EchoStar stock surges 80% on $23 billion AT&T wireless spectrum deal
EchoStar stock roared more than 80% higher on Tuesday after AT&T said it agreed to purchase certain wireless spectrum licenses from the telecom company for about $23 billion in an all-cash deal. The sale will add about 50 megahertz of mid-band and low-band spectrum to AT&T’s network, with the licenses covering more than 400 markets…