FCC

Supreme Court to Weigh FCC Power to Fine in New Regulatory Clash

Life Insurance /
Supreme Court to Weigh FCC Power to Fine in New Regulatory Clash

The US Supreme Court will consider invalidating the Federal Communications Commission’s system for imposing financial penalties in a clash that could put fresh limits on the power of federal regulators. The justices said Friday they will hear contentions from AT&T Inc. and Verizon Communications Inc. that they were deprived of their constitutional right to a […]

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EchoStar Stock Soars 70% as It Sells Spectrum to AT&T for $23B Amid FCC Pressure

Personal Finance /
EchoStar Stock Soars 70% as It Sells Spectrum to AT&T for $23B Amid FCC Pressure

Key Takeaways DISH TV operator EchoStar announced the sale of low- and mid-band spectrum allocations to AT&T for $23 billion. The two firms also agreed to change their earlier network services deal to create a hybrid mobile operator relationship. EchoStar said the transaction resolves issues with federal regulators, who have been investigating whether it was

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