EchoStar’s Boost Mobile division is set to ditch a platform vendor in a move that could put its open-network architecture to ...
DirecTV says it is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange offer from the satellite TV provider.
Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to ...
DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a discount within the next week. But even if they don’t, EchoStar ...
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen as key to sealing a merger with satellite rival DirecTV. Shares fell ...
Nov 12 (Reuters) - Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar's (SATS.O), opens new tab satellite television business that includes Dish TV ...
As cord-cutting continues to ravage the linear TV business, EchoStar shed a total of 43,000 pay TV subscribers during its third quarter of 2024 for a total of 8.03 million, including 5.89 million ...
By Georg Szalai Global Business Editor EchoStar, which recently agreed to sell its Dish and Sling TV businesses to DirecTV to create a new pay-TV giant, lost 43,000 net pay-TV subscribers in the ...
EchoStar (SATS) reported $3.89 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 842%. EPS of -$0.52 for the same period compares to $0.15 a year ago.
EchoStar Corporation SATS reported a third-quarter 2024 non-GAAP loss of 52 cents per share compared with a loss of 51 cents in the prior-year quarter. The bottom line was wider than the Zacks ...
For now, EchoStar remains a “going concern,” which should have the 7,000 workers in metro Denver, half of its workforce of around 14,000 people, breathing easier.