In the high-stakes world of U.S. telecommunications, where spectrum is the lifeblood of 5G networks, Verizon Communications is reportedly circling a prime target: EchoStar's prized AWS-3 wireless spectrum licenses. If the deal materializes, it could mark a multi-billion-dollar coup, supercharging Verizon's capacity to deliver blazing-fast 5G services amid fierce rivalry from AT&T and T-Mobile. But what's driving this potential acquisition, and what ripples could it send through the industry? Let's dive deep into the details. The Deal at a Glance Whispers from Bloomberg sources paint a picture of active negotiations between Verizon and EchoStar, focusing on the sale of AWS-3 midband spectrum assets. These talks, described as private and ongoing, emerged just days ago, sending EchoStar's stock soaring in after-hours trading—up as much as 15% on the news. The AWS-3 licenses in question boast a carrying value of nearly $10 billion on EchoStar's books, per rec...