EchoStar Loss Widens on Charges
Core Insights - EchoStar reported a widened loss in the third quarter due to decreased revenue and a charge related to its multibillion-dollar wireless spectrum sales [1] - The company has appointed a new CEO [1] Financial Performance - The loss for the third quarter increased as a result of lower revenue [1] - A significant charge was taken on the company's multibillion-dollar sales of wireless spectrum [1] Leadership Changes - EchoStar has appointed a new CEO, indicating a potential shift in strategic direction [1]