Following on from DISH Network’s miserable results on November 6th (and a 38 per cent crash in its already depressed share price to $3.44, a 25-year low) co-founder Charlie Ergen told analysts that the pay-TV broadcaster was failing fast. “Investors are starting to give up,” Ergen admitted. One immediate consequence is that DISH Network’s President […]
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 […]
EchoStar’s Mobile division and The Things Industries announced a collaboration to deploy hybrid satellite and LoRa Internet of Things (IoT) solutions to businesses across Europe. The companies have incorporated EchoStar’s satellite IoT capabilities into The Things Stack, a reliable, cloud-based LoRaWAN network server, enabling customers to connect IoT devices for real-time, two-way communications over satellite […]
EchoStar-owned Hughes Network Systems has won a 5-year contract from the US Space Force. Valued at up to $500 million it has a potential 5-year extension option. The contract will benefit OneWeb and EchoStar’s Lyra S-band system. Hughes has a distribution contract in place with OneWeb, itself just days away from merging with Eutelsat. The […]
Dish Network wants to delay paying $3.59 billion (3.3bn) it agreed with T-Mobile for 800 MHz licences for its proposed extension to Boost Mobile. The agreement covers a valuable nationwide slice of 13.5 MHz within the 800 MHz band. Dish was an important party to the deal struck when T-Mobile merged with Sprint. A buyer […]
EchoStar, in the process of being merged with satellite pay-TV operator Dish Network, could be facing a Class Action of investors who are dissatisfied with the merger plan. Lawyers for the Action are saying the investigation concerns whether the EchoStar board breached its fiduciary duties to shareholders by failing to conduct a fair process prior […]
In a move they say creates a global connectivity leader with premier wireless, satellite and video distribution capabilities, DISH Network Corporation and EchoStar Corporation have entered into a definitive agreement for DISH Network to combine with EchoStar Corporation in an all-stock merger at a fixed exchange ratio. The news confirms reports in July 2023 that […]
Jupiter 3, a massive satellite owned by EchoStar and serving clients of Hughes Communications which was launched on July 29th, is performing “nominally” – which is good news for its owner. The satellite, manufactured by Maxar Technologies, began sending and receiving its first signals shortly after launch, and engineers deployed Jupiter 3’s important solar arrays, […]
After two scrubbed attempts, a SpaceX ‘Heavy’ rocket successfully placed a massive satellite for EchoStar-owned Hughes Communications into orbit in a night-time launch on July 28th. It was the 250th successful mission for SpaceX. The rocket’s core booster was supported by two side boosters – which a few minutes later made a synchronised landing back […]