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Echostar

All articles tagged with #echostar

SpaceX Aims to Turn Starlink Into a Full Mobile Network
technology19 days ago

SpaceX Aims to Turn Starlink Into a Full Mobile Network

SpaceX plans to turn Starlink into a true mobile service by building out terrestrial infrastructure using 65 MHz of EchoStar spectrum and a dense network of base stations, with the goal of drawing customers away from Verizon, AT&T and T-Mobile. A key hurdle is securing an MVNO agreement with a major carrier; SpaceX also expects next-generation Starlink Mobile satellites in 2027 and a significantly upgraded service by year-end 2027, and it already has a T-Mobile satellite connectivity partnership in place.

HughesNet Declares Chapter 11 as Starlink Reshapes Satellite Internet
business21 days ago

HughesNet Declares Chapter 11 as Starlink Reshapes Satellite Internet

HughesNet’s parent EchoStar filed for Chapter 11 bankruptcy after subscriber losses to Starlink, saying it will continue serving customers during restructuring while shifting focus toward enterprise, government, and defense markets. About 400 of its 1,275 employees will be laid off as the company reorganizes debt and reduces cash burn, with leadership changes including appointing a chief restructuring officer to guide the plan.

Hughes Files Chapter 11 as Starlink Upends GEO Broadband Market
business22 days ago

Hughes Files Chapter 11 as Starlink Upends GEO Broadband Market

EchoStar’s Hughes geostationary satellite broadband unit filed for Chapter 11 to restructure about $1.5 billion of debt as it loses ground to SpaceX’s Starlink and pivots toward enterprise, government and defense work; consumer subscribers have fallen about 21.7% year over year to roughly 641,000, and Hughes notes the LEO competition is structural while continuing to provide service during the restructuring and excluding international subsidiaries from the filing.

Dish enters Chapter 11 with a prepackaged plan as EchoStar eyes asset moves
business1 month ago

Dish enters Chapter 11 with a prepackaged plan as EchoStar eyes asset moves

Dish DBS Corp. and Dish Wireless filed for Chapter 11 protection in a prepackaged restructuring tied to a March restructuring support agreement backed by more than 88% of its noteholders and more than $8.7 billion of Dish Wireless debt. The plan will allow orderly disposal of remaining assets and the decommissioning of Dish Wireless, while EchoStar frames it as positioning the business for a stronger future. The move follows EchoStar’s spectrum-license sales to AT&T and SpaceX for about $42 billion after FCC review, with an escrow of $2.4 billion to cover contractor claims. The filing is not expected to affect Boost Mobile and Gen Mobile customers, and cash-interest notes due July 1 will be paid in cash on closing or on the plan’s effective date as delays persist.

Dish Network Begins Chapter 11 Through Pre-Packaged Turnaround
business1 month ago

Dish Network Begins Chapter 11 Through Pre-Packaged Turnaround

Dish DBS, the satellite-TV operator now a unit of EchoStar, filed for Chapter 11 in Houston in a pre-packaged restructuring backed by about 88% of its bondholders. EchoStar says the move won't affect brands, customers, or operations and expects Dish to emerge from bankruptcy in the July–September quarter. The filing follows heavy debt (roughly $25 billion) and delays around a $20 billion spectrum sale to AT&T that helped trigger the process, as Dish continues its pivot toward wireless amid regulatory spectrum concerns.

EchoStar's Dish DBS Targets Chapter 11 Amid Debt Overhang and Cord-Cutting Pressures
business1 month ago

EchoStar's Dish DBS Targets Chapter 11 Amid Debt Overhang and Cord-Cutting Pressures

EchoStar Corp.’s Dish DBS is moving toward a Chapter 11 filing to restructure roughly $25 billion of debt as traditional pay-TV subscribers fall away and regulatory scrutiny of its wireless spectrum weighs on its strategy; the pre‑arranged plan aims to deleverage while allowing Dish Network, Sling TV and Boost Mobile to operate normally, backed by creditor support for an expedited process—minimizing immediate customer disruption while potentially reshaping the competitive telecom/media landscape.

Dish DBS Enters Chapter 11, Winds Down Dish Wireless in Prepackaged Restructuring
business1 month ago

Dish DBS Enters Chapter 11, Winds Down Dish Wireless in Prepackaged Restructuring

Dish DBS Corp and affiliates filed Chapter 11 in Texas under a prepackaged restructuring, winding down the Dish Wireless unit while Echostar and other operations (Boost Mobile, Gen Mobile, Hughes, Dish Network and Sling TV) continue normally; the plan, backed by most noteholders, aims to accelerate debt repayment and give Echostar greater flexibility after the previously announced spectrum sale to AT&T/SpaceX, which remains unsettled. The wireless shutdown is tied to an FCC escrow of about $2.4 billion to address claims, with creditors' claims handled through the bankruptcy process, and Dish targeting emergence by the end of Q3.

SpaceX, EchoStar among AWS-3 winners, as big U.S. carriers lock in licenses
business1 month ago

SpaceX, EchoStar among AWS-3 winners, as big U.S. carriers lock in licenses

AT&T, Verizon and T-Mobile won multiple AWS-3 licenses in a roughly $3.5B auction, with Verizon taking 82 markets for $3.16B, T-Mobile 102 markets for $277.78M, and AT&T 10 markets for $120.77M. EchoStar (Conundrum Wireless) captured one market for $1.22M, and SpaceX won two markets for $8.49M (upstream-only), which analysts say could feed SpaceX's broader mobile ambitions and Starlink; Blue Ridge Wireless and Citizens Band also won licenses. Down payments are due July 13 and final payments July 27; the FCC aims to finish upper C-band auctions by 2027.

space5 months ago

SpaceX to loft EchoStar-25 direct TV satellite from Cape Canaveral

SpaceX plans to launch EchoStar-25, a Dish Network direct-broadcast satellite built by Lanteris Space, atop a Falcon 9 from Cape Canaveral to GEO via a geosynchronous transfer orbit, with a 149-minute window and a plan to land the first stage on the drone ship A Shortfall of Gravitas; the satellite operates in the 12.2–12.7 GHz (space-to-Earth) and 17.3–17.8 GHz (Earth-to-space) bands and represents EchoStar’s latest Dish satellite in its long-running collaboration with SpaceX, which follows EchoStar’s 2025 spectrum sale for Starlink Mobile.

SpaceX's Starlink Satellite Encounters Orbit Anomaly and Debris Loss
business8 months ago

SpaceX's Starlink Satellite Encounters Orbit Anomaly and Debris Loss

SpaceX lost contact with a Starlink satellite, which is expected to reenter Earth's atmosphere within weeks, while Intuitive Machines received an overweight rating from KeyBanc and surged over 23% on near-term growth prospects. EchoStar's stock rallied nearly 40% in December amid plans for SpaceX's IPO, which could value the space company at $1.5 trillion, and the company benefits from spectrum sales and strategic partnerships. Overall, the space sector is experiencing notable developments and stock movements.

EchoStar Advances Spectrum Deals Amid SpaceX Competition
technology10 months ago

EchoStar Advances Spectrum Deals Amid SpaceX Competition

EchoStar has met regulatory conditions to retain rights to its global S-band spectrum, which it is selling to SpaceX in a deal worth over $17 billion. This milestone allows SpaceX to use the spectrum to significantly boost its direct-to-device services, including its Starlink broadband constellation, with tests expected to start soon. The deal, pending FCC approval, marks a key step in expanding satellite-based connectivity, especially in rural areas.

SpaceX's $17 Billion Spectrum Acquisition Boosts Starlink's 5G and Direct-to-Cell Vision
space11 months ago

SpaceX's $17 Billion Spectrum Acquisition Boosts Starlink's 5G and Direct-to-Cell Vision

SpaceX has purchased $17 billion worth of satellite spectrum from EchoStar to enhance its Starlink direct-to-cell service, enabling better mobile connectivity worldwide and increasing satellite throughput up to 20 times. The deal also resolves regulatory issues and ends EchoStar's plans for its own LEO satellite constellation, while providing EchoStar with financial relief and integration opportunities.