EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...
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DirecTV Drops EchoStar Merger Bid
A DirecTV spokesperson told the Post: “A successful [debt] exchange was a condition for acquiring the Dish video business.
EchoStar Sheds 43,000 Pay TV Subscribers, Adds 145,000 Sling TV Subscriptions in Q3
The Dish parent has entered into an agreement to sell the satellite TV giant to rival DirecTV in a deal for $1 and $9.75 ...
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DirecTV to drop Dish acquisition plan if EchoStar debt-exchange offer fails
(Reuters) - Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar's satellite ...
EchoStar Posts Loss of Dish, Gain of Sling TV Subs in Third Quarter, Raises $5.2B in Fresh Capital
The telecom giant, led by CEO Hamid Akhavan and executive chairman Charlie Ergen, has agreed to be acquired by DirecTV to ...
DirecTV Threatens to Walk Away From Dish Acquisition Over Debt Exchange Dispute
The deal between the rival satellite TV giants for $1 and $9.75 billion in debt is contingent upon Dish's bondholders ...
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DirecTV-Dish deal drama could impact 18 million customers
In other news, time is running out for the 8 million people who still use DISH TV and Sling TV as their video services. A ...
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DirecTV Will Not Move Forward With Dish Merger
As September came to a close, official word that DirecTV had agreed to acquire EchoStar’s video distribution business, ...
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EchoStar secures $5.2bn in capital to invest in 5G Open RAN rollout, but faces challenge over DirecTV sale
Despite scaling back, EchoStar reported 5G network revenue of $43.2 million, up from $29.9m last year. Dish previously hit its 5G coverage target set by the Federal Communications Commission (FCC) ...