EchoStar cancels MDA Space contract after signing spectrum deal with SpaceX

News Room
By News Room 2 Min Read

BRAMPTON – MDA Space Ltd. says EchoStar Corp. is cancelling a contract announced earlier this year after it signed a deal to sell a package of spectrum licenses to Space X.

EchoStar announced a deal Monday to sell its AWS-4 and H-block spectrum licenses to SpaceX for about US$17 billion in cash and shares.

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