thenewsbit.com

Blog

  • Asia Cup thriller today: India vs UAE – watch live in IST

    Asia Cup thriller today: India vs UAE – watch live in IST

    The Asia Cup 2025 is in full swing, and today India faces UAE in a highly anticipated group stage clash. Fans across the continent are eagerly waiting for this encounter as India looks to maintain its unbeaten streak in the tournament, while UAE aims to create an upset against the cricketing giants.

    India, led by its experienced captain, has displayed dominant performances in the earlier matches, relying on both seasoned players and young talent. On the other hand, UAE has shown resilience in their previous games, making them a challenging opponent despite the odds.

    Match Timing and Venue
    For cricket enthusiasts in India, the India vs UAE match will start at:

    • Time: 7:00 PM IST
    • Date: Today (insert actual date)
    • Venue: (Insert stadium name, e.g., Sharjah Cricket Stadium, UAE)

    It’s important for fans to note the time zone difference if they are watching from abroad. In IST, the match starts at 7:00 PM, while local UAE time is slightly different.

    Live Streaming and TV Broadcast Details
    Television Broadcast
    Fans in India can watch India vs UAE live on Star Sports channels. Star Sports 1 and Star Sports 2 will provide live coverage with expert commentary, pre-match analysis, and post-match insights.

    Online Live Streaming
    For online viewers, platforms like Disney+ Hotstar will stream the match live, providing a seamless experience with HD streaming, multiple camera angles, and live scores. Users can also follow updates via official cricket apps, including ICC’s live score app and team-specific updates.

    Team News and Key Players
    India Team Highlights
    India enters the match with a strong batting lineup, including powerhouse hitters and technically sound middle-order batsmen. The bowling department features experienced pacers and versatile spinners ready to exploit pitch conditions. Key players to watch:

    • (Insert star batsmen, e.g., Virat Kohli, Rohit Sharma)
    • (Insert key bowlers, e.g., Jasprit Bumrah, Yuzvendra Chahal)

    UAE Team Highlights
    UAE will rely on a balanced squad, combining experience and young talent. Their key strength lies in aggressive batting in the middle overs and spin-friendly bowling options suitable for local pitches. Key players:

    • (Insert UAE captain and star players)

    Asia Cup 2025 Points Table Impact
    The outcome of the India vs UAE match is crucial for the group stage standings. A win for India will solidify their position as group leaders and enhance their chances of direct qualification to the semifinals. UAE, seeking their first major win in the tournament, will look to upset the favorites and create a memorable performance.

    How to Watch: Step-by-Step Guide

    1. TV Broadcast: Tune in to Star Sports 1 or Star Sports 2.
    2. Live Streaming: Log in to Disney+ Hotstar with a subscription.
    3. Live Score Updates: Follow ICC Cricket app or official team pages.
    4. Social Media Updates: Check Twitter, Instagram, and Facebook handles for live commentary and highlights.

    Conclusion
    Today’s Asia Cup 2025 clash between India and UAE promises thrilling cricket action. With India aiming to maintain dominance and UAE hungry for an upset, fans can expect a competitive, edge-of-the-seat match. Whether you’re watching on TV or streaming online, make sure to tune in at 7:00 PM IST to catch every boundary, wicket, and moment live!
    The NewsBit Bureau

  • Meta, TikTok score legal win against EU fee

    Meta, TikTok score legal win against EU fee

    Meta Platforms and TikTok on Wednesday won a legal challenge to the way EU regulators calculated a supervisory fee imposed on them under landmark tech rules, but will receive no money back while officials reformulate the levy.

    Meta and ByteDance’s TikTok sued the European Commission after they were hit with a supervisory fee of 0.05% of their annual worldwide net income to cover the EU executive’s cost of monitoring their compliance with the Digital Services Act.

    The size of the annual fee is tied to the number of average monthly active users for each company and whether each posts a profit or loss in the preceding financial year. The two companies said the methodology was flawed, resulting in disproportionate fees.

    The Luxembourg-based General Court sided with Meta and TikTok, giving European Union regulators 12 months to fix their methodology using a different legal act.

    “That methodology… should have been adopted not in the context of implementing decisions but in a delegated act, in accordance with the rules laid down in the DSA,” judges said.

    They said regulators need not repay the 2023 fees paid by the companies for now, while they come up with a new legal basis for the methodology used to determine the size of the fee.

    The Commission said the court had confirmed that its fee methodology is sound and sees no issue with the principle of the fee nor the amount.
    “The Court’s ruling requires a purely formal correction on the procedure. We now have 12 months to adopt a delegated act to formalise the fee calculation and adopt new implementing decisions,” a Commission spokesperson said.

    The DSA, which entered into force in November 2022, requires very large online platforms to do more to tackle illegal and harmful content on their sites or risk fines as much as 6% of their annual global turnover.

    Other companies required to pay the supervisory fee include Amazon, Apple, Booking.com, Google, Microsoft, Elon Musk’s X social media platform, Snapchat and Pinterest. Reuters

  • Nepal Telecom urges peace amid protests

    Nepal Telecom urges peace amid protests

    Nepal Telecom (NTC) has released a statement after some of its offices came under attack during the Gen Z protests on September 09, 2025. Protesters in some cities, including in Kathmandu, Pokhara, Birgunj, etc. have pelted stones and tried to enter and vandalize the company’s offices. This has led to service disruptions in some places.

    Releasing a notice, the company has issued a sincere appeal to protesters not to target the company’s offices and infrastructure. The company said, “It’s known that Nepal Telecom is committed to Nepal’s telecommunications development and expansion. And it’s also a common property of the citizens.” Therefore, it called on protesters to remain restrained and not attack its infrastructure.

    “The company provides public services even during extreme emergencies. And its physical properties are the properties of the people too,” the company added. It’s requested that people conserve the company as it’s a part of public property.

    Ntc service disruptions amidst Gen Z protests
    As of writing this article, I must share that I was out of Ntc data service for hours. I could see the signals on my phone; however, the data service was out for about 3 hours. It has just started working again. Communications service is extremely important, and they are part of the public service.Best smartphone.

    It’s also not the ethos of the Gen Z demonstrations to target infrastructures of public services. We urge everyone to keep restraint and think constructively for the next moves that will de-escalate the situation and work towards good governance of the country. Nepali Telecom

  • iPhone 17 set to drive Apple sales in India

    iPhone 17 set to drive Apple sales in India

    Apple unveiled four new iPhones and four new wearables under its Watch and AirPods lineups, keeping its overall prices largely unchanged despite a billion-dollar hit from US President Donald Trump’s trade tariffs.

    For 2025, Apple raised the base price of its newest iPhone in India by a marginal 4% to ₹82,900, its first hike in years. Analysts expect its new portfolio to boost the company’s sales in India in the upcoming festival season with double-digit growth, driven by the new iPhone Air, a new design on the iPhone 17 Pro that may beckon loyalists, and older devices already discounted across retailers.

    Wall Street, however, was not too excited by Apple’s newest offerings, with many flagging yet another largely incremental upgrade and no clear direction ahead on artificial intelligence. After the announcements, Apple’s shares fell 2.2% from the day’s high on the Nasdaq stock exchange, and a further 0.2% in after-market trading, before recovering marginally.

    Apple’s annual iPhone event is one of the most-watched consumer technology launches globally. The company is the world’s third-largest overall enterprise with a market cap of $3.5 trillion, and generates nearly $400 billion in annual revenue—almost half of it driven by iPhone sales around the world. India, on this note, has emerged as a key geography for Apple, both in terms of manufacturing and sales.

    Poised for festivities
    In India, while the base pricing is higher than before, it is lower than what Apple charged for the same storage variant of a new iPhone last year. Further, analysts noted that the ‘live translate’ feature on its new earphones–AirPods Pro 3 (priced ₹25,900)–could make for a strong selling point, thus giving the company solid ground as the much-anticipated festival season kicks off in India. All the new devices can be pre-ordered right away and purchased from stores starting next Friday, 19 September.

    “Apple appears well-positioned for a strong festive season in India. The iPhone Air marks a significant design innovation, likely to attract upgrades from loyalists of older models, including iPhone 12 through 15,” said Prabhu Ram, vice-president of industry intelligence at market researcher CyberMedia (CMR).

    The iPhone Air, touted as the first new hardware design for smartphones in five years, starts at ₹1.2 lakh in India. This, however, is exactly why analysts are bullish on Apple’s India potential with the new devices.

    Tarun Pathak, director and partner at fellow market researcher Counterpoint, said that Apple, with its current lineup, “is likely to see one of its best festive seasons in India, with year-on-year sales growth likely to be in double digits.”

    “The marginally higher prices are unlikely to dent sales, because most buyers in India opt for financing options, in which the additional amount gets nearly negated. Plus, there will now be demand for finding heavily-discounted deals on the iPhone 15 and iPhone 16 across retailers, which is typical of Indian buyer behaviour, and is likely to drive higher sales with one of the widest portfolios of devices from Apple in India. In fact, we’re seeing higher sales for Apple than last year already, in the early weeks of the festive period,” Pathak further added.

    To be sure, Apple now officially sells iPhone 16e from ₹59,900, iPhone 16 from ₹69,900, and the four new iPhone 17 variants—standard, Air, Pro ( ₹1.35 lakh onward) and Pro Max ( ₹1.5 lakh onward). Third-party retailers are also selling the iPhone 15 in India.

    Absorbing tariffs, for now
    India has emerged as one of Apple’s biggest growth markets recently, with chief executive Tim Cook citing quarterly record revenue in India over the last three years.

    Apple’s sales have continued to jump over 20% annually every year since 2019, and are expected to surpass 15 million units this calendar year. With that, the company is likely to cement its lead share in revenue from India’s $45-billion smartphone market.

    The iPhone maker accounts for about 8% of India’s smartphone market by volume of devices sold and just over 20% by market revenue, as per IDC data.

    Apple has opened two more physical retail stores in India after Mumbai, with outlets in Bengaluru and Pune drawing over 5,000 people each on opening days.

    In terms of manufacturing, Apple is doubling its India production capacity—primarily to serve the US market, its largest by volume globally. This move sparked further tariff warnings from Trump, with Cook stating last quarter that the company’s tariffs-linked costs increased by $800 million, and operating margin declined 60 basis points as a result.

    Apple projected a tariff impact of $1.1 billion for this quarter. However, the management has not indicated any price hike due to Apple’s higher import duty costs. Tuesday’s launch, too, kept prices level.

    On the other hand, excitement around the iPhone—the single-most selling smartphone globally—remains high in India as affordability increases and financing options become available easily. “From a market perspective, the under-penetrated upgrade pool highlights considerable growth potential for Apple if it can convert interest into sales,” CMR’s Ram added.

    Counterpoint’s Pathak also said that while Apple did not speak much about its generative AI efforts, this was “largely in line with expectations,” and is “unlikely to lead to any major disappointment.” LiveMint

  • Sahajanand Medical submits DRHP for IPO with SEBI

    Sahajanand Medical submits DRHP for IPO with SEBI

    The Indian stock market is abuzz with anticipation as Sahajanand Medical Technologies, a prominent player in the medical devices sector and a favorite among ace investor Ashish Kacholia, has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). This significant move signals the company’s intent to go public and raise substantial funds, marking a potentially transformative chapter for the Ahmedabad-based firm. The upcoming Sahajanand Medical Technologies IPO is poised to be one of the most closely watched Indian IPOs in recent times, especially given its strong backing and its strategic position within the rapidly expanding medical devices market in India.

    Ashish Kacholia’s Strategic Investment in Medical Devices
    Renowned investor Ashish Kacholia, known for his keen eye for identifying high-growth potential companies in the small and mid-cap space, has a significant stake in Sahajanand Medical Technologies. His endorsement lends considerable weight to the company’s prospects and has already generated considerable interest from the investment community. Kacholia’s philosophy often centers on backing businesses with robust fundamentals, strong management teams, and a clear path to market leadership. Sahajanand Medical Technologies, with its innovative product portfolio and ambitious expansion plans, appears to fit this mold perfectly. Investors are keenly observing Ashish Kacholia’s portfolio for insights, and this IPO news is a major development for his followers.

    Sahajanand Medical Technologies: A Pioneer in Cardiovascular Solutions
    Founded in 2004, Sahajanand Medical Technologies has carved a niche for itself as a leading manufacturer of cardiovascular devices, particularly in the critical area of cardiac stents. The company is recognized for its vertically integrated business model, which encompasses research and development, manufacturing, and marketing of a diverse range of medical equipment. Their product suite includes:

    • Drug-Eluting Stents (DES): Essential for preventing re-narrowing of arteries after angioplasty.
    • Balloons and Catheters: Key tools for minimally invasive procedures.
    • Other Interventional Cardiology Devices: Addressing a broad spectrum of cardiovascular interventions.

    The Sahajanand Medical Technologies business model emphasizes innovation and quality, aiming to provide cost-effective and advanced treatment options for patients. This focus on critical healthcare needs positions them favorably in a market driven by increasing healthcare expenditure and a growing demand for sophisticated medical solutions.

    The Purpose of the IPO: Fueling Expansion and Innovation
    The funds raised through the upcoming IPO will be strategically deployed to fuel Sahajanand Medical Technologies’ growth trajectory. While the exact issue size and price band are yet to be determined, the DRHP filing indicates a clear intention to capitalize on market opportunities. Key objectives for fund utilization are expected to include:

    • Capacity Expansion: Scaling up manufacturing facilities to meet growing domestic and international demand.
    • Research and Development (R&D): Investing in the development of next-generation medical devices and innovative technologies.
    • Market Penetration: Strengthening their presence in existing markets and exploring new geographical territories.
    • Working Capital Requirements: Ensuring smooth operational flow and supporting day-to-day business activities.

    This fundraising initiative underscores the company’s ambition to solidify its leadership position in the Indian medical devices sector and expand its global footprint.

    Navigating the Indian Medical Devices Landscape
    The Indian medical devices market is experiencing a significant upswing, driven by several key factors:

    • Increasing Healthcare Spend: Government initiatives and rising disposable incomes are leading to higher healthcare expenditures.
    • Growing Patient Demographics: A large and aging population necessitates greater access to advanced medical treatments.
    • Government Support: Initiatives like “Make in India” and Production Linked Incentive (PLI) schemes are encouraging domestic manufacturing.
    • Technological Advancements: The adoption of cutting-edge technologies is enhancing the efficacy and accessibility of medical devices.

    Sahajanand Medical Technologies is well-positioned to capitalize on these trends. Their expertise in cardiovascular devices, coupled with their focus on indigenous manufacturing, aligns perfectly with the nation’s healthcare goals. The medical technology industry in India is ripe for growth, and companies like Sahajanand are at the forefront of this revolution.

    Key Strengths and Competitive Advantages
    Sahajanand Medical Technologies boasts several strengths that are likely to appeal to potential investors in the upcoming IPO:

    • Strong Product Portfolio: A comprehensive range of high-quality cardiovascular devices.
    • Vertical Integration: Control over the entire value chain from R&D to manufacturing.
    • Established Distribution Network: A robust presence in both domestic and international markets.
    • Experienced Management Team: Led by seasoned professionals with deep industry knowledge.
    • Favorable Market Dynamics: Operating in a high-growth sector with increasing demand.
    • Investor Confidence: Backing from prominent investors like Ashish Kacholia.

    These factors contribute to a compelling investment thesis for the Sahajanand Medical Technologies share sale.

    The IPO Process and What Investors Should Watch For
    The filing of the DRHP is the first step in the IPO process. This document provides a detailed overview of the company’s financials, business operations, risks, and management. Following SEBI’s review and approval, Sahajanand Medical Technologies will proceed with the Red Herring Prospectus (RHP), which will contain the final details of the issue, including the IPO price band and the offer for sale (OFS) details.

    Investors considering the Sahajanand Medical Technologies IPO should pay close attention to:

    • Valuation: The IPO valuation will be a critical factor in determining investment attractiveness.
    • Financial Performance: Analyzing the company’s revenue growth, profitability, and debt levels.
    • Competitive Landscape: Understanding how Sahajanand stacks up against its peers in the medical devices market.
    • Regulatory Environment: Keeping abreast of any policy changes that might impact the healthcare sector.
    • Post-IPO Performance: Observing the company’s execution strategy and market reception after listing.

    The Sahajanand Medical Technologies IPO date is eagerly awaited, and the market will be scrutinizing every detail as it unfolds.

    Expert Opinions and Market Sentiment
    Industry analysts and market observers are cautiously optimistic about the Sahajanand Medical Technologies IPO. The company’s strong fundamentals and the inherent growth potential of the medical devices sector are seen as significant positives. However, as with any new IPO, there will be a degree of scrutiny regarding its valuation and the broader market sentiment.

    “Sahajanand Medical Technologies is a well-established player in a crucial segment of healthcare,” commented a market analyst. “Their focus on innovation and their expansion plans, coupled with Ashish Kacholia’s endorsement, makes this an IPO to watch closely. We will be looking at the pricing and the company’s roadmap for growth post-listing.”

    The stock market is always looking for quality companies with a clear growth story, and Sahajanand Medical Technologies appears to fit the bill. The success of this public offering could pave the way for other promising companies in the healthcare and medical technology space to tap the public markets.

    Conclusion: A Promising Future for Sahajanand Medical Technologies
    The impending Sahajanand Medical Technologies IPO marks a significant milestone for the company and a potential opportunity for investors seeking exposure to India’s burgeoning healthcare sector. With its strong product portfolio, robust manufacturing capabilities, and the strategic backing of Ashish Kacholia, Sahajanand is poised for substantial growth. As the company navigates the IPO process, the market will be keenly observing its progress, anticipating the debut of another promising Indian entity on the stock exchanges. The IPO announcement has certainly injected a dose of excitement into the Indian stock market, and many will be holding their breath for the official launch.

    Keywords: Sahajanand Medical Technologies IPO, Ashish Kacholia, Indian IPOs, Medical Devices Market India, Cardiac Stents, IPO News, IPO Filing, DRHP, SEBI, Medical Technology Industry India, IPO Valuation, Fund Raising, IPO Price Band, Indian Stock Market, IPO Process, Public Offering, Upcoming IPO. Data Insights Market

  • Women’s health gets AI support in MP

    Women’s health gets AI support in MP

    In a pioneering move to enhance public healthcare accessibility, the Government of Madhya Pradesh is set to launch SUMAN SAKHI, an AI-powered chatbot aimed at providing vital health information to women—especially during pregnancy—through digital platforms.

    Developed under the leadership of the National Health Mission (NHM), Madhya Pradesh, in collaboration with the Madhya Pradesh State Electronics Development Corporation (MPSeDC) under the Department of Science and Technology, this initiative represents a major step forward in citizen-centric digital governance.

    A virtual assistant for women’s health
    SUMAN SAKHI is designed to serve as a round-the-clock virtual assistant, empowering women with quick and reliable information about government healthcare services, maternal health, high-risk pregnancy factors, and key social welfare schemes. By offering these services in Hindi and operating 24/7, the chatbot is expected to bridge the information gap for beneficiaries across both urban and rural areas.

    “This chatbot is more than just a digital tool—it’s a lifeline for women who need accessible, timely, and accurate health information,” said an NHM official. “With SUMAN SAKHI, we aim to boost awareness, promote preventive healthcare, and ensure no woman is left behind when it comes to government health services.”

    Access via WhatsApp
    To maximise reach and usability, the chatbot will be accessible via WhatsApp, India’s most widely used messaging platform. This approach ensures that even those with basic smartphones can access services without the need for separate apps or complicated platforms.

    Phased rollout with focus on maternal health
    The launch will occur in phases, starting with sectors experiencing the highest demand—such as maternal and reproductive healthcare. Over time, the chatbot’s scope will expand to cover other flagship health and welfare schemes, further strengthening the state’s digital service delivery ecosystem.

    Strengthening governance and transparency
    Officials stated that the initiative is part of a broader vision to improve service delivery, enhance transparency, and build public trust in health governance. By using AI to interact directly with citizens, the government hopes to not only increase service uptake but also reduce dependency on intermediaries.

    “This is a major leap in leveraging technology to support inclusive governance,” added a spokesperson from MPSeDC. “We’re using digital tools to ensure that every woman in Madhya Pradesh can access health information when she needs it most.”

    As SUMAN SAKHI gears up for launch, it reflects Madhya Pradesh’s growing emphasis on digital innovation, women’s health, and public service transformation. With its user-friendly interface, local language support, and focus on priority sectors, the chatbot is poised to become a model for other Indian states seeking to integrate AI into public healthcare delivery. IndiaTV News

  • Neuralink implants reach 12 patients worldwide

    Neuralink implants reach 12 patients worldwide

    Elon Musk’s brain implant company Neuralink said on Tuesday that 12 people worldwide have received its chips.

    This marks an increase from a prior announcement in June, when its partner Barrow Neurological Institute said, opens new tab that seven individuals with severe paralysis had received Neuralink’s implants and were using them to control digital and physical tools through thought.

    Collectively, the patients have had their devices for 2,000 days and accumulated over 15,000 hours of use, Neuralink said on messaging platform X, formerly known as Twitter, on Tuesday.

    In July, Neuralink said it will launch a clinical study in Great Britain to test its chips, partnering with University College London Hospitals and Newcastle Hospitals to conduct the research.

    The company secured $650 million in a funding round in June.

    Neuralink began human trials in 2024 on its brain implant after addressing safety concerns raised by the U.S. Food and Drug Administration, which had initially rejected its application in 2022. Reuters

  • AIIMS Kashmir: Healthcare expansion by 2026

    AIIMS Kashmir: Healthcare expansion by 2026

    Abdullah, who visited the AIIMS site along with health and education minister Sakina Ittoo, said after initial delays in execution of the project, the pace of work has picked up, and the institute is expected to be functional by November next year.

    “The director and the CPWD (officials), who are supervising the works, have assured me that the OPD will be started in March-April next year, which will be followed by starting classes. The IPD (In-Patient Department) is expected to be functional by November- December,” the chief minister told reporters.

    Asked about the delay in the project, Abdullah said the location for the hospital was identified after taking into account various factors, including Army’s concerns.

    “It was not checked whether the site is fit for a hospital. Then there were concerns from the Army about the project. So the detailed project report had to be prepared afresh, and those (Army) concerns were addressed. One year was lost in that.

    “However, now the project work has picked up pace and it will be completed soon,” Abdullah added. PTI

  • AI Networks boost InfiniBand, but Ethernet holds market lead

    AI Networks boost InfiniBand, but Ethernet holds market lead

    InfiniBand switch sales in AI back-end networks surged in 2Q 2025. Nevertheless, Ethernet maintains the lead, an outstanding achievement for a technology that comprised only less than 20 percent of the market just two years ago, according to Dell’Oro.

    “The rapid ramp of NVIDIA’s Blackwell Ultra platform fueled strong demand for 800 Gbps InfiniBand switches, propelling a surge in InfiniBand switch sales in 2Q 2025,” said Sameh Boujelbene, Vice President at Dell’Oro Group. “Nevertheless, Ethernet is still maintaining the lead, catapulted by the rapid adoption in some large AI clusters built by the hyperscalers as well as the new emerging Neo Cloud Service Providers,” added Boujelbene.

    Additional highlights from the 2Q 2025 Data Center Switch – AI Back-end Networks Quarterly Report:

    • Celestica, Nvidia and Arista led the Ethernet segment, collectively comprising nearly two-thirds of the Ethernet sales in the market.
    • 800 Gbps switches comprised the bulk of the Ethernet switch shipments and revenues in AI back-end networks during the quarter.

    Dell’Oro

  • EchoStar 5G probe ends as FCC approves AT&T, SpaceX deals

    EchoStar 5G probe ends as FCC approves AT&T, SpaceX deals

    The U.S. Federal Communications Commission will terminate its investigation into EchoStar’s 5G buildout obligations in the country, according to a letter from the agency’s chair.

    The expected move follows EchoStar’s $17 billion deal to sell wireless spectrum to billionaire Elon Musk’s SpaceX and two weeks after it announced a $23 billion spectrum sale to AT&T.

    FCC Chair Brendan Carr wrote in a letter to EchoStar Chair Charles Ergen on Monday that he had asked the agency staff to close the investigation and conclude that EchoStar has satisfied its buildout obligations.

    Carr told reporters Tuesday the deal could be a “potential game changer for the American consumer.”

    He said it promises to free up new spectrum and bring new sources of competition to the wireless market, noting EchoStar’s Boost Mobile brand has lost 2 million consumers in recent years.

    Carr said he did not think Boost was putting much competitive pressure on the wireless market.

    “I think that status quo wasn’t working,” Carr said. “We have a chance now to do something different… I think you can make a case that this is much more competitive.”

    Carr told EchoStar in May that the FCC was investigating the company’s compliance obligations to provide 5G service in the United States, questioning EchoStar’s buildout extension and mobile-satellite service.

    Carr said he also directed the staff to confirm EchoStar’s exclusive rights to a key spectrum block for ground and satellite use.

    EchoStar, co-founded by telecommunications entrepreneur Ergen, faced the probe over slow deployment of 5G services.

    SpaceX had also asked the FCC to review EchoStar’s spectrum holdings, saying the telecommunications company might be “warehousing” valuable spectrum, which is not used to provide services.

    The transactions with AT&T and SpaceX are still subject to FCC approval.

    In June, President Donald Trump prodded EchoStar, parent of Dish TV, and Carr to reach a deal over the fate of the company’s wireless spectrum licenses.

    U.S. satellite TV provider DirecTV terminated its agreement to acquire EchoStar’s satellite television business last year, which includes rival Dish TV, over a failed debt-exchange offer. Reuters