AT&T Buys EchoStar Spectrum, Tightening Carrier Grip
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
AT&Ts $23 billion acquisition of EchoStars wireless spectrum could bolster its 5G network but potentially stifle competition in the U.S. cellphone market. The deal, which includes Boost Mobiles seven million customers, has raised concerns among lawmakers and consumer advocates about increased bills and limited options. Cable companies like Comcast and Charter advocate for shared network access to offer cheaper bundled plans, but AT&T resists. The outcome of this deal could determine whether more competition emerges or if the big three carriers further dominate the market.
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