$87.03
-0.70 (-0.80%)
SATS News14 articles
EchoStar Falls as Dish DBS Bankruptcy Looms, Convertible Note Deadline Nears
EchoStar shares fell 1.5% as Dish DBS bankruptcy reports emerge, with the June 30 conversion deadline for $1.9 billion in convertible notes adding pressure.
EchoStar's ECHO Debut Slumps on AT&T Cash Dependence, SpaceX Index Event
EchoStar's new ECHO ticker dropped 6.5% in its first two sessions, with the $20.25B AT&T cash representing 71% of equity. The stock rebounded 1.7% Friday as investors eye deal closing and SpaceX's Russell index addition.
EchoStar Shares Drop 5% After Nasdaq Ticker Switch to ECHO
EchoStar shares dropped 4.8% to $98.92 after changing its Nasdaq ticker to ECHO, as the company awaits $20.25 billion from AT&T spectrum sale and faces a shrinking pay-TV business.
EchoStar Tumbles as SpaceX Direct Listing Dims Proxy Appeal
EchoStar plunged 11% on Friday as SpaceX's IPO allowed direct investment, reducing the proxy appeal. The stock now hinges on closing the AT&T spectrum sale and addressing a defaulted interest payment.
EchoStar Soars on SpaceX IPO Hopes, But Debt and Revenue Woes Loom
EchoStar stock rallied on SpaceX IPO excitement, but the company faces a $183 million interest payment deferral and declining core revenue.
EchoStar Shares Soar on SpaceX IPO Anticipation
EchoStar shares jumped 9.1% to $125.67 as SpaceX's $75 billion IPO nears, with the company seen as a key proxy for SpaceX exposure due to spectrum deals.
EchoStar shares slide ahead of pivotal week with SpaceX IPO, spectrum deal in focus
EchoStar shares fell 6.7% Friday, closing at $116.28, as traders assess the SpaceX IPO, AT&T spectrum deal, and a missed interest payment with a 30-day grace period.
EchoStar Gains After FCC Greenlights $40B Spectrum Sale
EchoStar shares closed up 1.57% at $137.23 after the FCC approved its $40 billion spectrum sale to AT&T and SpaceX, but a $2.4 billion escrow requirement and weak pay-TV trends pose risks.
EchoStar Shares Rise After FCC Greenlights Major Spectrum Deal
EchoStar shares rose 7.9% last week, closing at $137.23 after the FCC approved $40B in spectrum sales to SpaceX and AT&T, though a $2.4B escrow requirement and debt concerns linger.
Top US Carriers Join Forces for Satellite Network to End Dead Zones
AT&T, Verizon, and T-Mobile announced an unprecedented partnership to create a satellite-based network connecting standard phones directly to satellites, aiming to eliminate wireless dead zones across the U.S.
EchoStar Surges on FCC Spectrum Sale Approval, SpaceX Proxy Status Grows
EchoStar shares jumped after FCC approval of $40B spectrum sales to AT&T and SpaceX, with a $2.4B escrow condition. Q1 revenue dipped to $3.67B as subscriber losses continued.
EchoStar's Hughes Bankruptcy: Contract Backlog Won't Cover Matured Debt
Hughes Satellite Systems filed Chapter 11 after $1.5B bonds matured. Only $406M of its $1.4B contract backlog is due within a year, leaving a funding gap.
EchoStar's Dish Bankruptcy Reveals $3.6 Billion Gap in Wireless Claims
EchoStar's Dish DBS Chapter 11 filing reveals a $3.6 billion gap between FCC trust funds and over $6 billion in disputed 5G shutdown claims.
AT&T Shares Slide 5% on EchoStar Deal Delay and SpaceX-Charter Threat
AT&T stock dropped 5.2% as Dish DBS bankruptcy filing tied to a delayed spectrum deal rattled markets, while new competition from SpaceX and Charter weighed on the sector.