<p><strong>EchoStar Corp</strong> (NASDAQ:SATS) shares are gaining Wednesday. Federal regulators cleared two large transactions that allow the company to transfer a significant block of its spectrum holdings to <strong>SpaceX </strong>and AT&amp;T. Here’s what you should know.</p>



<ul>
<li>EchoStar shares are powering higher. Why is SATS stock surging?</li>
</ul>



<p>The approval removes the final regulatory barrier and confirms that EchoStar can now complete both sales, which together represent more than $40 billion in deal value according to the FCC.</p>



<h2>FCC Approval Unlocks Two Large Spectrum Deals</h2>



<p>The FCC authorized EchoStar to sell roughly 65 megahertz of nationwide spectrum to SpaceX for use in Starlink's direct to device service. This gives SpaceX its first nationwide stretch of exclusive spectrum for smartphone connectivity from orbit, something that required formal approval before the deal could close.</p>



<p>EchoStar is also moving another 50 megahertz of spectrum to <strong>AT&amp;T Inc</strong> (NYSE:T), split between the 3.45 gigahertz band and the 600-megahertz band. AT&amp;T has already begun activating part of this spectrum, and the FCC noted that early deployment lifted 5G speeds across thousands of sites.</p>



<h2>What The Approval Means For EchoStar</h2>



<p>The FCC attached several conditions to the transactions, including strict buildout requirements for AT&amp;T, new flexibility for SpaceX to use the spectrum across satellite and ground networks, and a requirement that EchoStar establish a multibillion‑dollar escrow fund for potential claims.</p>



<p>With these conditions in place, the agency concluded that the transfers promote more efficient spectrum use and strengthen competition across wireless and satellite markets.</p>



<h2>EchoStar And The Trend That Refuses To Cool Off</h2>



<p>Technically, the stock is extended, but that’s often what leadership looks like before it turns into exhaustion. EchoStar is trading 6.8% above its 20-day SMA of $125.03, 11.8% above its 50-day SMA ($119.45) and 46.8% above its 200-day SMA ($91.00). That stacked moving-average structure typically signals buyers are still in control on pullbacks, even if the chart is starting to feel crowded.</p>



<p>Momentum is also leaning constructive. Using MACD as the primary lens, MACD is above its signal line and the histogram is positive, pointing to easing downside pressure versus the prior downswing. The longer-term trend argument got its stamp in July 2025 with a golden cross, and now price is pressing near the top of its 52-week range, with a high at $137.44. That sets up the next question traders actually care about: can the stock hold a breakout, or does it slip back into the prior consolidation zone when the adrenaline fades?</p>



<p>Here are some key levels: </p>



<ul>
<li><strong>Key Resistance</strong>: $137.50 — sitting right near the 52-week high area, where upside attempts can stall</li>



<li><strong>Key Support</strong>: $117.00 — a prior buyer-defense zone that also sits near the broader moving-average &#34;catch-up&#34; area</li>
</ul>



<h2>SATS Shares Are Trending Higher</h2>



<p><strong>SATS Price Action:</strong> EchoStar shares were up 3.05% at $133.32 at the time of publication on Wednesday. The stock is trading near its 52-week high of $137.44, according to Benzinga Pro.</p>



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<p><em>Image: photo_gonzo/Shutterstock.com</em></p>

SATS

<p>EchoStar Corp (NASDAQ: SATS) shares are rising after federal regulators approved spectrum transfers to SpaceX and AT&T, removing the final barrier for two significant transactions valued over $40 billion. The FCC authorized the sale of 65 megahertz of spectrum to SpaceX for its Starlink service and 50 megahertz to AT&T, enhancing 5G speeds. EchoStar's stock is currently trading near its 52-week high, with key resistance at $137.50 and support at $117.00. The stock is up 3.05% at $133.32 as of Wednesday.</p>

EchoStar Stock Is Trending Higher: What's Going On?