EchoStar’s Hughes Satellite files for bankruptcy protection, executive exodus accelerates
The Hughes bankruptcy filing follows EchoStar’s playbook for its Dish division
The Hughes bankruptcy filing follows EchoStar’s playbook for its Dish division
EchoStar described the bankruptcy protection move as a 'prepackaged' filing
An $183 million interest payment was due June 1
But big financial changes are solidifying
And still have licenses to sell
The tower company has doubled down on its view that EchoStar chose to sell the assets
The company says that the FCC's pressure led it to abandon MNO plans, while AT&T hits back at T-Mobile
New deal puts overall spectrum purchased value at $19.6 billion
The open RAN revolution continues
Is EchoStar about to sell more spectrum assets?
Management wants to remain 'builders'
Says there's room for satellite Internet service in the market
EchoStar's spectrum acquirers set to act
High divestitures to AT&T and SpaceX have satisfied the agency
Follows the $23 billion sale of spectrum to AT&T
And not all of it is immediately useful
Will see EchoStar effectively operate as an MVNO
5G spectrum claimed to be at risk from satellite push
And it's slashing its terrestrial 5G investment
Finances remain in focus
T-Mobile US' UScellular acquisition approvals showed divergent angles
Strategic options remain 'under consideration'
EchoStar shares jumped 50 percent following talks between Trump and EchoStar boss Charles Ergen
Simington only left the agency last week, but says FCC's pursuit of EchoStar is "dangerous"
Cites FCC chair Brendan Carr in its argument against the regulator