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.
A coalition of infrastructure providers, including American Tower and Crown Castle, filed protests with the FCC regarding EchoStar's asset divestitures.
EchoStar finalized a $17 billion agreement with SpaceX for AWS-4 and H-Block licenses.
The capital restructuring addresses EchoStar's upcoming 2026 debt maturity wall.
Charlie Ergen resumed the role of CEO of EchoStar after Hamid Akhavan's transition to EchoStar Capital.
Hamid Akhavan leads EchoStar Capital and the Hughes subsidiary after transitioning from his previous role as CEO of EchoStar.
In November 2025, EchoStar announced the formation of EchoStar Capital, a new division focused on strategic investments and M&A.
EchoStar terminated a $1.3 billion contract with MDA Space, canceling plans for its own standalone low Earth orbit constellation.
EchoStar Corporation has undergone a significant capital restructuring involving multibillion-dollar asset sales to AT&T and SpaceX.
EchoStar is transitioning from a distressed carrier to a spectrum holding entity.
EchoStar's spectrum sales are intended to resolve utilization inquiries.
EchoStar's operating margins reportedly sit at -107%.
Hamid Akhavan is the leader of the EchoStar Capital division.
The market prices EchoStar's SATS at a forward Enterprise Value-to-Sales (EV/Sales) ratio of 2.89x.
EchoStar's free cash flow remains negative as the legacy Pay-TV business continues its decline.
EchoStar's capital injection is slated to retire debt and fund the newly formed 'EchoStar Capital' division.
EchoStar reported a $16.48 billion non-cash impairment charge in its third-quarter results due to the abandonment of certain 5G network assets.
EchoStar posted a third-quarter net loss of $12.78 billion primarily due to the network write-down.
EchoStar Corporation's shares are up approximately 190.2% year-to-date as of December 9, 2025.
The Federal Communications Commission (FCC) is reviewing EchoStar’s compliance with 5G buildout mandates.
EchoStar's valuation has decoupled from traditional earnings metrics following divestitures valued at over $40 billion.