EchoStar(SATS)
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DirecTV and Dish Network are combining to form a pay-TV titan
Business Insider· 2024-09-30 11:37
DirecTV said Monday it has agreed to acquire Dish Network from EchoStar. The merger would create one of the US' largest pay-TV provider. In a separate deal, AT&T will sell its 70% stake in DirecTV to a private equity firm. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you' ...
EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming
CNBC· 2024-09-27 21:00
Charlie Ergen is getting close to selling the pay-TV business he founded more than 40 years ago. EchoStar is in advanced talks to sell satellite TV provider Dish Network to rival DirecTV, the closely held pay TV operator owned by private-equity firm TPG and AT&T, according to people familiar with the matter. While the sides hope to complete a deal by Monday, no deal is assured, and the talks may still fall apart, said the people, who asked not to be named because the discussions are private. The combination ...
EchoStar Stock Soars on Report Dish Close To Merging With DirecTV
Investopedia· 2024-09-27 18:10
Key Takeaways DirecTV, owned by AT&T and private-equity firm TPG, and EchoStar's Dish reportedly are in advanced talks to merge. The Wall Street Journal said a deal for DirecTV to buy Dish could come as early as Monday. The paper noted that the two satellite-TV providers have been trying to come together for decades. Shares of EchoStar (SATS) soared Friday on a report that its Dish is in advanced talks to be acquired by satellite-TV rival DirecTV. The Wall Street Journal reported that the plan for DirecTV—o ...
EchoStar Gets FCC Approval for 5G Buildout Framework for Boost Mobile
ZACKS· 2024-09-23 14:21
EchoStar Corporation (SATS) has received the Federal Communications Commission's ("FCC") approval for its 5G network buildout framework, allowing optimized coast-to-coast expansion of the world's first cloudnative Open RAN Boost Mobile Network, as noted in the FCC's Universal Licensing System. By the end of the year, EchoStar's Boost Mobile Network is expected to cover 80% of the U.S. population, adding 30 million more people under its coverage. The company will accelerate its final buildout across more tha ...
FCC Grants EchoStar's 5G Buildout Framework for the Boost Mobile Network
Prnewswire· 2024-09-20 20:19
LITTLETON, Colo., Sept. 20, 2024 /PRNewswire/ -- Today the FCC took a significant step to promote competition in the wireless market by granting EchoStar's 5G network buildout framework. The updated framework enables EchoStar to optimize and enhance its coast-to-coast buildout of the world's first cloud-native Open RAN 5G Boost Mobile Network, while more efficiently deploying the network in new areas of the country. The pricing and innovation improvements from EchoStar's continued presence in the wireless m ...
EchoStar's Hughes Expands Portfolio With Latest HS600 Media Player
ZACKS· 2024-09-18 15:55
EchoStar Corporation's (SATS) subsidiary, Hughes Network Systems, recently took digital signage to the next level with the launch of the HS600 Media Player. The initiative is aimed at aiding businesses to streamline their content delivery to any HDMI-enabled screen. The state-of-the-art device is engineered to provide businesses with a seamless digital signage experience, offering the ability to integrate live television and other high-quality video content into existing display setups without requiring exp ...
Hughes HS600 Media Player Enables Live TV Within Digital Signage
Prnewswire· 2024-09-17 11:00
Core Insights - Hughes Network Systems has launched the HS600 Media Player, enhancing digital signage capabilities by enabling live television and content playback on any HDMI-enabled screen without the need for new displays [1][2][3] Group 1: Product Features - The HS600 Media Player allows businesses to deliver high-quality video and live programming, improving employee engagement and customer interaction [2] - It is compatible with the Hughes MediaSignage cloud-based content management system and supports various signage solutions, allowing users to customize content with corporate messaging and live TV [3] Group 2: Market Impact - The integration of live programming positions Hughes as a leader in the digital signage industry, particularly in sectors like retail and manufacturing, where employee replacement costs can reach approximately $3,000 [2] - The HS600 is designed to maximize ROI by driving purchases and enhancing communication in environments such as retail, casual dining, and waiting rooms [2] Group 3: Company Overview - Hughes Network Systems, part of EchoStar, provides broadband equipment and services, supporting millions of consumers and businesses globally [4] - The company is a significant player in the satellite terminal market and has been providing in-flight video and broadband services for over twenty years [4]
Shares In Dish Network Parent EchoStar Surge On Reports Of Yet Another Round Of Merger Talks With DirecTV
Deadline· 2024-09-16 15:53
Core Viewpoint - EchoStar's shares rose by 7% following reports of renewed merger discussions with DirecTV, highlighting ongoing industry consolidation efforts amid challenges from cord-cutting [1][2]. Group 1: Merger Discussions - EchoStar and DirecTV are reportedly in early discussions about a potential merger, which could create the largest pay-TV provider in the U.S. with a combined 19 million subscribers [2][3]. - Previous attempts at a merger were halted by the FCC in 2002, but the current market conditions may favor a deal [1][4]. Group 2: Industry Challenges - Both companies are facing significant financial challenges, particularly as they attempt to establish a wireless competitor to major players like AT&T and Verizon [2]. - DirecTV recently faced a 13-day outage due to a carriage dispute with Disney, underscoring the difficulties of operating as a standalone video provider [3]. Group 3: Analyst Insights - Citi Research indicates that there is still a strong industrial logic for a merger, as both companies seek to adapt to the decline in linear video subscriptions and enhance their streaming offerings [4]. - Analyst Craig Moffett believes that the likelihood of regulatory approval for a merger is higher now than in the past, but expresses skepticism about the potential synergies from such a deal [4].
Why EchoStar Stock Popped a Lucky 7% Today
The Motley Fool· 2024-09-16 15:09
Whether or not EchoStar buys DirecTV, you shouldn't buy EchoStar. EchoStar Corporation (SATS 5.29%) stock jumped 6.8% through 10 a.m. ET Monday after Bloomberg reported over the weekend that the satellite TV and cellphone company (EchoStar owns both DISH and Boost Mobile) is in talks to merge with AT&T's (T 2.17%) DirecTV. As the news agency reported, a successful merger would create "the largest pay-TV provider in the US." What Bloomberg said about DISH and DirecTV Caveats abound. Discussions between AT&T ...
Boost Mobile to Offer All-New iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max
Prnewswire· 2024-09-12 14:24
The iPhone 16 lineup is available to pre-order starting on Friday, September 13. Boost Mobile is the only carrier to offer $1,000 off the iPhone 16 lineup with no trade-in required. Boost Mobile service is now available through Apple Stores locations and Apple Store online. Boost Mobile customers can trade in an eligible iPhone through Apple Stores and apple.com and receive $180-$650 additional credits. LITTLETON, Colo., Sept. 12, 2024 /PRNewswire/ -- Boost Mobile, the newest nationwide carrier, will offer ...