Deals
EchoStar Shares Jump on Talks to Sell Spectrum to Verizon
EchoStar Corp. shares jumped after news that the satellite-TV company is engaged in talks to sell some of its wireless spectrum to Verizon Communications Inc.
The talks involve EchoStar’s AWS-3 licenses, valuable for carrying 5G wireless signals, according to people familiar with the situation, who asked to not be identified because the discussions are private.