EchoStar Sellects MDA space

[dishdude]

That is like 4 years from now. Where will he get the money for that? Will that be good enough for FCC Carr or will he just look at it like a "hail Mary pass" and still demand Charlie surrender the bandwidth?

Exactly, it's never happening. I might as well roll out plans for dishdude satellite internet services LLC

 

[bookworm370]

I just have one question:
How can they afford it and how did EDA agree to it without a Bond?

 

[Bruce]

I just have one question:
How can they afford it and how did EDA agree to it without a Bond?

Well, they just said this-

In a Friday 10Q filing, EchoStar further highlighted its own peril: "We currently do not have the necessary cash on hand, projected future cash flows or committed financing to fund our obligations over the next twelve months, which raises substantial doubt about our ability to continue as a going concern," the company stated.

So I read their plans, as a last ditch effort to lure in some more investment dollars.

https://www.streamtvinsider.com/technology/dish-sling-tv-lose-289k-pay-tv-subs-q2-bankruptcy-bells-toll

 

[Yespage]

Well, they just said this-

In a Friday 10Q filing, EchoStar further highlighted its own peril: "We currently do not have the necessary cash on hand, projected future cash flows or committed financing to fund our obligations over the next twelve months, which raises substantial doubt about our ability to continue as a going concern," the company stated.

Man! Even when filing for bankruptcy, Dish goes about doing Soon™.

 

[navychop]

Their accounting firm required that language.

Been there, done that.

 

[fmj77]

Too little, too late. SpaceX is so far ahead in this department that I seriously doubt whether Echostar can be a viable competitor.

 

[Derek K]

Too little, too late. SpaceX is so far ahead in this department that I seriously doubt whether Echostar can be a viable competitor.

Its very simple. You got 2 billionaires fighting it out. On one hand you got Elon Musk going to the FCC trying to take licenses for spectrum which are assigned to Dish, and now you got Charlie threatening to build a competitor to Starlink.

Only notable thing to point out is Elon has the money to do whatever he wants, Charlie doesn't

It would be nice to see some competition to Starlink, but the fact of the matter is it isn't happening anytime soon.

 

[Foxbat]

It will look like the old video game Asteroids.

Mike, I know you're old enough to remember Space Invaders.

Asteroids? Sheesh…

 

[sklunk]

A cell service that works anywhere whether any towers are nearby or not? I would think that would be pretty attractive to a lot of people. In our years of RV travel, we rarely ran into any place that we couldn't reach a tower with either our AT&T or Verizon service tied to a good rooftop antenna system, but we did often pass through dead spots while underway. A service with virtually no dead spots would have been quite appealing, price dependent of course.

This. And even BIGGER benefit for people in the marine industry or recreational boating ....

 

[MikeD-C05]

Mike, I know you're old enough to remember Space Invaders.

Asteroids? Sheesh…

I played both in my teens. Our first video game was the Ping Pong game by atari in 1977 when I was 15. Black and white graphics and boring as hell. But we played it for hours. But Phoenix game was my favorite when I worked nite shift stocking at Safeway when I was 18 and 19. Spent a lot of quarters playing that arcade game in the store on our breaks. Now I don't care about video games at all and haven't since then. I kind of find them a huge waste of time. But my 25 year old son loves them.