All verified mentions of this organization in source documents.
EchoStar's Form 10-Q filing indicates that the company does not currently have the necessary cash on hand and projected future cash flows to fund fourth-quarter operations or the November 2024 debt maturity.
Charlie Ergen’s DISH Network, now part of EchoStar, is open to merging with AT&T’s DirecTV.
EchoStar recorded revenue from broadband and satellite services down nearly 14% to $1,800,000,000 for 2023.
EchoStar’s broadband and satellite revenue decline for 2023 was primarily driven by a lack of capacity amid delays to launch its Americas-focused Jupiter-3 spacecraft and competitive pressure from satellite-based competitors and other technologies.
On 2024-02-12, EchoStar terminated offers to exchange more than $4,900,000,000 (€4.5 billion) of convertible notes issued by Dish.
EchoStar’s Jupiter-3 entered service 2023-12-19, five months after launching on a Falcon Heavy.
EchoStar is seeking to fill Jupiter-3’s 500 gigabits-per-second capacity over the Americas with new customers following prior bandwidth constraints that weighed on revenues.
EchoStar’s Jupiter-3 broadband satellite is delivering download speeds of up to 100 megabits per second to early customers.
Dish Network split from EchoStar in 2008 to expand into terrestrial mobile services and online streaming.
The Federal Communications Commission approved on 2023-12-06 the transfer of all of Dish Network’s licenses and authorizations to EchoStar.
Jupiter-3 will double the capacity of EchoStar’s fleet and provide ubiquitous connectivity throughout the Americas to serve customers beyond the reach of cable and fiber internet.
Maxar Space Systems handed over operations of the JUPITER 3 satellite to EchoStar on 2023-11-16.
EchoStar is a U.S.-based geostationary operator that is planning to start deploying 28 low Earth orbit satellites in 2024 to connect remote Internet of Things devices.
EchoStar reported net income of $37,400,000 for the third quarter of 2023, down $19,000,000 year-on-year.
EchoStar’s revenues for the three months to 2023-09-30, fell 17% year-on-year to $413,100,000.
The Federal Communications Commission (FCC) entered into a negotiated Consent Decree with DISH Operating LLC to resolve an investigation into the deorbiting of its EchoStar-7 satellite.
In February 2022, DISH found that its attempts to maneuver EchoStar-7 were not producing expected changes to its trajectory.
DISH received an initial license for the EchoStar-7 satellite in early 2002.
DISH estimated that the deorbit maneuvers for EchoStar-7 would occur in May 2022.
DISH committed to maneuvering the EchoStar-7 satellite to a disposal orbit at least 300 kilometers above its operational orbit in its debris mitigation plan.