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Scott Greczkowski
Staff member HERE TO HELP YOU! Cutting Edge
Last reply · posted in The Merger Zone
Just got a call from a friend who tells me (unofficially) the deal is dead. He says they are celebrating.

What a wild turn of events. Dish lives on. Don't know what this means for DIRECTV.
41 Replies · 3416 views
navychop
THINK!

Do you REALLY think they are THAT stupid?

Not likely. More to the story coming
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Scott Greczkowski
THINK!

Do you REALLY think they are THAT stupid?

Not likely. More to the story coming
This is what my contacts have been telling me all along. Haven't found a reason to doubt them yet.

Business as usual and now DISH sits in a very good place.
Bruce
This is what my contacts have been telling me all along. Haven't found a reason to doubt them yet.
Again, if true, a astounding bad decision on TPG part, that is why it is so hard to believe.

TPG Capital trades on the NASDAQ, they have shareholders (investors) plus a Board of Directors to answer to, if they really lost $2.5B to a company that was close to Bankruptcy, there will be firings, massive firings.

TPG Capital has a market cap of $24.05 Billion, so losing $2 Billion is a big deal for a equity fund of that size.
Business as usual and now DISH sits in a very good place.
Again, until Echostar can prove they can monetize the spectrum, they are not in a good place, losing 3 Million out of 10M Cell Phone Subscribers in just 4 Years, after multiple marketing attempts, is not a good sign.

Along with the decreasing revenue from their TV Service and Satellite Internet.

They have massive hurdles.

But it is worse for DirecTV, based on the math.
Scott Greczkowski
As I said many… many times.

I see Dish buying Directv.


Sent from my iPhone using Tapatalk
C
CSM
As I said many… many times.

I see Dish buying Directv.


Sent from my iPhone using Tapatalk
How can Dish buy DirecTV when they are going bankrupt?
MikeD-C05
How can Dish buy DirecTV when they are going bankrupt?
Charlie is going to a gambling casino with TPG $2.5 billion and he will risk it all on the craps table . Then he will double his money and come out ahead. :smug
b4pjoe
This is what my contacts have been telling me all along. Haven't found a reason to doubt them yet.

Business as usual and now DISH sits in a very good place.
I have to ask...does this really seems feasible that TPG would just piss away more than $2 billion dollars? All of the articles available state that DISH received "financing" agreements in September. Financing is not free in the financial world. Financing is a loan.

From the Washington Post today:

Now, DirecTV is walking away from the plan. "A successful [debt] exchange was a condition for acquiring the Dish video business," a DirecTV spokesperson said Wednesday in an email sent to The Washington Post and other news organizations. "Given the outcome of the EchoStar exchange, DirecTV will have no choice but to terminate the acquisition of Dish by midnight Nov. 22."
The debt exchange was not successful...at least so far.

Also from that same article:
In a note Wednesday, Craig Moffett, an analyst for MoffettNathanson, said EchoStar is "all but insolvent" after the bondholders' rejection of the debt terms. The simplest path to get the deal back on track, Moffett wrote, would be for TPG Capital, the private equity firm that would own the merged DirecTV/Dish Network, to "sweeten the deal" for bondholders, but that seems unlikely since the companies have already attempted to boost the value of the proposed swap.
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Bruce
I have to ask...does this really seems feasible that TPG would just piss away more than $2 billion dollars? All of the articles available state that DISH received "financing" agreements in September. Financing is not free in the financial world. Financing is a loan.

From the Washington Post today:


The debt exchange was not successful...at least so far.

Also from that same article:
By Nov. 22, should have more answers.

And I am agreement with you, makes no sense they would just give away $2 Billion, TPG is a big equity firm, but not that big.

As far as Echostar being insolvent as reported by Moffett, I have read Echostar received $5B in new funding, I have no idea if that was related to the merger, but that and the $2B takes care of the debt for 2024 and 2025.

But they will still need more cash to continue the build out and the expansion plans they laid out to the FCC, as conditions for changing the deadline, but since they are losing money every quarter, maybe that is what he is referring to.
b4pjoe
As far as Echostar being insolvent as reported by Moffett, I have read Echostar received $5B in new funding, I have no idea if that was related to the merger, but that and the $2B takes care of the debt for 2024 and 2025.
Yes but that new funding is just adding more debt. Kicking the can down the road. They are in this predicament because of debt. Their solution seems to be "lets add some more debt".
Bruce
Yes but that new funding is just adding more debt. Kicking the can down the road. They are in this predicament because of debt. Their solution seems to be "lets add some more debt".
It will bit them in the end if they cannot turn things around, but still safe for a couple of years.
MikeD-C05
It will bit them in the end if they cannot turn things around, but still safe for a couple of years.
Rearranging the chairs on the deck of the Titanic as the ship sinks after hitting the iceberg. All while the band keeps on playing. :music
Willh699
i feel like this failure to merge maybe a test to see if the Dish or DirecTV assets are valuable enough for a major cable provider to buy out instead, i get the feeling that Dish or DirecTV may now end up being bought out by either Charter Communications/Spectrum or Comcast/Xfinity to try to extend their reach to rural areas without using fiber optics cables or traditional copper cables and turn the dishes into something to beam internet signals to offer TV streaming services with.

Sent from my LM-Q730 using Tapatalk
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nelson61
I can just about guarantee that if Dish were spun off and went into bankruptcy, the federal bankruptcy judge would beat up on the bondholders.
First thing the judge would say is those millions of subscribers are not going to lose their service
Next he/she would say EchoStar valued the business at $0.

Then he/she would decide how much pain the bondholders would have to experience to reorganize the business with a debt load it could support.
EchoStar would be out of it but they already have decided to get out of the business so no skin off their nose.
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EatMyVolts
Charlie is going to a gambling casino with TPG $2.5 billion and he will risk it all on the craps table . Then he will double his money and come out ahead. :smug
Give him the hard ways, 2.5 billion across. 💔
b4pjoe
Again, if true, a astounding bad decision on TPG part, that is why it is so hard to believe.
Furthermore, EchoStar today announced the deployment of the previously funded capital provided from the secured financing facility from TPG Angelo Gordon and certain co-investors to satisfy in full the approximately $2 billion November 2024 maturity of its subsidiary, DISH DBS Corporation ("DDBS"). The repayment in full of the November 2024 DDBS maturity similarly enhances DDBS's debt maturity profile, leaving DDBS with zero long-term debt maturities due until July 2026.
Notice the words "repayment"...followed by "in full of the November 2024 DDBS maturity similarly enhances DDBS's debt maturity profile, leaving DDBS with zero long-term debt maturities due until July 2026".
Bobby
Supporting Founder Lifetime Supporter
Last reply · posted in DISH Network Support Forum
This is a thread that will keep you apprised of 4K events that will be showing on Dish channel 540. Keep looking here for information.

As of today, 9-27-17, there are no scheduled events posted for the next 2 weeks. That is subject to change on a daily basis.
762 Replies · 167207 views
Bobby
MLB, Brewers at Dodgers, Thursday 10-15, 6PM PDT, Channel 148-02.
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Bobby
CFB, Notre Dame at BYU, Saturday 10-27, 4:30PM PDT, Channel 148-03.
Bobby
NASCAR, Freeway Insurance 500, Sunday 10-18, 12PM PDT, Channel 148-04.
Bobby
CFB, Ohio State at Indiana, Saturday 10-17, 9AM PDT, Channel 148-01.
CFB, Arizona State at Texas Tech, Saturday 10-17, 12:30PM PDT, Channel 148-01.
Bobby
CFB, Ole Miss at Texas, Saturday 10-24, 4:30PM PDT, Channel 148-03.
dfergie
Staff member HERE TO HELP YOU!
Last reply · posted in What's Cooking?
We have a Breakfast and Dinner thread so... :)
Continuing from the Breakfast thread, found Cornbread mix so ...
Yellow Cornbread Mix
2 Hatch Green Chiles -diced
1 Egg
2/3 cup of milk
add to greased pan
Bake for 400f 20-25 minutes(From instructions)
now to put together and try... this to go with pinto beans...
5444 Replies · 335490 views
dfergie
Leftover carnitas with a giant KFC potato wedge, shredded mozzarella and hot sauce... Water
TRG
TRG
Two Chicago style hot dogs and a Fanta orange soda.
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M
Little mini pepperoni pizza, green beans, apples and chocolate milk.
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dfergie
Fanta orange soda.
Sitting in fridge cooling off, bought 1 along with 2 Mexican Cokes at La Tienda... (I keep a few cokes stashed as well as in fridge and camper fridge)
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M
Garlic cheese bread
Green beans
Apples
Chocolate Milk
Some weird noodles. ;)
(They have salad and a couple other fruits if wanted)
Ramy
Supporting Founder
Last reply · posted in The Sports Section
Really excited for this season with Kentucky having a new coach and some really exciting recruits. Probably won't last long, but here's hoping this season is great.
151 Replies · 1843 views
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R
A lot of upsets yesterday, but my LSU Tigers won.
Foxbat
Best fan sign I saw during the ND-BYU game: "Bear ate your Lucky Charms!" (Bear being the Cougars' QB). I was going to suggest, "Have you or your team been involved in a Carr crash?"
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M


They get cruel sometimes, very very cruel.😈. Hated to see my dawgs go down but I still say being ranked #1 is a hex on you!
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Jimbo
They get cruel sometimes, very very cruel.😈. Hated to see my dawgs go down but I still say being ranked #1 is a hex on you!
Yup, I agree, I'd rather be 2 or 3 till the last few weeks.
K
Pub Member / Supporter Lifetime Supporter
Last reply · posted in TV Shows
Season 2 order already in hand:

'Star Trek: Starfleet Academy' Renewed for Season 2, Tatiana Maslany to Guest Star in Season 1

I've not been optimistic about this show based on what I've read so far. Seems to be aimed at a younger audience. Interesting though that Tatiana Maslany will have some sort of role.
83 Replies · 3285 views
K
I'm sure I will watch at least the first episode but I am not optimistic.
K
I'm sure I will watch at least the first episode but I am not optimistic.
Here i am over a year later and just finished season 1. Not great but not as bad as I was expecting. Did not care for the barefoot captain stuff but overall ok. Actually looking forward to see what they did for season 2.
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MikeD-C05
Here i am over a year later and just finished season 1. Not great but not as bad as I was expecting. Did not care for the barefoot captain stuff but overall ok. Actually looking forward to see what they did for season 2.
Yeah, the foot stuff was just nasty. I kept thinking of how dirty her feet would get traipsing around shoe-less. Funny, I love being shoe less at home and never wear shoes indoors in my home for long, but seeing her laying on all her furniture with her bare feet hanging out just kind of grossed me out.
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harshness
I kept thinking of how dirty her feet would get traipsing around shoe-less.
Where would this "dirt" come from? Dead skin and dandruff?
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MikeD-C05
Where would this "dirt" come from? Dead skin and dandruff?
There would still be dirt ,dust in the future I am sure. So walking around the station like she did she would get stuff on her feet. I am sure the robot vacuum is still going to miss stuff, with all those different alien species running around there.
harshness
There would still be dirt ,dust in the future I am sure.
Where is it going to come from -- specifically?

Why do you think cleaning technology won't improve in the next few hundred years? HEPA filtration was invented as part of the Manhattan Project.
MikeD-C05
Where is it going to come from -- specifically?

Why do you think cleaning technology won't improve in the next few hundred years? HEPA filtration was invented as part of the Manhattan Project.
I don't know, but I still don't like her walking through the station or the academy with out her shoes. It looks unprofessional and very "hippy like" for someone of her status and I personally don't get off to feet, so there is that. ;)
osu1991
I don't know, but I still don't like her walking through the station or the academy with out her shoes. It looks unprofessional and very "hippy like" for someone of her status and I personally don't get off to feet, so there is that. ;)
Stay out of my office. I rarely have shoes or socks on in the office. My office and business is at home though :clapping
K
I just thought her behavior, including the bare feet thing, was disrespectful to her position.
dfergie
Staff member HERE TO HELP YOU!
Last reply · posted in TV Shows
Stargate SG-1 cancelled, Atlantis renewed
clear.gif

Monday - August 21, 2006 | by Darren Sumner
clear.gif

The future of Stargate is in question today, as SCI FI Channel has cancelled the long-running Stargate SG-1, Multichannel News reported today and a GateWorld source has confirmed. The news regrettably follows the airing of the show's milestone two-hundredth episode on Friday.

Stargate Atlantis, meanwhile, has been renewed for a fourth season, with the network hoping to see that the spin-off series can stand alone, according to a source.
Source Gateworld
2030 Replies · 183966 views
dfergie
S3 Ep22 Nemesis & S4 Ep1 Small Victories...
long_time_Dish
S3 Ep22 Nemesis & S4 Ep1 Small Victories...
Two of my favorite Replicator episodes. :)
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dfergie
The Tokra pt 1, I know pt 2 will be next...
(came across on Pluto tv live, went to media server for "clean" version)
R
I have gotten back into watching SG-1 and I have recorded most of the episodes to binge watch. What episodes are about the Antarctic or was this a movie? Also where could I watch the SG-1 movies?
osu1991
SuperDish_Fan23
Last reply · posted in DISH Network Support Forum
Why are ViP922s So rare? like its crazy how ebay has none, i checked everywhere, also, i got a ViP222k now, which is actually activated!
5 Replies · 144 views
dishdude
They didn't sell many, they were pricey and not out long. Quickly got replaced by the Hopper.
T
They were high-end specialty, somewhat buggy and the 612/622/722 just overwhelmed it in popularity.
HipKat
I think they were more of a transitional receiver bridging the VIPs to the Hopper. They were a PITA to install and were buggy. Personally, I thought at the time that they were the best receiver out there. The versatility of the VIP's with the new Hopper GUI and, by far, the coolest-looking front plate and lighting.
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AZ.
AZ.
Well if it is because of reliability that wouldnt shock me.I went through 5 or 6 of them in little over 2 years. I loved the Sling when it worked! Saved lots of money having it in the day. That was probably 15 or 16 years ago?
T
I think they were more of a transitional receiver bridging the VIPs to the Hopper. They were a PITA to install and were buggy. Personally, I thought at the time that they were the best receiver out there. The versatility of the VIP's with the new Hopper GUI and, by far, the coolest-looking front plate and lighting.
I don't recall that they came out just before hopper, but rather that they came out even before 722. Or could be thinking of 921.

As to the title pf the post, "rare" does not necessarily mean valuable or desirable.
Scott Greczkowski
Staff member HERE TO HELP YOU! Cutting Edge
Last reply · posted in The Chit Chat Club
Sometimes a thread gets so many posts in it that is can cause issues for the server so that why today we introduce The Song Name Game Part 3!

So let the game continue!

The last song was added by Bobby who posted...

One Meat Ball - Andrews Sisters

CONTINUE ON AND HAVE FUN! WELCOME HOME TO SATELLITEGUYS.US!

Here are the original rules for the game as posted by WebbyDude back in 2006. http://www.satelliteguys.us/threads/68645-Song-Name-Game

Just name a song title and the band who performed it. The next person does the same thing, but needs to list a song title or band name which includes a word from the previous entry. Pick songs from any genre.

Example:

Long Live Rock and Roll -- Rainbow

Rainbow in the Dark -- Dio

Another example:

Ride the Lightning -- Metallica

Lightning Strikes -- Ozzy Osbourne


Get it?


An additional note: we all know that song titles, sometimes, use profane words. Because this is a family friendly website it is advised that you clean up that title up a bit. This is accomplished by using something like sh!t instead of the real word. Thanks....
68532 Replies · 2673091 views
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H
TAKE IT As It Comes-The Doors
ClarkGable
Take It To The Limit - The Eagles
harshness
Take It To The Limit - The Eagles
The two instances of "The" should have been highlighted.

Take
Me to the River - Talking Heads
dishstaller
Blinded By The Light - Manfred Mann's Earth Band
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Bobby
I Saw The Light - Todd Rundgren
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meStevo
Lifetime Supporter
Last reply · posted in The Sports Section
Schedule drops tomorrow. Mandatory mini camps in June. Hall of Fame game August 6th.
112 Replies · 1771 views
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osu1991
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M
Hopefully nowhere near a microphone.
Y
Hopefully nowhere near a microphone.
After having experienced Gus Ferguson trying to call soccer games, I'm uncertain why NFL football analysts get hate. Even the "worst" of them are pretty good.
meStevo
Jalen Hurts out indefinitely as they treat and monitor a superficial blood clot in his leg.


View: https://x.com/RapSheet/status/2111074303185989663?s=20
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meStevo
Browns lead the AFC North 🤣

Seth Meyers What GIF by Late Night with Seth Meyers