Trump urged EchoStar, FCC chair to cut a deal on spectrum -Bloomberg

FILE PHOTO: A satellite model is placed on EchoStar Satellite Services logo in this picture illustration taken April 4, 2022. REUTERS/Dado Ruvic/Illustration/File photo

WASHINGTON (Reuters) -President Donald Trump urged EchoStar Corp Chairman Charlie Ergen and Federal Communications Commission Chair Brendan Carr to reach a deal over the fate of the company's wireless spectrum licenses, Bloomberg reported on Friday.

EchoStar shares were up 52% in after-hours trading Friday on the report.