EchoStar Corporation (Nasdaq: SATS) is a global telecommunications company providing satellite communication, wireless telecommunications, and internet services. Operating through its Hughes Network Systems and EchoStar Satellite Services segments, it delivers services like pay TV, satellite network solutions, and broadband internet, serving enterprise, government, and consumer markets. EchoStar's offerings include geostationary high throughput satellites, low-earth orbit networks, and mobile solutions, with partners including Jersey Telecom and Swisscom. The company's brands include HughesNet, DISH TV, Sling TV, and Boost Mobile.
All verified mentions of this organization in source documents.
The final tranches of EchoStar’s transaction with AT&T are not expected to close until mid-2026.
EchoStar lost 144,000 satellite broadband subscribers during 2025 and ended the year with 739,000 broadband subscribers.
EchoStar will provide a closer update on the company’s direction after the second quarter.
EchoStar formed a new entity called EchoStar Capital focused on capital management and M&A to manage capital from recent transactions, led by CEO Hamid Akhavan.
EchoStar canceled a $1.3 billion contract with MDA Space for a dedicated Direct-to-Device (D2D) constellation.
EchoStar’s Broadband and Satellite Services segment, including Hughes Network Systems, posted $1.5 billion in revenue in 2025, down 8% year-over-year.
The EchoStar spectrum transactions remain subject to Federal Communications Commission approval.
A coalition of infrastructure providers including American Tower and Crown Castle filed protests with the Federal Communications Commission under Docket 25-302 regarding EchoStar’s spectrum divestitures.
Charlie Ergen has returned as CEO of EchoStar Corporation to manage legacy Pay-TV (DISH/Sling) and satellite operations.
Until the spectrum-sale deal closes, EchoStar does not have equity in SpaceX.
EchoStar reported $15 billion in revenue in 2025, down 5% compared to 2024.
EchoStar agreed to spectrum monetization transactions totaling approximately $42.6 billion with AT&T and SpaceX.
EchoStar Corporation (Nasdaq: SATS) is pivoting from a distressed wireless carrier into a spectrum holding and capital management entity.
Hamid Akhavan is EchoStar’s CEO and Charlie Ergen is EchoStar’s chairman.
EchoStar's headquarters are in Englewood, Colorado.
SpaceX purchased EchoStar’s AWS-4 and H-block spectrum licenses for around $17 billion in September.
The EchoStar XXV satellite is for EchoStar’s subsidiary Dish Network.
Lanteris Space Systems is an Intuitive Machines company participating in a collaboration with EchoStar and Dish Network that spans nearly three decades.
The EchoStar spectrum acquisition grants SpaceX 50 MHz of dedicated mid-band capacity.
By internalizing EchoStar’s spectrum, SpaceX is shifting from a leasing model toward a facilities-based position.