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 television business that includes Dish TV by Nov. 22 if bondholders don't agree to a debt exchange. A group of Dish bondholders on ...
DirecTV says it will walk away from Dish deal after bondholders’ rejection
DirecTV said it will abandon a plan to buy its satellite television rival after some bondholders refused to accept a steep discount on Dish parent EchoStar’s debt.
DirecTV scrapping DISH merger
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, Dish DBS, after Dish bondholders rejected a debt exchange.
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 exchange.
DirecTV says Dish purchase is off
DirecTV’s proposed acquisition of Dish assets is most likely dead after a group of bondholders rejected a revised offer.
DirecTV threatens to call off Dish Network deal
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why a huge TV merger is in trouble.
DIRECTV to walk away from DISH merger talks if bondholders aren't swayed soon
The two satellite companies would form the largest pay-TV company in the United States if they merged, but DIRECTV is losing patience. Time appears to be running out for a combination of DISH and DIRECTV.
EchoStar Third Quarter 2024 Earnings: EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Looking ahead, revenue ...
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 ...
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 ...
Datacenter Dynamics1d
EchoStar secures $5.2bn in capital to invest in 5G Open RAN rollout, but faces challenge over DirecTV sale
EchoStar Corporation announced this week that it has secured $5.2 billion in capital to invest in its nationwide Open RAN 5G network. The company, which has had its financial struggles and openly ...
Business Insider1d
Echostar’s DIRECTV Deal Faces Uncertainties Amid Regulatory Hurdles
Echostar (SATS) has disclosed a new risk, in the Manufacturing category. The completion of the DIRECTV Transaction, a significant business move for Echostar, is fraught with uncertainty due to ...
Mobile World Live1d
EchoStar locks in $5.2B to pay off debt
EchoStar president and CEO Hamid Akhavan stated on a Q3 earnings call his company will be able to paying off maturing debt in ...
SDxCentral2d
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 ...
EchoStar price target lowered to $30 from $37 at TD Cowen
TD Cowen lowered the firm’s price target on EchoStar (SATS) to $30 from $37 and keeps a Buy rating on the shares. The firm said they ...
EchoStar Corporation (NASDAQ:SATS) Q3 2024 Earnings Call Transcript
Welcome to the EchoStar Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A brief ...
EchoStar debt exchange offer sweetened to help Dish Network-DirecTV merger
The combination of satellite TV businesses DirecTV and Dish Network depends on a debt exchange that's being made more ...
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 ...