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

Business continuing in business bankruptcy would be a Chapter 11.
Could be a Chapter 13, Chapter 11 or Chapter 7. Of course the worst one is Chapter 7.


I would say Chapter 11 is probably best if DISH has to file.
 
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Business continuing in business bankruptcy would be a Chapter 11.
And a extremely more complicated then a Personal Bankruptcy.

Also possible Charlie could lose control since he just owns shares now.

Also have to get the Creditors to agree on a deal to bring the company out of Chapter 11.

Might need a major investor also, because the company will need cash for when/if it comes out of 11.

Kind of like Diamond Sports, which is using $500 Million from Sinclair and $100 Million from Amazon to have some cash when/if they come out of Chapter 11.

Those above are a very simple description of what could happen if they declare, which will be a lot worse in reality.
 
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But at bottom, who would really want the "asset" of DiSH (or of now DiSH-re-merged Echostar? At the end of the day, Charlie's simply stuck with it, bankruptcy or no.
I really doubt the creditors would not agree to something, but it depends on what that something is if they make a deal.
 
I wouldn't say that. I just hope they would get stuff in gear, after all the stuff is already out there and is sitting there basically unused.
Cost money to deploy and install it I guess and they don't have the money to finish out the cell phone towers and owe for debts that they can't pay. So why try to start anything else.
 
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The towers are mainly done for most of the country. If I had to guess the issue is with the backhaul. People want to do a speedtest on their phones and see they are getting 600 meg down, not do a speedtest and see they are only getting 11 down.

The promise of 5G (from everyone) has not lived up to the hoopla. And in reality I am not really seeing any real difference between it and 4G.
 
Just saw this and thought I would share it here...

A lot of folks keep thinking that IF DISH files for Bankruptcy, that there will be no more DISH. I keep trying to explain that Bankruptcy is not necessarily a bad thing. In many cases it is a smart business move.

So here is a note from Red Lobster which hopefully explains this better. :)

redlobster.jpg


There we go... and now I am in the mood for Chedarbay Biscuits :D
 
The towers are mainly done for most of the country. If I had to guess the issue is with the backhaul. People want to do a speedtest on their phones and see they are getting 600 meg down, not do a speedtest and see they are only getting 11 down.
Still not in 3 areas, one is extremely major-

Future Planned Areas:
Boston, MA
Charleston, WV
Los Angeles, CA

The info is from them, not some blog-

 

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