Tag: Echostar
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Dish Network’s Wireless Retail Chief Quits, Raising More Questions About its Mobile Business
Dish Network’s wireless ambitions are up in the air after losing a key leader in Michael Kelly, the company’s wireless retail chief. Cord Cutters News confirmed Kelly’s resignation, and that his last day will February 29. Light Reading was the first to report on Kelly’s exit. “We appreciate his hard work and commitment to our…
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DISH Backs Off of Controversial Post-Echostar Asset Swap
DISH Network reversed course and killed a plan to swap assets with new parent Echostar in a move that confused Wall Street and outraged its debt holders. Shortly after Echostar and DISH got back together, the combined company laid out a plan to move some assets — particularly valuable spectrum — into a newly formed…
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Walmart and Boost Are Offering a Free Phone and a Year of Service for $129 — But There’s a Catch
Walmart and Boost Mobile are teaming up on a bundle that includes a free phone and a full year of service for $129 — which is a great deal as long as you don’t need a smartphone. The free handset that comes with this deal is the Summit Flip phone, a basic handset that lets…
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DISH Creditors May Default Following EchoStar’s Post-Merger Asset Shuffle
DISH Network creditors are looking into legal options including sending the company a default notice after it “moved prized assets out of bondholders’ reach,” people familiar with the matter told Bloomberg. This comes after the newly formed EchoStar Corporation reported a series of completed transactions that would boost the company’s strategic, financial, and operating flexibility.…
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DISH Is Exploring New Funding Options Following EchoStar Merger
Following the completion of its merger with DISH Network, EchoStar Corporation said it’s completed a “series of strategic transactions to further unlock incremental strategic, financial and operating flexibility for its business.” This comes as DISH is hoping the newly merged company will be able to find new funding options to complete the buildout of its…
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DISH Network Is Now Called EchoStar Corporation After Completing Its Merger, But Sling TV’s Name Is Unchanged
Today it was announced that EchoStar has completed the acquisition of DISH Network. The new company will be called EchoStar Corportation. Last month, the Federal Communications Commission gave DISH the go-ahead on the merger. The new company will take on EchoStar’s name, but DISH will remain the pay-TV brand. For now, Sling TV — which…
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DISH Network’s Merger With EchoStar Will Reportedly Close Sunday
DISH Network’s merger with EchoStar is set to close on Sunday, December 31, according to a report from Seeking Alpha, but sources have said it could close as soon as today or tomorrow. As of the closing date, EchoStar will take control over the combined company. Earlier this month, the Federal Communications Commission gave DISH…
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T-Mobile and Dish Make Peace Over Spectrum Sale
T-Mobile and Dish Network have agreed on new terms that give the satellite provider more time to acquire a swath of radio airwaves from the wireless carrier. The two companies have been in a months-long spat over the timing of the deal, with the Justice Department needing to step in. T-Mobile wanted Dish to followthrough…
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Dish and EchoStar Flip Merger Roles, With EchoStar To Take Over As the Parent Company
Dish Network and EchoStar Corp are still slated to merge back, but having flip-flopped on which one will be the parent. The companies disclosed in a filing with U.S. Securities and Exchange Commission that they are reversing their original plan, and will now merge with EchoStar as the parent company. The two companies said in…