses fiber expansion targets it provided with its second quarter earnings
cover virtually every market across the U.S. – over 400 markets in release. The transaction is expected to close in mid-2026, subject
total – significantly strengthening AT&T’s low-band and mid-band to certain closing conditions, including regulatory approvals.

AT&T is Ranked #1 in Customer Satisfaction for Business Internet Service

AT&T once again demonstrates its
commitment to delivering reliable,
innovative, and customer-focused internet
solutions for businesses of all sizes. In
the J.D. Power 2025 Business Internet
Satisfaction Study, AT&T is ranked #1 in
Customer Satisfaction for Medium Business
and Large Enterprise Internet Service. This
recognition underscores AT&T’s leadership
in empowering businesses with the secure,
converged connectivity they need to thrive.
AT&T’s unmatched track record of awards
underscores the company’s position as an
industry leader. AT&T is the only brand to
be awarded 8 years in a row for Customer
Satisfaction with Large Enterprise Internet
Service, making it the most awarded
provider in this category according to
J.D. Power. Additionally, AT&T has earned and general manager, AT&T Business. “As which was invested primarily in our
recognition for Medium Business Internet technology evolves and transforms the networks which supports nearly 2.5 million
Service for 3 consecutive years, solidifying way businesses operate, we’re proud to businesses and government agencies
its position as a trusted partner for large provide the excellent connectivity that is globally with cutting-edge solutions that
and medium businesses. “Receiving this the backbone of every business, from start- enhance productivity and connectivity. With
recognition year after year is a testament ups to Fortune 500 companies.” With nearly a proven track record of excellence and a
to our reliable connectivity, secure network, 150 years of expertise, AT&T provides commitment to continuous improvement,
and experts who truly understand the reliable fiber and 5G networks designed for AT&T is proud to be the trusted choice for
unique needs of each business,” said decades of performance. In 2024 alone, businesses across the nation.
Melissa Arnoldi, executive vice president we had $22.1 billion in capital investment4

22 AUG-SEP 2025