Analysts Don Kellogg and Roger Entner discuss the pending sale of EchoStar's spectrum assets, who stands to benefit, and the role of regulators in shaping the market.

*Note: This episode was recorded 9/5/2025 before the SpaceX acquisition of EchoStar's spectrum assets on 9/8/2025.

00:00 Episode intro

00:25 The sale of AWS-4

02:03 Who will buy AWS-3 and 700 MHz?

03:54 Dish's path forward depends on regulators

05:30 Fourth-largest operators traditionally struggle

07:54 MMOs vs. MVNOs

08:39 A failing venture can be a success

10:28 Will spectrum go to good use?

10:49 Episode wrap-up

Tags: telecom, telecommunications, wireless, prepaid, postpaid, cellular phone, Don Kellogg, Roger Entner, Dish, EchoStar, AT&T, AWS-4, Elon Musk, Charlie Ergen, Starlink, FCC, AWS-3, 700 MHz, Verizon, spectrum, T-Mobile, satellite, MVNO, Peter Adderton, Rakuten, network, MMO