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Originally Posted by jesch3  that last paragraph doesn't look good |
Here is the last paragraph...
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We intended to lease the entire capacity of the satellite from EchoStar Corporation in order to, among other things, increase the number of high definition channels we offer. Therefore, the launch anomaly will result in a delay in our roll out of some high definition channels, including some local network channels.
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A "delay" in our rollout of "some" HD channels...
From the way I read that it could delay some of the new HD channel from rolling out as its going to take a little longer for the satellite to get to proper orbit and tested, and thus could delay the launch of some of the new HD channels planned.
Remember Echostar 3 is already there (as its Echostar 12 or as I call it, Rainbow 1) and that most of their plans for the 61.5 slot can still be done even if AMC14 never makes it. The big issue is that Echostar 3 is missing 4 transponders due to electrical problems and the AMC14 satellite would give them back those missing 4 transponders.
Again I consider this 8-K a positive look forward instead of AMC-14 is dead, which is actually what I expected to see in the 8-K.