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The Latest Breaking News from EchoStar

EchoStar Is Surging on a $23 Billion Wireless Deal. Should You Buy SATS Stock Here?

EchoStar stock skyrockets after announcing a wireless spectrum licenses deal with AT&T. But SATS shares remain unattractive to own at current levels.

Barchart

EchoStar (SATS) Stock Soars Over 70% On $23 Billion AT&T Spectrum Deal

Shares of EchoStar Corp (NASDAQ:SATS) are skyrocketing Tuesday, climbing over 70% after the company announced a definitive agreement to sell a portfolio of its wireless spectrum licenses to ATT Inc (NYSE:T) in a $23 billion all-cash transaction.

Benzinga

AT&T Expands 5G Empire With $23 Billion EchoStar Spectrum Acquisition

EchoStar Corp. (NASDAQ:SATS) shares climbed on Tuesday after ATT Inc. (NYSE:T) revealed plans to purchase spectrum licenses worth $23 billion in an all-cash transaction.

Benzinga

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Elon Musk's Starlink-Powered T-Satellite Aims To End Dead Zones — But Expert Warns: 'This Will Bite T-Mobile' After 12-Month Deal Ends

T-Mobile US Inc.‘s (NASDAQ:TMUS) newly launched T-Satellite service, powered by Elon Musk's Starlink, could backfire on the telecom giant once a speculated 12-month exclusivity deal ends, highlights Peter Adderton, the founder of MobileX and Boost Mobile.

Benzinga

EchoStar Shares Surge After Interest Payments Avert Default, Trump Urges FCC Resolution

EchoStar Corporation (NASDAQ:SATS) shares are trading higher Friday after the company confirmed President Trump encouraged it and the FCC chair to reach a deal over its wireless spectrum licenses and a report that stated EchoStar is making delayed interest payments, averting default.

Benzinga

Trump Is Getting Involved in the EchoStar-FCC Fight. Should You Buy SATS Stock Now?

EchoStar stock is soaring as President Trump urges the company to cut a deal with the FCC. Deutsche Bank sees significant further upside in SATS shares to $42.

Barchart

DirecTV Terminates Dish Deal After Bondholders Reject Debt Swap Proposal

DirecTV has terminated its agreement to acquire Echostar following disagreement on debt exchange.

International Business Times

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DirecTV-Dish Merger In Jeopardy: Here's The Issue

Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds

International Business Times

Will DirecTV and Dish Finally Merge? 'It's Hard to Imagine That Regulators Would Block This Deal,' Analyst Says

But a lack of synergy between the two satellite TV units could render this deal, anticipated for decades, inconsequential, says one analyst

Broadcasting & Cable

Death Spiral? EchoStar’s Already-Hammered Stock Has Dropped 14% Since Friday’s Earnings Report

Analyst predicts satellite company will file for bankruptcy by the end of the year

Broadcasting & Cable

Dish and Sling TV Revenue Collapses, Down a Record 10% in Q2

This might be the other shoe dropping for Charlie Ergen’s near-bankrupt parent company, EchoStar

Multichannel News

EchoStar Loses 104K Pay TV Subs in Q2

Sub losses were better than the 294K lost in Q1, 2024 but revenue was down, losses widened and wireless subs declined

TV Tech

EchoStar Posts Q2 Loss as It Sheds 104,000 Pay TV Subscribers

Revenue falls 9%

Multichannel News

DoorDash and Monster Energy are among the 14 companies that cracked the Fortune 500 for the first time

The 14 newcomers in the Fortune 500 have a combined revenue of $144 billion, and the group includes institutions founded in the 19th century, the 20th century and the 21st century.

Fortune

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Broadcasting & Cable

Dish and Hughesnet Form Their First Ever Pay TV/Broadband Bundle

Seems like the two Charlie Ergen-led companies would have done this already before, right?

Multichannel News

Dish Network‘s Pay TV Business: ’A Melting Ice Cube … on a Hot Day’

With Sling TV subscribers dropping below 2 million for the first time in seven years, Dish’s pay TV engine can no longer keep the larger EchoStar enterprise afloat, analyst says

Multichannel News

EchoStar Loses 348,000 Pay TV Subs in 1st Quarter

Company reports loss of $107.4 million as revenue falls 9%

Broadcasting & Cable

Ergen’s EchoStar Concedes ‘Substantial Doubt’ About Its Future

With one analyst calling its debt situation ‘dire,’ the Dish Network parent company admits to the SEC there is doubt about its ability to continue as a ‘going concern’

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Multichannel News

EchoStar Posts $2.03 Billion Loss as Dish Network Loses 314,000 Pay TV Subs

Revenue for newly combined company falls 8%

Broadcasting & Cable

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

Equity analysts try to make sense of Dish/EchoStar chairman's latest ‘bewilderingly complicated’ strategery, fear ‘creditor-on-creditor violence’

TV Tech

EchoStar Completes Dish Merger

The completion reunites Charlie Ergen‘s empire and will strengthen the company’s 5G efforts

Multichannel News

Charlie Ergen Buys a Little Time as Dish-EchoStar Merger Closes

As he looks to keep building out his 5G wireless network, Ergen now has access to EchoStar’s $1.9 billion in cash and estimated $265 million in free cash. But it’s all just a 'drop in the bucket,’ analysts say

TV Tech

Hamid Akhavan Joins Dish As President, CEO

In August, it was first announced he would lead the combined Dish-Echostar business

Multichannel News

EchoStar Chief Hamid Akhavan Named CEO of Dish Network

Companies set to be combined by year-end

Broadcasting & Cable

Sling TV's Sub Base Hits Its Lowest Level in Nearly 6 Years, Dish Loses Ground vs. YouTube TV in the Race For Streaming Pay TV Scale

As for parent company Dish Network, who can worry about pay TV when you're a 5G wireless company looking to stay out of bankruptcy court?

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