Key Takeaways President Donald Trump reportedly called on Dish Network parent EchoStar Chairman Charlie Ergen and FCC Chairman Brendan Carr to work out a deal on the satellite TV provider's spectrum.Bloomberg said the White House session came after the FCC launched an investigation into whether EchoStar was meeting its obligations for satellite

EchoStar’s stock was having its best day in 17 years after a report that President Trump has tried end the dispute between the company and the FCC.

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.