EchoStar
AmericasEchoStar's subsidiary Dish DBS (anchored by Dish TV satellite and Sling TV streaming) exited Chapter 11 bankruptcy, significantly improving the parent company's balance sheet. Stock price rose 7% on the announcement.
curated · 2026-10-02 · context →
CEO Hamid Akhavan resigned effective immediately on July 6, 2026 following board discussions on strategic direction change. Charles W. Ergen assumed Principal Executive Officer duties at Hughes; EchoStar Capital folded into Corporate Development under Thomas A. Cullen.
curated · 2026-07-19 · context →
EchoStar receives FCC approval for $40 billion spectrum sale ($23bn to AT&T, $17bn to SpaceX). Expected to hold $24.1 billion in total cash after the deal, which will be used to repay debt and stabilize the company's financial position.
curated · 2026-05-18 · context →
