Hughes Satellite Systems owned by EchoStar admitted it doesn’t have enough money now to cover its next 12-months activity and says one option is to declare Chapter 11 bankruptcy. The […]
EchoStar
Ergen returns as CEO at EchoStar + strikes $17B spectrum deal with SpaceX
Echostar made changes with Hamid Akhavan who served as president and CEO of the company into chief of EchoStar Capital, and co-founder Charlie Ergen as its new CEO following the […]
EchoStar selling off more spectrum?
There are widespread reports that US cellular giant Verizon Communications is negotiating to buy wireless spectrum from EchoStar. Reuters summed up the situation saying the discussions involve EchoStar’s AWS-3 licences, […]
Forrester’s Digest: Ergen explains “cash rich” future plans
EchoStar co-founder Charlie Ergen appeared at the Novaspace Paris World Space Business Week (WSBW) and, along with EchoStar CEO Hamid Akhavan, explained his strategy for delegates. “We are going to […]
Forrester’s Digest: FCC ends EchoStar investigation
The Federal Communications Commission (FCC) has been something of a thorn in the side of Charlie Ergen’s EchoStar, and frequently complaining that EchoStar’s use of its wholly-owned 5G cellular spectrum […]
Forrester’s Digest: EchoStar sells spectrum to SpaceX; quits LEO plan
It seems that Charlie Ergen and EchoStar have decided to trim — if not exit — the satellite direct-to-consumer market. It is selling its AWS-4 and H-Block licenses (c. 50MHz […]
Forrester’s Digest: Dish/DirecTV merger back on?
Financial discussions about a potential merger between the two declining DTH operators over North America could be on again. Indeed, those discussions have gone on for years and, despite changes […]
Forrester’s Digest: EchoStar sells spectrum to AT&T for billions
Pay-TV operator EchoStar is selling $23 billions-worth (€19.8 billion) of terrestrial spectrum designed to improve 5G and home Internet access. AT&T and EchoStar have also agreed to enhance their long-term […]
EchoStar needs to act swiftly on launch plans
Charlie Ergen’s EchoStar has signed a $1.3 billion (€1.1bn) initial contract with Canada-based MDA Space to build 100 or so low Earth orbiting ‘MDA Aurora’ satellites for its proposed global […]
EchoStar selects MDA Space for D2D satellite constellation project estimated to be $5 Billion
EchoStar Corporation (NASDAQ:SATS), a global communications and connectivity provider, selected MDA Space Ltd. (TSX:MDA), a solid mission partner to the rapidly expanding global space industry, as the prime contractor for […]