Latest news with #Celero5GTAB
Yahoo
a day ago
- Business
- Yahoo
Why EchoStar Bounced Back Today
EchoStar issued a press release touting its new 5G-enabled tablet. The FCC recently threatened EchoStar's spectrum holdings, alleging it hadn't been building its 5G network fast enough. Elon Musk's public spat with Donald Trump may also, believe it or not, account for the rise, since Musk's SpaceX wants EchoStar's spectrum. 10 stocks we like better than EchoStar › EchoStar (NASDAQ: SATS) shares were bouncing back today, up 10% as of 2 p.m. ET. EchoStar's shares have been under severe pressure since the beginning of the year, but especially in the past week. That's because management decided to not make two separate interest payments on its debt, as it awaits a decision from the FCC regarding its spectrum. Management has a 30-day grace period to do so before the company is technically in default. The spectrum debate has to do with the pace of EchoStar's 5G rollout, and is also indirectly linked up with Elon Musk's SpaceX. Back in May, the new Trump-appointed FCC director sent a letter to EchoStar, stating that the extension it was granted to complete its 5G network buildout by the prior administration was under review. EchoStar had purchased valuable spectrum years ago, on the terms that it would build a 5G network to increase competition in the industry. However, EchoStar's buildout has been slow, which is perhaps not surprising, given its declining legacy business in satellite TV. In an interesting wrinkle, Musk's SpaceX had led a campaign to win more satellite spectrum for its own services, including the spectrum held by EchoStar. That may have played a part in the FCC's initiation of a review, given Musk's ties to the Trump administration. However, late yesterday, EchoStar issued a press release introducing its new Boost Mobile Celero tablet, the Celero5G TAB, a low-cost tablet that takes advantage of EchoStar's 5G network. While normally not that significant, the announcement of a new 5G product could go a ways toward making EchoStar's case to the FCC that it deserves to keep its spectrum. Furthermore, it appears Musk's relationship with the Trump administration is now on the outs, given Musk's storm of posts today criticizing the administration and Republicans in Congress for the deficit expansion in the "Big, Beautiful Bill" making its way through Congress. If Musk and Trump have a falling out, then the FCC may not aggressively pursue EchoStar's spectrum on behalf of SpaceX, if SpaceX's campaign was in fact a motivating factor in initiating the review. EchoStar's stock has been punished severely, so it could make for a turnaround play if in fact it's able to deploy 5G to more areas and grow its low-cost Boost Mobile offerings. However, its high debt, declining legacy satellite TV business, and unresolved battle with the FCC remain big risks. Betting on a big recovery is a highly risky proposition, and only appropriate for speculators at this point. Before you buy stock in EchoStar, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and EchoStar wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Billy Duberstein and/or his clients have no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why EchoStar Bounced Back Today was originally published by The Motley Fool
Associated Press
4 days ago
- Business
- Associated Press
Boost Mobile Debuts the Ultra-Powerful Celero5G TAB--Its First Boost Mobile-Exclusive Tablet Offering
Consumers can now enjoy high-end features at home or on the go—all at a price they'll love—with Boost Mobile's first-ever exclusive tablet, the Celero5G TAB. LITTLETON, Colo., June 4, 2025 /PRNewswire/ -- Building on the momentum of its ultra-affordable premium Celero smartphone lineup, Boost Mobile launched its first-ever exclusive tablet – the Celero5G TAB – packed with premium features at an unbeatable price. Balancing powerful performance, sleek design and next-level 5G connectivity, the Celero5G TAB delivers an unparalleled experience, whether you're at home or on the go. Beginning today, Boost Mobile customers can get this tablet at an incredible value of just $199.99, adding a line of data for just $20 per month. And the savings don't stop there! For customers with Boost Mobile phone plans, the tablet is available at just $99.99. 'Our Boost Mobile Network delivers speed, reliability and an experience our customers love. Now with the new Boost Mobile-exclusive Celero5G TAB, we're bringing this experience in a new form factor they won't want to miss out on,' said Sean Lee, SVP of Consumer Marketing, Boost Mobile. 'The Celero5G TAB offers a powerful combination of high-end features and affordability that Boost Mobile customers deserve. With its expansive display, powerful battery and reliable 5G capabilities with dual-band Wi-Fi compatibility, this device delivers superior service at a price that makes sense.' Packed with Power The Celero5G TAB is equipped with a 7500mAh battery, built to power through your busiest days. No longer do consumers need to scramble to find a charger during business meetings, on road trips or when their little ones are finding a game to play. The Celero5G TAB's battery keeps you charged all hours of the day. Plus, with 20W fast charging capability, powering up will never get in the way of productivity, so you can get back to work, play or studies in no time. Faster Speeds for Greater Possibilities Delivering 5G network capabilities and dual-band Wi-Fi you can depend on, the Celero5G TAB ensures access to ultra-fast downloads, smooth streaming and blazing fast connections. From gaming with friends to virtual meetings with colleagues, you'll enjoy uninterrupted productivity and entertainment wherever life takes you. Effortless Multitasking at Your Fingertips Powered by the MediaTek MT8755 Octa-Core Processor and Android™ 15 operating system, the Celero5G TAB delivers the power and efficiency you need to multitask without any lag. Whether you're gaming, streaming, or internet browsing on the move, this tablet ensures you stay ahead in your everyday hustle and bustle. Immersive Sound Wherever You Go Boasting the exclusive BoostMax Audio™ feature, the Celero5G TAB immerses you in every beat, note, spoken word and whisper. Its rich, crystal-clear sound takes your on-device listening experience to the next level. Turn up the volume and enjoy the unmatched clarity of your favorite playlist or movie scene. Entertainment and Education Made Safe Designed for today's families, the Celero5G TAB offers Google Kids Space™, a kid-friendly environment featuring curated apps, games and videos. Parental controls provide peace of mind, while the tablet's intuitive design inspires creativity and safe exploration for children. The Celero5G TAB combines top-tier features with exceptional performance for the ultimate consumer experience. For more details on pricing and data plans, please visit About Boost Mobile Boost Mobile offers the best value in wireless with simple, flexible and transparent plans starting at $25/mo. for unlimited 5G. Boost Mobile's nationwide cloud-native O-RAN 5G network delivers lightning-fast speeds, reliability, and coverage on the latest 5G devices. Customers enjoy no annual service contracts and the freedom to upgrade their devices anytime without a trade-in. Experience Boost Mobile's risk-free 30-day money-back guarantee and learn more about our services on Facebook, Instagram and YouTube. Boost Mobile is the nation's newest nationwide mobile carrier in the U.S. and a brand under EchoStar Corporation (NASDAQ: SATS). View original content to download multimedia: SOURCE EchoStar Corporation
