Verizon finalised the purchase of spectrum licences from the infrastructure company comprised of the remnants of UScellular not included in the sale of the bulk of its wireless assets to T-Mobile US.

The buy from Array Digital Infrastructure signs-off a deal struck back in October 2024. It was cleared by the US Federal Communications Commission on 14 May 2026.

Approving the deal the regulator endorsed Verizon’s view the buy would help the operator provide “a better overall experience to its customers” including by enhancing rural and indoor coverage in the parts of the country the assets cover.

In addition to the sale to Verizon, Array divested $168 million of assets to T-Mobile last month and completed a $1 billion deal with AT&T for other spectrum licences in January 2026.

Array noted the latest moves “further the objective” announced in May 2024 “to opportunistically monetise remaining spectrum following the sale of the T-Mobile wireless operation”.

Its president and CEO Anthony Carlson said the company had made “significant progress in our spectrum monetisation efforts and are pleased with the value realised in this sale”.

Array owns and operates shared wireless communications infrastructure in the US, including more 4,400 cell towers across the country.

In December, the company inked a partnership with Verizon which saw the latter sign-up to use its towers to strengthen its 5G network.

The post Verizon completes $1B spectrum buy appeared first on Mobile World Live.

EchoStar elected to defer approximately $183 million in cash interest payments due on debt held by its Dish DBS Corporation subsidiary, citing a preference to conserve liquidity while it awaits the closing of its spectrum deal with AT&T.

According to a statement, the missed payments span three tranches of Dish DBS notes: around $72.2 million on 5.25% secured notes due 2026, $71.9 million on 5.75% secured notes due 2028 and $38.4 million on 5.125% unsecured notes due 2029.

The company stated it skipped the payments deliberately to preserve cash while it waits for the AT&T deal to close, implying it does not intend to make the payments within the grace period.

The notes were part of the broader debt load accumulated by Dish Network over years of spectrum acquisitions and satellite operations, debt which became central to EchoStar’s financial stress and its motivation to complete the $23 billion AT&T deal.

Under the terms of the relevant indentures, the non-payment is classed as a default, though EchoStar has a 30-day grace period before it formally constitutes an event of default.

EchoStar said both the Federal Communications Commission (FCC) and the US Department of Justice granted regulatory approval for the AT&T transaction, though the FCC’s sign-off is not yet final. The company noted the closing remains subject to the satisfaction or waiver of additional conditions.

The deal, announced in August 2025, will generate net proceeds of $20.25 billion according to EchoStar’s filing, reflecting adjustments and transaction costs applied to the gross figure.

The post EchoStar skips $183M payment amid AT&T deal wait appeared first on Mobile World Live.

Paleontologists have identified a new species of the axolotl genus Ambystoma from several fossilized specimens found deep in the rocky outcrops of the Mexican state of Hidalgo.

The post New Species of Fossil Axolotl Unearthed in Mexico appeared first on Sci.News: Breaking Science News.