Acquiring Company
CONX
Acquired Company
MobileX
Description
Charlie Ergen's SPAC, CONX, has agreed to acquire a controlling stake in MobileX for $200 million. The deal is pending regulatory approval and values MobileX at approximately $200 million. Peter Adderton will continue as CEO of MobileX post-acquisition. This move aims to reshape the struggling wireless business under EchoStar's leadership.
Quick answer
CONX is acquiring MobileX, announced August 14, 2026. CONX is based in Littleton, Colorado, United States.
- How much did CONX pay for MobileX?
- The deal value was not disclosed.
- What does CONX do?
- CONX Corp. is a Nevada-based company that operates in the telecommunications sector.
- Where are CONX and MobileX based?
- CONX is based in Littleton, Colorado, United States. MobileX is based in Irvine, California, United States.
- Who are the decision-makers at CONX?
- Fundz holds 2 contacts at CONX. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at CONX, and when
When CONX changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day CONX raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CONX, from your own LinkedIn network
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Related People
Frequently asked
Who acquired MobileX?
MobileX was acquired by CONX, based in Littleton. The deal was reported on August 14, 2026. CONX Corp. is a Nevada-based company that operates in the telecommunications sector. The company focuses on providing advanced broadcasting solutions. It aims to deliver innovative technologies to enhance communication. CONX is privately held.
When did CONX acquire MobileX?
CONX's acquisition of MobileX was reported on August 14, 2026. Charlie Ergen's SPAC, CONX, has agreed to acquire a controlling stake in MobileX for $200 million. The deal is pending regulatory approval and values MobileX at approximately $200 million. Peter Adderton will continue as CEO of MobileX post-acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MobileX do?
Headquartered in Orange County, MobileX is the world's most customizable mobile carrier delivering the ultimate in choice and cost control. It is privately held, operating in Hardware, and is based in Irvine.
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