Echostar prepares potential bankruptcy filing

[John2021]

They are selling a $400 phone (specs are real close to Samsung A36) that you can likely get a good deal on... for $500.

the phones made in america doubtful. i bet you can buy the cheap china version for under 200.00 with the same specs

 

[John2021]

Dish isn't going away until the last satellite fails...many moons from now

they could sell off what's left of the remaing sats to someone else and they could repurpose them for other uses would be my guess

 

[John2021]

when we had the enterainment package with direct they would always discount it by 50% under cutting YTTV!!!

 

[Juan]

they could sell off what's left of the remaing sats to someone else and they could repurpose them for other uses would be my guess

They are making money from the satellites

 

[telstar_1]

Not sure about that...WOR lost their tv license..only thing bankruptcy did was to delay...not the same situation but similar tactics

Right, not so sure that he can hang onto bandwidth indefinitely courtesy of bankruptcy. I would bet the auction terms carried provision not to be able to hang onto it through BK if failing to meet utilization requirements. Way I view it, they've been giving him a break already, and now, at the least, he has to "bend the knee" to the trumpist gov't in manner of other supplicants such as Amazon, CBS, law firms, etc.

 

[John2021]

They are making money from the satellites

AGREE on that!!!

 

[John2021]

Right, not so sure that he can hang onto bandwidth indefinitely courtesy of bankruptcy. I would bet the auction terms carried provision not to be able to hang onto it through BK if failing to meet utilization requirements. Way I view it, they've been giving him a break already, and now, at the least, he has to "bend the knee" to the trumpist gov't in manner of other supplicants such as Amazon, CBS, law firms, etc.

el chepo charlie has always been a spectrum whore!!!

 

[Bruce]

FCC Chairman Brendan Carr is urging EchoStar to pursue a sale of AWS-4 spectrum holdings as part of his "best and final" offer to EchoStar Chairman Charlie Ergen, Bloomberg reported Wednesday. It's not clear if that offer calls for EchoStar to sell all or some of its AWS-4 holdings.

FCC Chair urges EchoStar to sell spectrum in 'best and final offer' – report

FCC Chairman Brendan Carr is directing EchoStar to sell AWS-4 spectrum assets, holdings that happen to be coveted by Elon Musk's SpaceX, reports Bloomberg. The report surfaced soon after EchoStar disclosed it made delayed interest payments as talks with the FCC continue.

www.lightreading.com

 

[AZ.]

FCC Chairman Brendan Carr is urging EchoStar to pursue a sale of AWS-4 spectrum holdings as part of his "best and final" offer to EchoStar Chairman Charlie Ergen, Bloomberg reported Wednesday. It's not clear if that offer calls for EchoStar to sell all or some of its AWS-4 holdings.

FCC Chair urges EchoStar to sell spectrum in 'best and final offer' – report

FCC Chairman Brendan Carr is directing EchoStar to sell AWS-4 spectrum assets, holdings that happen to be coveted by Elon Musk's SpaceX, reports Bloomberg. The report surfaced soon after EchoStar disclosed it made delayed interest payments as talks with the FCC continue.

www.lightreading.com

The government telling what a company should do? Everything is just ridicules now!

 

[Bruce]

The government telling what a company should do? Everything is just ridicules now!

Please quit putting political stuff in this threads, every time you do, threads get closed or moved to the Pit.

 

[AZ.]

Please quit putting political stuff in this threads, every time you do, threads get closed or moved to the Pit.

JFC! Its not! You tell me what the hell it is!
The government, the FCC is telling an American company how to run its god damn business! ITS BS!

Is the sky not blue were you live?!

 

[Bruce]

JFC! Its not! You tell me what the hell it is!
The government, the FCC is telling an American company how to run its god damn business! ITS BS!

Is the sky not blue were you live?!

I am not going to do a rebuttal, because it would make this even more political, keep it to the pit, where I will gladly do so.

 

[Yespage]

The government telling what a company should do? Everything is just ridicules now!

As the original owner of the spectrum, the Government would have rights to how it is used. The issue is, that is already in the paper work. Echostar/Dish needed to expand mobile service out to x% of the people by certain deadlines. Based on the comments from the FCC, they are making pleas to Ergen, not enforcing violations Ergen made on the agreement signed onto by buying the spectrum. The FCC has no case here to intercede unless Dish/Echostar misses a deadline.

What confuses me is that I was under the impression Dish/Echostar can't sell the spectrum they bought the rights to. And the FCC is saying Dish/Echostar should sell spectrum. This whole thing reeks of meddling by the FCC for the benefit of another company.

 

[AZ.]

As the original owner of the spectrum, the Government would have rights to how it is used. The issue is, that is already in the paper work. Echostar/Dish needed to expand mobile service out to x% of the people by certain deadlines. Based on the comments from the FCC, they are making pleas to Ergen, not enforcing violations Ergen made on the agreement signed onto by buying the spectrum. The FCC has no case here to intercede unless Dish/Echostar misses a deadline.

What confuses me is that I was under the impression Dish/Echostar can't sell the spectrum they bought the rights to. And the FCC is saying Dish/Echostar should sell spectrum. This whole thing reeks of meddling by the FCC for the benefit of another company.

This goes back to the early 90s, and my memory isnt the best. They were selling off spectrum and we could buy it.
I dont remember the company, but the minimum you could buy/invest was like $10 to $12K to invest. I came very close to buying $25k, to add to my portfolio.
And the cell companies would pay you to use what spectrum you owned.
Thats why I was bit confused when Charlie set up that shell company to win the lottery to get what he has now.

 

[Scott Greczkowski]

Seeing the news this morning shows me, DISH is not going anywhere.

 

[Juan]

The government telling what a company should do? Everything is just ridicules now!

Huh..the government owns the spectrum..echostar just has a license ( for now) to use it

 

[llokey]

Please quit putting political stuff in this threads, every time you do, threads get closed or moved to the Pit.

It seems he has a valid point. Would seem it is no more political than your post.

 

[navychop]

Seeing the news this morning shows me, DISH is not going anywhere.

All they need now is MONEY!

 

[Juan]

As the original owner of the spectrum, the Government would have rights to how it is used. The issue is, that is already in the paper work. Echostar/Dish needed to expand mobile service out to x% of the people by certain deadlines. Based on the comments from the FCC, they are making pleas to Ergen, not enforcing violations Ergen made on the agreement signed onto by buying the spectrum. The FCC has no case here to intercede unless Dish/Echostar misses a deadline.

What confuses me is that I was under the impression Dish/Echostar can't sell the spectrum they bought the rights to. And the FCC is saying Dish/Echostar should sell spectrum. This whole thing reeks of meddling by the FCC for the benefit of another company.

Is Dish actually using the spectrum?.. if not...there is a law against buying spectrum just to sell it for profit ( instead of actually using it and selling it as part of a network)

 

[Bruce]

It seems he has a valid point. Would seem it is no more political than your post.

In what way was my post political?