{
Hughes Network Systems

Companies

}
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001122334455554433221100

echostar plans aggressive expansion into satellite and mobile broadband services

EchoStar is set to expand its satellite and mobile broadband services after selling Dish and Sling TV to DirecTV for $1, along with transferring $10 billion in debt. The restructuring aims to focus on direct-to-device satellite services, with plans to raise $5.5 billion in new capital, while analysts predict a challenging environment for its wireless business and ongoing declines in satellite pay-TV subscriptions.
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United States Dollar TPG Angelo Gordon New Street Research SpaceX Boost Mobile Hughes Network Systems Dish Network Corp. Sling TV AT&T Inc. DirectView Holdings Inc. EchoStar Corporation USA Hamid Akhavan Jonathan Chaplin Dimitri Buchs Ric Prentiss Show more
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20:35 01.10.2024
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