EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged on the news that bondholders of Dish Network rejected a proposed debt deal seen as key to sealing a merger with DirecTV.
Dish bondholders reject debt-exchange offer for DirecTV deal, document shows
A group of EchoStar's Dish bondholders rejected a proposed debt-exchange offer from DirecTV that was contingent upon them accepting a "haircut" of $1.5 billion, a document viewed by Reuters on Monday showed.
DirecTV will terminate Dish deal unless debt swap resolved - Bloomberg
DirecTV plans to abandon its planned purchase of Dish Network Corp. in 10 days if bondholders don't agree on a debt exchange. “A successful exchange was a condition for acquiring the Dish video business,
Dish Lenders Reject DirecTV Debt Deal on Eve of Deadline
Dish Network Corp. creditors have rejected the US satellite-television provider’s bond-exchange offer on the eve of a deadline for a debt deal that is key to the company’s proposed acquisition by rival DirecTV.
Dish Bondholders Reject Debt Swap for Ergen’s DirecTV Merger
A debt exchange key to DirecTV’s plans to merge with Dish is expected to fall short ahead of Tuesday deadline.
DirecTV to drop Dish acquisition plan if EchoStar debt-exchange offer fails
A group of Dish bondholders on Monday rejected the proposed debt-exchange offer from DirecTV that was contingent upon them accepting a "haircut" of $1.5 billion. "A successful exchange was a condition for acquiring the Dish video business,
Mobile World Live3h
EchoStar locks in $5.2B of fresh capital to pay off maturing debt
EchoStar president and CEO Hamid Akhavan stated on a Q3 earnings call his company will be able to paying off maturing debt in ...
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 said it plans to abandon its Dish merger
Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to a debt ...
EchoStar Sheds 43,000 Pay TV Subscribers, Adds 145,000 Sling TV Subscriptions in Q3
As cord-cutting continues to ravage the linear TV business, EchoStar shed a total of 43,000 pay TV subscribers during its ...
Advanced Television5h
EchoStar, DirecTV deal at risk
EchoStar’s share price has plummeted 13 per cent as news emerged that TPG (the former Texas Pacific Group) has said that the ...
Echostar: Buy Rating Despite Challenges, Strategic Maneuvers Highlight Underappreciated Spectrum Value
TD Cowen analyst Gregory Williams maintained a Buy rating on Echostar (SATS – Research Report) today and set a price target of $30.00.
EchoStar Corp (SATS) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...
EchoStar Corp (SATS) reports a mixed quarter with revenue decline but strategic financial restructuring and subscriber growth ...
SDxCentral1d
Is EchoStar set to ditch Broadcom’s VMware?
EchoStar’s Boost Mobile division is set to ditch a platform vendor in a move that could put its open-network architecture to ...
Business Insider11h
EchoStar Reports Financial Results Amidst Strategic Shifts
Echostar ( (SATS)) has released its Q3 earnings. Here is a breakdown of the information Echostar presented to its investors. EchoStar Corporation, a leading provider of technology and ...
Q3 2024 EchoStar Corp Earnings Call
Welcome to the EchoStar third-quarter 2024 earnings call. (Operator Instructions) As a reminder, this conference is being recorded. I'll now turn the call over to Dean Manson, Chief Legal Officer.
TV Technology20h
Sling TV Adds 145,000 Pay TV Subs While Dish Sheds 188,000 in Q3
ENGLEWOOD, Colo., —EchoStar, which hopes to sell its pay TV operations to DirecTV, continued to hemorrhage subscribers in its ...
Stocktwits on MSN18h
EchoStar Stock Tumbles After Q3 2024 Losses Widen: Retail Continues Its Support
Shares of satellite communications firm EchoStar Corp ($SATS) tumbled over 11% on Tuesday after the company’s third-quarter ...