EchoStar, having recently merged with Dish Network, has upset some investors and creditors in Dish. An Ad-hoc grouping of Dish Network investors and holders of the company’s debt have reportedly met and drafted an agreement to band together in potential negotiations with the company. The groups are exploring legal options, including default notices under certain […]
Having already announced in November 2023 that 499 staff would be let go, newly merged EchoStar is laying off another 157 workers. The staff will be paid until March, said a company announcement. Dish Network and EchoStar, both based in suburbs of Denver, Colorado, merged on December 31st 2023. The news was filed to local […]
Charlie Ergen has been busy mapping out his chess-type strategy for his combined Dish Network and EchoStar businesses. Now trading under the ‘Dish’ banner, Ergen has spun off a batch of his terrestrial spectrum licences into a new subsidiary and this move helped rocket Dish’s share price by an impressive 41 per cent on January […]
The FCC has approved the transfer of control of Dish Network and its subsidiaries to EchoStar Corp. The FCC, and the bureaux under its supervision (the Office of Engineering & Technology, the Space Bureau, the Wireless Telecommunications) allowed the transfer of its broadcast and transmission licences. The FCC order includes those terrestrial licences for Dish’s […]
Denver-based DISH Network, reeling from a shrinking subscriber base and a collapsing share price, has announced that more than 500 staff are being laid off. “Like most businesses, we continually evaluate and make adjustments to ensure we’re set up for long-term success,” DISH said in a statement. “We made the difficult decision to part ways […]
DISH Network, the US pay-TV broadcaster, has reported revenue totaling $3.7 billion (€3.4bn) for the quarter ending September 30th 2023, compared to $4.1 billion for the corresponding period in 2022. Net loss attributable to DISH Network totaled $139 million for the third quarter 2023, compared to $412 million in net income earned in the year-ago […]
Bharti Airtel, the Indian telco, has announced that its video streaming service, Airtel Xstream Play, has crossed the five million paid subscriber mark and continues to be the fastest growing OTT aggregator in the country. Airtel Xstream Play offers a bouquet of OTT content aggregated on a single app. Customers have access to content from […]
DISH Wireless, in collaboration with Samsung and Qualcomm Technologies, has successfully completed simultaneous 5G 2x uplink and 4x downlink carrier aggregation (CA) for FDD spectrum. DISH achieved 200 Mbps uplink peak speeds with just 35 MHz of 5G spectrum and the DISH 5G network executed 1.3 Gbps downlink peak speeds with just 75 MHz of […]
A filing to the US Securities & Exchange Commission (SEC) by EchoStar, the sister business to Dish Network, has given a detailed forecast of what Dish Network expects its future to look like. The SEC filing comes about because of the plan to – in effect – merge EchoStar with Dish and confirms the financial […]
Charlie Ergen’s Dish Network has been fined by the FCC for not placing its EchoStar-7 craft in a correct ‘graveyard’ orbit. This is the first time that the FCC has penalised an operator under its space debris enforcement rules. The FCC says that Dish/EchoStar had “violated” its Communications Act. EchoStar 7 was launched in 2002 […]