FCC approves SpaceX spectrum deal with $2.4 billion escrow condition

SpaceX has the FCC’s blessing to buy EchoStar spectrum to improve direct-to-device services in the United States, subject to a $2.4 billion escrow tied to disputes over the seller’s abandoned terrestrial 5G network buildout.

Source: https://spacenews.com/fcc-approves-spacex-spectrum-deal-with-2-4-billion-escrow-condition/