FCC Ends EchoStar Probe in Light of AT&T, SpaceX Airwave Sales

The Federal Communications Commission lifted a regulatory cloud hanging over EchoStar Corp. on Monday after the company earlier announced it’s selling $17 billion worth of wireless spectrum to SpaceX.

FCC Chairman Brendan Carr said the commission would no longer be examining whether EchoStar had met milestones for building out its mobile network, according to a letter he wrote to EchoStar Chairman Charlie Ergen. Carr said the company’s required buildout and related obligations had been satisfied.

“I have appreciated your responses, engagement, and information provided since my original letter,” Carr wrote. “Accordingly, I have asked FCC staff to bring ...