Dish heads to Chapter 11 as 5G spectrum sale stalls
TL;DR Summary
Dish, the EchoStar-backed operator of Dish TV and Sling TV, filed for Chapter 11 bankruptcy to wind down its wireless operations after delays in selling about $23 billion worth of 5G spectrum to AT&T and SpaceX; Boost Mobile and Gen Mobile are excluded and will keep operating, with Dish aiming to emerge from bankruptcy by the end of Q3 2026.
- Dish files for bankruptcy, but not shutting down The Verge
- Exclusive | Satellite Pay-TV Provider Dish DBS Prepares for Bankruptcy Filing WSJ
- Satellite TV group Dish files for bankruptcy to cut $9bn debt load Financial Times
- Echostar Unit Dish Files for Bankruptcy to Help Debt Repayment Bloomberg.com
- Dish Network, Sling TV parent company prepares bankruptcy filing TheDesk.net
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