, /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) (the "Company") has notified holders of its 3.875% Convertible Senior Secured Notes due 2030 (the "Notes") that the Notes are convertible, at the option of the holders (the "Conversion Option") beginning on October 1, 2025, and ending at the close of business on December 31, 2025. The Notes are convertible into cash, shares of the Company's common stock or a combination thereof, at the Company's election. Any determination regarding the convertibility o ...

New DISH Research Confirms Addressable TV Unlocks Growth in a Fragmented Market New modeling from DISH Media shows that reallocating just 10% of a campaign budget to addressable TV delivers double-digit gains in light TV viewer reach and improves in-target accuracy across the board. "Whether an advertiser is shifting dollars from traditional TV or streaming, addressable TV delivered consistent, measurable impact," said Howard Shimmel, President of Janus Strategy & Insights, LLC. "This proves that addressab ...

Core Insights - Globalstar, Inc. (GSAT) is implementing an expansion strategy to utilize its HIBLEO-XL-1 satellite system, aiming to enhance next-generation connectivity for various sectors as the global space economy is projected to reach $1.8 trillion by 2035 [1][4] Company Strategy and Investments - Over the last two decades, Globalstar has invested billions in satellite technology, focusing on low Earth orbit (LEO) innovations to provide essential connectivity for industries such as maritime, aviation, defense, and energy [2] - The company is upgrading its network infrastructure and has initiated a global ground upgrade for its new Extended MSS Network (C-3 system) [2] Infrastructure Development - Globalstar is constructing a new gateway at its ground station in Greece and expanding its Singapore ground station with two additional 6-meter tracking antennas to support the C-3 system [3] - A significant investment of $1.5 billion has been made for the C-3 satellite constellation, which includes 48 new satellites and approximately 90 new ground station antennas worldwide [4] Satellite Launch Plans - GSAT has signed a launch agreement with SpaceX for a Falcon 9 mission to deploy nine replacement satellites, with the first launch scheduled for 2025 and a second in 2026 [4][9] Next-Generation Capabilities - The HIBLEO-XL-1 filing indicates a shift towards next-generation MSS capabilities, adding more satellites and a broader frequency spectrum beyond existing bands [5][9] Market Position and Performance - GSAT's shares have increased by 79.8% over the past year, while the Zacks Satellite and Communication industry has grown by 119.7% [11] - The stock is trading at a forward 12-month price/sales ratio of 13.5X, significantly higher than the industry's 1.29X [12] Earnings Estimates - Consensus estimates for GSAT's 2025 earnings have been revised up by 77% to a projected loss of 8 cents per share, while 2026 earnings estimates have increased by 200% to a profit of 1 cent per share [13]

Accessibility StatementSkip Navigation Sling's new $4.99 Day Pass fuels a first-of-its-kind NIL movement proving streaming value beats streaming hype ENGLEWOOD, Colo., Sept. 12, 2025 /PRNewswire/ -- Sling TV, the most flexible live streaming service, today revealed the first-ever roster of the Sling "Stream Team," a group of 10 college football players signed to one-day Name, Image, and Likeness (NIL) deals for just $4.99, matching the price of Sling's new Day Pass subscription. Continue Reading Sling TV in ...

Sling TV introduces Day Pass for $4.99. Sling TV introduces Day Pass for $4.99. ENGLEWOOD, Colo., Sept. 2, 2025 /PRNewswire/ -- Sling TV, the most flexible live streaming service, is rewriting the rules on streaming just in time for College Football. Today, fans can grab the first-of-its-kind, Sling Orange Day Pass subscription for only $4.99. Instant access, no strings attached, live sports, entertainment, news and more. About Sling TV Sling TV is an Emmy® Award-winning live streaming TV service that provi ...

Core Viewpoint - The announcement of EchoStar's decision to sell its spectrum assets to AT&T for $23 billion and shut down its mobile base stations marks a significant shift in the competitive landscape of the U.S. telecommunications market, highlighting the challenges faced by smaller players in a highly concentrated industry [1][12]. Group 1: EchoStar's Background and Initial Aspirations - EchoStar, founded in 1980, initially focused on satellite television and broadcasting services, with subsidiaries like Dish Network and Sling TV [5]. - The company aimed to become the "fourth operator" in the U.S. telecommunications market, supported by government policies promoting competition and 5G network diversification [5][8]. - EchoStar's efforts to leverage new technologies like Open RAN were initially seen as a potential breakthrough against the dominance of AT&T, Verizon, and T-Mobile US [6][12]. Group 2: Financial and Operational Challenges - EchoStar's financial situation has deteriorated, with Q1 2025 revenues of $3.87 billion, a year-over-year decline of 3.61%, and a net loss of $203 million, an increase of 87.57% [8]. - The company faced significant debt, totaling $30 billion by the end of 2024, and an operating cash flow deficit exceeding $1.2 billion for the year [8][11]. - Technical issues with its Open RAN network, including inadequate coverage and poor signal stability, led to severe customer attrition and a workforce reduction of 33% [9][11]. Group 3: Market Competition and Strategic Decisions - The U.S. telecommunications market is characterized by high saturation, with mobile user penetration exceeding 130%, making it difficult for new entrants without substantial backing [11]. - EchoStar's lack of experience and scale in mobile communications hindered its ability to compete effectively against established giants [11][15]. - The decision to sell its spectrum and exit the mobile market is viewed as a strategic retreat, with the spectrum being a valuable asset for AT&T to enhance its competitive position [12][15]. Group 4: Industry Implications - The sale of EchoStar's spectrum is expected to reinforce the existing three-player structure in the U.S. telecommunications market, diminishing hopes for a "fourth operator" [12][15]. - The transaction, pending regulatory approval, underscores the challenges of balancing market competition with resource concentration in the telecommunications sector [15].

Core Insights - EchoStar Corporation reported total revenue of $3.72 billion for Q2 2025 and $7.60 billion for the first half of 2025, reflecting a focus on operational efficiencies and profitable growth investments [2][3][7] Financial Performance - The company experienced a net loss attributable to EchoStar of $306.1 million in Q2 2025, compared to a loss of $205.6 million in Q2 2024 [7][22] - Operating income for Q2 2025 was a loss of $213.4 million, compared to a loss of $65.4 million in Q2 2024 [7][22] - OIBDA for Q2 2025 was $279.6 million, down from $442.2 million in Q2 2024 [7][11] Segment Performance - **Pay-TV**: Generated approximately $2.46 billion in revenue for Q2 2025, down from $2.68 billion in Q2 2024, with a churn rate of 1.29%, the lowest in over a decade [5][9][10] - **Wireless**: Revenue reached approximately $935 million in Q2 2025, with a net subscriber growth of 212,000, leading to a total of approximately 7.36 million subscribers [4][9][10] - **Broadband & Satellite Services**: Revenue was approximately $340 million in Q2 2025, with an enterprise order backlog of $1.6 billion, an 8% increase year-over-year [6][9][10] Operational Highlights - The Retail Wireless business, particularly the Boost Mobile brand, has seen five consecutive quarters of growth [3][10] - Pay-TV ARPU improved by 3% year-over-year, while Wireless ARPU increased by 4.1%, marking the highest prepaid ARPU in the industry [9][10] - The company is gaining traction in the aviation sector with its in-flight connectivity solutions [3][9] Cash Flow and Investments - Net cash flows from operating activities for the first half of 2025 were $214.3 million, a decrease from $931 million in the same period of 2024 [24] - The company reported significant cash outflows in investing activities, totaling $1.8 billion for the first half of 2025 [24]

Group 1 - EchoStar Corporation will host a conference call to discuss its second quarter financial results on August 1, 2025, at noon Eastern Time [1] - The conference call will be available in listen-only mode on EchoStar's Investor Relations website [1][3] - Participants can access the call using specific dial-in numbers and a conference ID, and are encouraged to join at least 10 minutes early [2] Group 2 - A live webcast of the conference call will be available, along with a replay for 48 hours after the call [3] - EchoStar Corporation is a provider of technology, networking services, television entertainment, and connectivity solutions globally under various brands [4] - The company operates in Europe through its EchoStar Mobile Limited subsidiary and in Australia as EchoStar Global Australia [4]

Core Viewpoint - EchoStar's shares dropped 12.1% after the company missed a $326 million interest payment on its senior notes, raising concerns about its financial stability and ongoing issues with the FCC regarding its wireless spectrum usage [1][6]. Company Overview - EchoStar, founded by entrepreneur Charlie Ergen, operates Dish TV, Sling TV, and Boost Mobile, along with associated satellite services and valuable wireless spectrum [3]. - The company is facing challenges due to a declining pay-TV business and is attempting to pivot towards enhancing Boost Mobile as a new 5G service [9]. Financial Situation - The missed interest payment is on 10.75% senior spectrum secured notes due in 2029, which EchoStar has a 30-day grace period to address before defaulting [6]. - The decision to miss the payment may be strategic, given the uncertainty surrounding the spectrum's status due to the FCC's review [6][10]. Regulatory Challenges - EchoStar's spectrum has become a point of contention, particularly after a 2019 agreement to use it for a 5G network, which has not progressed as planned [4]. - The FCC has initiated a review of EchoStar's spectrum licenses, with competitors like SpaceX expressing interest in the same spectrum [5]. Market Outlook - The uncertainty surrounding EchoStar's spectrum and its financial maneuvers suggests that investors should be cautious until there is more clarity on the company's turnaround strategy [8][10].

Core Insights - DISH Media launched AdvantEdge™, a next-generation advertising solution that integrates audience targeting across linear and connected TV using verified first-party data [1][2] - The solution aims to simplify the advertising process for media buyers, allowing for real-time, cross-platform buying with high accuracy [2][3] Group 1: AdvantEdge™ Features - AdvantEdge™ utilizes DISH Media's deterministic data and advanced technology to enhance audience targeting capabilities [2][3] - The system increases DISH Media's deterministic footprint by 70% through expanded consumer brand connections, allowing advertisers to reach audiences in premium content [3] - It incorporates privacy-first data flexibility, compatible with major identity solutions like RampID, UID 2.0, and Yahoo ConnectID, ensuring consumer trust [3] Group 2: Performance Metrics - Recent analyses show AdvantEdge™ delivered significant performance improvements: +34% lift in brand scripts for pharma, +26% lift in sales for auto, and +17% boost in bookings for travel [4] - These results demonstrate AdvantEdge™'s effectiveness in reaching the right audience and driving measurable business impact [4] Group 3: Company Overview - DISH Media provides intelligent advertising solutions that maximize audience exposure while protecting consumer personal information [5] - The company employs innovative platforms for addressable targeting and programmatic buying, enhancing national media campaigns [5]