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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Charlie Ergen Makes ‘Inscrutable’ Moves, Shields Parts of Dish Spectrum and Pay TV Biz From Existing Creditors

Charlie Ergen at Denver event.

After closing on his re-merger of Dish Network and EchoStar last week, company chairman Charlie Ergen outlined Wednesday a series of strategic asset shifts that shield certain spectrum assets, as well as the cash generated by about 3 million Dish pay TV subscribers, from existing creditors. 

Wednesday’s EchoStar press release said the moves “further unlock incremental strategic, financial and operating flexibility for its business following completion of its merger” with Dish Network.

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