EchoStar

EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Hughes, and EchoStar Satellite Services (ESS). The Hughes segment provides broadband satellite technologies and broadband internet services to domestic and international consumer customers and broadband network technologies, managed services, equipment, hardware, satellite services and communication solutions to service providers and enterprise customers. The ESS segment owns and leases in-orbit satellites and licenses to lease capacity on a full time and occasional use. The company was founded by Charlie William Ergen, Candy Ergen, and James DeFranco in 1980 and is headquartered in Englewood, CO.

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EchoStar reports solid Q4 performance, eyes growth in enterprise

EchoStar's Q4 2022 performance showcased revenue growth, increased EBITDA, and strong enterprise order intake, with a focus on operational efficiencies and strategic business ventures.
The company faces challenges in balancing consumer and enterprise segment growth, managing overhead costs, and addressing uncertainties around new projects and market opportunities.
Opportunities lie in expanding enterprise business, optimizing capacity in key regions, leveraging upcoming satellite launches, and driving innovation through Horizon 3 strategy implementation.
Overall, EchoStar's performance, strengths, challenges, and opportunities position the company for a transition period in 2023, emphasizing growth in ESS business and global enterprise expansion.

EchoStar reports Q1 revenue dip but strong backlog growth

EchoStar's Q1 2023 showcased mixed financial performance with revenue decline but strong backlog growth and cash position, underpinned by operational efficiencies and strategic initiatives across Horizon phases.
While facing revenue challenges and global economic uncertainties, EchoStar's solid credit position and collaboration potential with DISH present avenues for sustained growth and innovation.
The ongoing CFO search and strategic focus on Horizon activities highlight EchoStar's commitment to financial prudence, operational excellence, and long-term value creation.

EchoStar and DISH merge to drive 5G growth and spectrum consolidation

EchoStar and DISH merger aims for synergy-driven growth, leveraging spectrum rights, AI, and 5G opportunities. Focus on network build-out progress, FCC obligations, and capital deployment for sustainable development. Challenges include regulatory requirements, timing of launches, and rural service obligations amidst industry dynamics.

EchoStar reports Q3 revenue decline, eyes enterprise market growth

EchoStar's Q3 performance reflects revenue and EBITDA declines, with a focus on cost management and strategic initiatives.
Strengths lie in the Horizon strategy, pending merger with DISH, and growth opportunities in the enterprise market.
Challenges include revenue decline, high capital expenditures, and potential limitations in the mobile market.
Opportunities exist in enterprise market growth, 5G infrastructure differentiation, and potential for future revenue growth.

EchoStar reports revenue decline, focuses on 5G growth opportunities

EchoStar's financial performance in 2023 was impacted by subscriber losses and impairment charges, but profitability was maintained in key segments.
The company is strategically positioned to leverage its strengths in satellite technology, streaming services, and 5G capabilities for sustainable growth.
Challenges include subscriber declines, impairment charges, and internal operational inefficiencies that EchoStar aims to address.
Opportunities lie in consumer wireless, enterprise services, partnerships with Amazon, and potential financing arrangements to support growth.

EchoStar reports progress in reducing expenses and attracting higher-value subscribers

EchoStar's Q1 2024 earnings call highlighted progress post-merger with DISH, focusing on reducing expenses, attracting higher-value subscribers, and improving operational efficiency. The company faces challenges from industry shifts but is working on improvements and cost-saving initiatives. Opportunities for growth lie in optimizing operations, acquiring higher-value customers, and reducing costs.

EchoStar reports Q2 revenue decline, focuses on operational improvements

EchoStar's Q2 2024 performance showed revenue exceeding $3.95 billion but declining by 9% YoY, with challenges in OIBDA and free cash flow. Strengths lie in operational improvements, Boost Mobile enhancements, and network optimization.
Challenges include declining revenue, negative free cash flow, and working capital fluctuations. Opportunities exist in refinancing, network deployment, and growth in mobile and Pay-TV segments.
Overall, EchoStar's focus on integration, cost management, and operational resilience positions the company to navigate challenges and capitalize on growth opportunities.

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EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Pay-TV, Retail Wireless, 5G Network Deployment and Broadband and Satellite Services. The Pay-TV segment business strategy is to be the best provider of video services in the United States by providing products with the best technology, outstanding customer service, and great value. The Retail Wireless segment offers Retail Wireless services as well as a competitive portfolio of wireless devices. The 5G Network Deployment segment business strategy is to commercialize Wireless spectrum licenses through the completion of 5G Network Deployment. The Broadband and Satellite Services segment business strategy is to maintain and improve leadership position and competitive advantage through development of technologies and services marketed to selected sectors within the consumer, enterprise and government markets globally. The company was founded by Charlie William Ergen, Candy Ergen, and James DeFranco in 1980 and is headquartered in Englewood, CO.

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LITTLETON, Colo. , April 10, 2024 /PRNewswire/ -- Renowned Pro Football Hall of Famer, current head coach of the University of Colorado Buffaloes, and celebrated community advocate, Deion "Coach Prime" Sanders is teaming up with Boost Mobile.

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EchoStar's (SATS) subsidiary Hughes gets contract from GA-ASI for production of a vital component of the advanced satellite communications system for MQ-1C Gray Eagle 25M Unmanned Aircraft System.

EchoStar's (SATS) Hughes Gets Production Contract From GA-ASI

Satellite system upgrades will enhance security and resiliency on major UAS upgrade program GERMANTOWN, Md., April 8, 2024 /PRNewswire/ -- Hughes Network Systems, an EchoStar (Nasdaq: SATS) company, today announced its it has been awarded a production contract from General Atomics Aeronautical Systems, Inc. (GA-ASI) to produce a key component of the next-generation satellite communications (SATCOM) system for the MQ-1C Gray Eagle 25M Unmanned Aircraft System (UAS).

Hughes Awarded Production Contract by GA-ASI to Connect Gray Eagle UAS with Next Gen Satellite Communications

EchoStar's (SATS) new ESA terminal receives approval from Eutelsat OneWeb Network for operation in the latter's LEO satellite network.

EchoStar's (SATS) New ESA Terminal Now Available on OneWeb LEO

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Hughes flat panel ESA user terminal approved for commercial availability on the OneWeb LEO Network GERMANTOWN, Md. , April 2, 2024 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced the commercial availability of the Hughes HL1120W Terminal.

Hughes Enables Worldwide LEO Connectivity with Eutelsat OneWeb Approval of New ESA

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Gogo Galileo Remains on Track for Commercial Launch Later This Year BROOMFIELD, Colo. , March 28, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced it has achieved another important milestone with its Gogo Galileo global broadband service completing end-to-end connectivity using the HDX antenna on the fully deployed Eutelsat OneWeb Low Earth Orbit (LEO) satellite network.

Gogo Testing for Global Broadband Antenna Achieves Major Milestone

EchoStar (SATS) will provide Hughes JUPITER System Gateway and terminals for Nilesat 301 satellite to facilitate seamless broadband connectivity across the MENA region.

EchoStar (SATS) Hughes JUPITER System Implemented by Nilesat

Contract Extension Awarded for 5G Deployments at bases in Washington and Hawaii to Help DoD Evaluate 5G Applications and LEO/GEO SATCOM Resiliency ENGLEWOOD, Colo. , March 18, 2024 /PRNewswire/ -- Today, EchoStar (Nasdaq: SATS) announced the contract period of performance extension by the Department of Defense (DoD) Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)) FutureG Office, for the continued deployment of standalone 5G networks at Joint Base Pearl Harbor-Hickam (JBPHH) in Hawaii and at the Naval Air Station Whidbey Island (NASWI) in Washington State.

DoD Extends Contract for ORAN-based Private 5G Networks through 2025

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Hughes industry-leading satellite ground platform to power reliable and affordable broadband connectivity across the region GERMANTOWN, Md. , March 15, 2024 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced that Nilesat, a leading satellite operator in the MENA region has purchased a Hughes JUPITER™ System Gateway and will use Hughes JUPITER terminals for its Nilesat 301 satellite.

Nilesat Selects Hughes JUPITER System to Deliver Satellite Broadband Connectivity in Egypt

World-Leading Open RAN 5G Boost Wireless Network Meets Critical FCC Milestone ENGLEWOOD, Colo. , March 14, 2024  /PRNewswire/ -- EchoStar Corporation filed a letter with the Federal Communications Commission (FCC) certifying that its nationwide 5G network provides download speeds of 35 Mbps or greater to over 70 percent of the U.S. population.

EchoStar Completes Nationwide Drive Test for Boost Wireless Network, Completing All 2023 FCC Commitments

EchoStar (SATS) will supply JUPITER System equipment to more than 200 villages across Kazakhstan to facilitate smooth access to broadband connectivity.

EchoStar's (SATS) Hughes JUPITER System Deployed by RCSC

•  Don't worry about setting your DVR for March Madness games •  Games will automatically record after you opt in ENGLEWOOD, Colo. , March 14, 2024 /PRNewswire/ -- SLING TV, the streaming TV provider who puts customers in control of their entertainment, today announced the launch of its original feature, Auto Record.

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Largest commercial communications satellite ever serving consumers and businesses across the Americas. GERMANTOWN, Md.

Hughes JUPITER 3 Satellite Delivering a New Era of Connectivity

Hughes industry-leading satellite ground platform to power Community Wi-Fi hotspots in 200 villages GERMANTOWN, Md. , March 13, 2024 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced that the Republican Center of Space Communication (RCSC), a subsidiary of the Ministry of Digital Development, has chosen the Hughes JUPITER™ System ground platform to help close the digital divide in Kazakhstan.

RCSC Selects Hughes JUPITER System to Help Bridge the Digital Divide in Kazakhstan

NEW YORK--(BUSINESS WIRE)--The Buxton Helmsley Group, Inc. (together with certain of its affiliates, “BHG” or “we”), the New York City-based investment fund manager with financial interests in EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS), today issued an open letter (the “Letter”) to U.S. Senators Elizabeth Warren and Sheldon Whitehouse (members of the U.S. Senate Committee on Finance), after EchoStar's filing of a Form 10-K with the U.S. Securities and Exchange Commission.

Buxton Helmsley Issues Letter to U.S. Senators Warren and Whitehouse Related to Apparent EchoStar Accounting and Securities Fraud, Including Failure to Correct $15B Equity Value Overstatement

This latest industry-first partnership adds more than 1 million new addressable households, accessible exclusively via DISH Media ENGLEWOOD, Colo. , March 6, 2024 /PRNewswire/ -- DISH Media, leaders in impression-based TV advertising, today announced an exclusive partnership with Philo, the television streaming service, marking a transformative moment in the advertising landscape.

DISH Media Expands Addressable TV Advertising Footprint Through Exclusive Collaboration with Philo

Play classic games while watching your favorite shows  Simultaneously play versions of your favorite games while watching TV ENGLEWOOD, Colo., March 6, 2024 /PRNewswire/ -- SLING TV, the streaming TV provider who puts customers in control of their entertainment, today announced the launch of its first-ever and completely free games experience, Arcade.

SLING TV Delivers a Watch and Play Experience with Classic Arcade Games

Subscribers earn the chance to win thousands of dollars in cash prizes  SLING TV rewards you for watching TV ENGLEWOOD, Colo. , March 5, 2024 /PRNewswire/ -- SLING TV, the streaming TV provider who puts customers in control of their entertainment, is proud to announce the highly anticipated launch of stage two of its newly released Rewards.

SLING TV Expands its Rewards

EchoStar Corporation (SATS) Q4 2023 Earnings Call Transcript

ENGLEWOOD, Colo. , Feb. 29, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three and twelve months ended December 31, 2023.

EchoStar Announces Financial Results for the Three and Twelve Months Ended December 31, 2023

ENGLEWOOD, Colo. , Feb. 27, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference to discuss its fourth quarter and full year 2023 financial results on Friday, March 1, 2024, at noon Eastern Time (ET).

News for EchoStar Stock (SATS)