Latest news with #DishNetwork
Bloomberg
5 days ago
- Business
- Bloomberg
Musk Looms Over Latest Ergen Fight Threatening EchoStar Debt
Save Welcome to The Brink. I'm Eliza Ronalds-Hannon, a senior reporter in Atlanta, covering EchoStar's missed interest payment after the Federal Communications Commission started a review. We also have updates on Wellness Pet and auto sector distress. Follow this link to subscribe. Send us feedback and tips at debtnews@ Creditors to EchoStar and its pay-TV unit Dish Network huddled over the past eight days as they came to terms with the latest curveball thrown by Charlie Ergen.
Bloomberg
02-06-2025
- Business
- Bloomberg
EchoStar Bond Woes Grow as Dish Network Interest Payment Skipped
EchoStar Corp., the wireless and pay-TV operator controlled by billionaire Charlie Ergen, has decided to skip interest payments on three bonds after a similar act late last week. A total of $183 million interest payments due Monday on several bonds related to its pay-TV operator unit Dish Network Corp. will not be paid, according to a regulatory filing. The company cited 'uncertainty' raised by the Federal Communications Commission review. The company has been tied up in a regulatory probe over its compliance with obligations to build a nationwide 5G network.
Wall Street Journal
12-05-2025
- Business
- Wall Street Journal
FCC Threatens Charlie Ergen's Hold on Satellite, 5G Spectrum Licenses
Telecom mogul Charlie Ergen's war chest is at risk after a U.S. regulator questioned his company's use of cellular and satellite spectrum licenses—including a chunk of airwaves long sought by Elon Musk's SpaceX. The Federal Communications Commission told Ergen, the chairman and co-founder of network operator EchoStar SATS -8.97%decrease; red down pointing triangle, that the agency's staff would investigate the company's compliance with federal requirements to build a nationwide 5G network. EchoStar owns both the Dish Network pay-TV brand and Boost Mobile's wireless service.
