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  1. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    I live in a concrete house with low outdoor cell strength. Like zip reception indoors . I bought an outdoor receive antenna and 3 booster antennas indoors from Wilson which provided excellent reception to cure the problem. https://www.wilsonsignalbooster.com/
  2. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    BLOOMBERG: "Dish Network Corp., the satellite-TV provider saddled with more than $20 billion in debt and losing customers, has received financing offers from private credit firms, according to people with knowledge of the matter. Dish has fielded at least one proposal of more than $1 billion...
  3. nelson61

    EchoStar Completes Nationwide Drive Test for Boost Wireless Network, Completing All 2023 FCC Commitments

    Echostar's dilemma is Charlie. He has majority control of the company and has had it like - forever. He likes being the shot caller and does not want to give up control. But, whomever puts money in, will want more control. Excepting for that issue, both the wireless, satellite, and tv business...
  4. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    The devil is in the details This is what the SEC wrote when approving the recent Echostr/Dish merger. "Pursuant to the terms of the proposed transaction, DISH Network Corporation will be merged into Merger Sub, a newly incorporated direct and wholly owned subsidiary of EchoStar, with DISH...
  5. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    Actually, the smart managers file for bankruptcy while they still can pay their bills but can see the storm clouds coming. Then, whomever is holding the debt takes the hit when they file.
  6. nelson61

    Dish/Echostar Q4 2023 Report

    You answered that question youself
  7. nelson61

    Dish/Echostar Q4 2023 Report

    The satellite will be built, the satellite will be launched. Contrary to some hysteria , dish satellite is still a money making business.
  8. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    If they go chapter 11 before the hounds are biting, at a minimum, the judge will likely protect the satellite and internet businesses by giving them rights to customer income, paying their expenses, and preventing creditors from claiming the assets. The wireless business is grayer since it...
  9. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    And that sums up their wireless problem. The provider market is saturated with each providing similar service and trying to poach the competitors customers.
  10. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    did a google search. The number of Boost compatable phones is still limited. iPhone 15 family Samsung A23 5G Motorola edge+ 2022 and 2023 Moto G Stylus 2022 and 2023 Moto G 5G 2022 and 2023 Motorola Razr The Celero 5G+, which is made by Dish and is exclusive to Boost
  11. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    Been there, done that. Ran a company under direction of a federal bankruptcy trustee. He taught me a lot. His rule #1 was to file early on . The judge will let you keep more of the operation intact (and the money). Those that wait end up watching the scanvangers fight over their assets and...
  12. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    The reason is because before you go bankrupt, companies have the freedom can make sales, deals, partnerships, joint ventures, etc without "outsiders" messing with the deal. But, once it hits bankruptcy, in a case like this, valuable assets get put up for auction by the bankruptcy judge and...
  13. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    Probably end up putting the rotten stuff (wireless and it's debt) in a separate basket and sell the spectrum off piecemeal while spinning off the satellite internet and tv businesses as profit making operations. AT&T effectively got rid of the shrinking satellite tv business with a...
  14. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    Nope . The judge decides which contracts to continue or void. In this case, customer contracts would likely continue since they are a source of income.
  15. nelson61

    Dish/Echostar Q4 2023 Report

    The SEC link for detailed info https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/0001415404/000155837024002209/tmb-20231231x10k.htm
  16. nelson61

    Dish/Echostar Q4 2023 Report

    EchoStar XXV. On March 20, 2023, we entered into a contract with Maxar Space LLC for the construction of EchoStar XXV, a DBS satellite that is capable of providing service to the continental United States (“CONUS”) and is intended to be used at the 110 degree orbital location. During the fourth...
  17. nelson61

    EchoStar/Dish raises doubts about 'ability to continue as a going concern'

    Just means the people they borrowed money from are going to take a haircut. The retail end will continue. And Charlie will have a boss.
  18. nelson61

    EchoStar announces termination of exchange.

    I suspect this was related to one of their moves where they recently announced they were moving assets into other totally owned companies. Then the bondholders said they were going to court to claim their collateral. So, they may have had a change of heart (after the bondholder said they would...
  19. nelson61

    Echostar - Dish Network merger complete

    The lawyers are going to make money on this deal. Bloomberg: "A group of Dish Network Corp. creditors sent a letter to the company’s board alleging that the satellite television provider’s restructuring plan is illegal, and threatening legal action if the deal isn’t reversed, according to...
  20. nelson61

    Echostar - Dish Network merger complete

    Their problem is the lack of a customer base bringing in money to pay the debt. Since they started with a very small base, I don't see any way they can grow the business fast enough to cover the debt, particularly when the big three AT&T, T-Mobile, and Verizon already have captured most of the...
  21. nelson61

    Echostar - Dish Network merger complete

    It's like when you owe the bank 20,000 dollars , you got a problem but if you owe the bank 20 billion dollars , the bank has a problem. His problems are smaller than the bondholders. First, he rolled Dish into Echostar to get access to their cash and or credit line. Then he move a bunch of...
  22. nelson61

    Echostar - Dish Network merger complete

    Bloomberg reports the bondholder lawyers are hard at work figuring out if they should go to court. Yesterday, Dish offered to convert 4.9 billion of their bonds into new debt secured (maybe) by spectrum at a conversion rate of around 50 cents on the dollar.
  23. nelson61

    Echostar - Dish Network merger complete

    Jan 10 (Reuters) - Shares of EchoStar (SATS.O) surged as much as 41% on Wednesday after the satellite operator said it has hired advisors to help evaluate strategic alternatives following its merger with Dish Network..
  24. nelson61

    MPEG2 Western Arc shutoff

    Now we know why 129W (Ciel 2) lease was not renewed FCC filing yesterday:: Northern Americas Satellite Ventures, Inc. (“SES”) has requested, on an urgent basis,DISH’s assistance in end-of-life disposal of that satellite, starting on Friday, January 26, 2024, inorder to complete the disposal...
  25. nelson61

    Echostar - Dish Network merger complete

    Their presser. https://about.dish.com/2024-01-10-ECHOSTAR-CORPORATION-UNLOCKS-INCREMENTAL-STRATEGIC,-FINANCIAL-AND-OPERATING-FLEXIBILITY-FOLLOWING-COMPLETION-OF-MERGER-WITH-DISH-NETWORK-CORPORATION
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