{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6a13c15d-181a-4a2e-a662-739d0e7f731a/68e57cfb29045965870089a6?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Elon Musk and the end of a telecom tycoon’s dream","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/615edd9c0cb78d1a6bda37d9/1776246367788-6c55f093-d933-48f3-94e4-af66d6cb9ea0.jpeg?height=200","description":"<p>In recent weeks, satellite business EchoStar has clinched multibillion-dollar deals with SpaceX and AT&amp;T. It may sound like boom times for founder Charlie Ergen, but these deals illustrate something different: the abandoning of an ambitious, decades-long quest to build his own mobile phone network. The FT’s Wall Street editor Sujeet Indap and US trading and crypto correspondent Jill R Shah explain how Ergen’s fortunes changed, and the role Elon Musk and US President Donald Trump played in that.&nbsp;&nbsp;</p><p><br></p><p>Clips from CNBC, Reuters, Yahoo Finance, Echostar/Vimeo</p><p><br></p><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><p><br></p><p><strong>For further reading:</strong></p><p><a href=\"https://www.ft.com/content/4681fa28-eb14-4cd3-9c2c-f26fabdca3aa\" rel=\"noopener noreferrer\" target=\"_blank\">How a deal with Elon Musk helped a telecoms tycoon save his company from bankruptcy</a></p><p><a href=\"https://www.ft.com/content/da737bc5-49b0-46c5-b645-6af6b894fd9f\" rel=\"noopener noreferrer\" target=\"_blank\">Trump forces billionaire to fold</a></p><p><a href=\"https://www.ft.com/content/ac99dfd4-a774-11e2-9fbe-00144feabdc0\" rel=\"noopener noreferrer\" target=\"_blank\">Charlie Ergen: Media mogul at a Sprint</a></p><p><br></p><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><p><br></p><p>Behind the Money has been nominated for a Signal Award in the Money &amp; Finance category! It's a Listener Choice award, which means we need your help. Vote for us to win <a href=\"https://vote.signalaward.com/PublicVoting?utm_campaign=signal4_finalists_finalistnotification_092325&amp;utm_medium=email&amp;utm_source=cio#/2025/shows/genre/money-finance\" rel=\"noopener noreferrer\" target=\"_blank\">here</a>. We appreciate your support!</p><p><br></p><p>Follow Sujeet Indap on X (<a href=\"https://x.com/sindap?lang=en\" rel=\"noopener noreferrer\" target=\"_blank\">@sindap</a>), or on Bluesky (<a href=\"https://bsky.app/profile/sindap.bsky.social\" rel=\"noopener noreferrer\" target=\"_blank\">@sindap.bsky.social</a>). Follow Jill Shah on X (<a href=\"https://x.com/jillrshah?lang=en\" rel=\"noopener noreferrer\" target=\"_blank\">@jillrshah</a>).&nbsp;Michela Tindera is on X (<a href=\"https://twitter.com/mtindera07\" rel=\"noopener noreferrer\" target=\"_blank\">@mtindera07</a>) and Bluesky (<a href=\"https://bsky.app/profile/mtindera.ft.com\" rel=\"noopener noreferrer\" target=\"_blank\">@mtindera.ft.com</a>), or follow her on LinkedIn for updates about the show and more.</p><p><br></p><p><a href=\"https://www.ft.com/content/1a7af4eb-17c3-4256-b056-5c2d7901a4bf\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Read a transcript of this episode on FT.com</strong></a></p>","author_name":"Financial Times"}