EchoStar Announces Spectrum Sale and Commercial Agreement with SpaceX

[Bruce]

a

And let's not forget that Echostar has more going for it than just Dish.

EchoStar: Premier Global Satellite Communications Provider

Echostar Corporation (Nasdaq: SATS) is a global fully integrated communications and content delivery leader and provider of technology, spectrum, and connectivity.

www.echostar.com

Again, all of those services are losing customers also, Boost, about 1.8M since Dish/Echostar took over.

Sling almost 700,000 since 2021.

Hughes over 600,000 since 2021, getting destroyed by Star Link.

 

[John2021]

Again, all of those services are losing customers also, Boost, about 1.8M since Dish/Echostar took over.

Sling almost 700,000 since 2021.

Hughes over 600,000 since 2021, getting destroyed by Star Link.

amazons launching there internet service. they will offer gig speeds. so ELONS going to have to do someting to compete. i mean ET has been toughting gig speeds since the launch of starlink.
huges and viasat are or will be pretty much dead i think thanks to new tech like amazons internet service and starlink!!!
it will be one hell of a battle to see who wins!!!

 

[John2021]

First the comment was waiting for Direct to go belly up and buy for pennies on the dollar. Why would any company buy a dying company while they are dieing faster? I see it as a lose lose, as it appears to be completely outdated service? What can Dish do different? Just because you have money, what can be different? They both have a streaming service, which is more profitable?

i'll agree i wouldn't waste the money to buy a dying company. more and more are flocking to on demand services like netflix!! what can dish do different nothing i can think of sat is dying tech;. tv won't be the same like it is today the locals are loosing viewers less advertising money for them cable networks shutting down

 

[John2021]

i am really surprized the smut channels are still around. how many pay for those

 

[John2021]

I think the loses Bruce shows is that Dish will crash before Direct? The quarterly losses are staggeringly high.

i think it might be a tie. seems to be a close race of seeing who's tanking faster than the titanic without the lights on!!! direct didn't do nothing to retain us. i think they know the end is coming!!! and who knows what charlies going to do with his sat that's on order.. if i was charlie i would have never built a cell network!!! maybe get rid of huges and invent something to that fact of starlink and amazons sat internets to compete. it would be cheaper just to use att as a roaming partner!!!

 

[MikeD-C05]

https://seekingalpha.com/news/4494824-echostar-to-have-over-24b-cash-on-its-balance-sheet-after-recent-spectrum-sales

So with $24 billion after all debt repayment, then Charlie could buy out right Directv and end up owning both satellite companies. IF he intends to stay in the video business. I heard on Cord Cutter news site that Echostar will announce it's future plans this week. So we might hear some news by weeks end?

 

[Scott Greczkowski]

This may answer some of your questions Mike. . (I haven't read it yet).

EchoStar on its 'forced pivot' and the path forward

EchoStar's top execs said transactions with AT&T and SpaceX were not the preferred outcome, and that the FCC forced EchoStar's hand.

www.lightreading.com

 

[Scott Greczkowski]

https://seekingalpha.com/article/4821511-echostar-strong-buy-back-landmark-spacex-deal