Latest news with #EchoStar
Associated Press
a day ago
- Business
- Associated Press
Hughes Earns AS9100 Certification, Reinforcing Commitment to Aerospace, Aviation, and Defense Excellence
Recognition strengthens Hughes position as a trusted partner in advanced manufacturing GERMANTOWN, Md., July 29, 2025 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company, today announced it has achieved the AS9100 standard, a globally recognized quality management system (QMS) for organizations serving the aviation, space, and defense industries. Developed by the International Aerospace Quality Group, AS9100 sets rigorous standards for consistency, safety, and regulatory compliance. This certification, combined with the Hughes investment in U.S. based manufacturing, affirms the ability of Hughes engineering and manufacturing to meet and exceed the demanding requirements of aerospace, aviation, and defense customers. The AS9100 certificate is a prerequisite for many Aviation, Aerospace and U.S. government contracts. The standard promotes production consistency, enhances risk management, and ensures a culture of continuous improvement across the organization. It also confirms compliance with all relevant customer, statutory, and regulatory requirements. 'Achieving AS9100 certification reflects our deep commitment to product engineering and manufacturing excellence and customer satisfaction,' said Robert Stedman, Senior Vice President of Quality at Hughes. 'This milestone validates our robust quality systems and reinforces our reputation as a trusted provider of advanced solutions for aviation and defense applications.' About Hughes Hughes Network Systems, LLC, an EchoStar (Nasdaq: SATS) company, provides broadband equipment and services; managed services featuring smart, software-defined networking; and end-to-end network operation for millions of consumers, businesses, governments, airlines, and communities worldwide. The Hughes flagship internet service, Hughesnet®, connects millions of people across the Americas, and the Hughes JUPITER™ System powers internet access for tens of millions more worldwide. Hughes supplies more than half the global satellite terminal market to leading satellite operators, mobile network operators and military customers. Hughes products and services have helped bring in-flight video and broadband to thousands of aircraft for over twenty years. A managed network services provider, Hughes supports approximately half a million enterprise sites with its HughesON™ portfolio of wired and wireless solutions. To learn more, visit or follow HughesConnects on X (Twitter) and LinkedIn. ©2025 Hughes Network Systems, LLC, an EchoStar company. Hughes and Hughesnet are registered trademarks and JUPITER is a trademark of Hughes Network Systems, LLC. View original content to download multimedia: SOURCE Hughes Network Systems, LLC
Yahoo
6 days ago
- Business
- Yahoo
EchoStar Corporation (SATS): A Bull Case Theory
We came across a bullish thesis on EchoStar Corporation on by OGBigJim. In this article, we will summarize the bulls' thesis on SATS. EchoStar Corporation's share was trading at $28.61 as of July 18th. SATS's forward P/E was 69.93 according to Yahoo Finance. A 5G antenna farm connected to a network of wireless operators and strategic partners, signifying a global reach. Echostar faces a pivotal moment as the FCC, led by Chairman Brendan Carr, reviews extensions granted to the company for building out its spectrum licenses and examines claims of underutilization, with a decision due June 6, 2025. The review, prompted by opposition from SpaceX and other petitioners, questions the validity of prior deadline extensions and raises the possibility of spectrum sharing, which could sharply erode asset value. Echostar asserts it has met all build-out milestones, covering 80% of the population by end-2024, and argues that most unbuilt licenses are rural and less valuable, preserving over 80% of spectrum worth. The company is also disputing SpaceX's claims, citing prior FCC rulings that determined dual use would cause harmful interference. If the FCC reverses prior decisions, Echostar could face enforcement actions, accelerated capex, and potential asset forfeiture, increasing the likelihood of Chapter 11 or forced divestitures. Chairman Charlie Ergen, with 52% equity ownership, would likely oversee any restructuring as debtor-in-possession, maximizing asset value through bankruptcy or orderly sales. Valuation scenarios for spectrum assets range from $39 per share at book value to $120 in a full breakup, with management estimating $30 billion of unrealized fair market value. Recent missed interest payments on bonds, made to conserve liquidity during the review, have heightened bankruptcy fears but left secured and DBS debt largely stable. With the FCC review accelerating the timeline for asset monetization, the base case points to regulatory headwinds and restructuring, while a favorable ruling could unlock significant upside for shareholders. Previously we covered a on Iridium Communications Inc. (IRDM) by Stock Picker's Corner in October 2024, which highlighted its resilient L-band network, diverse clientele, and growth prospects driven by rising geopolitical and AI-powered connectivity demand. The stock has appreciated about 8.2% since our coverage as the thesis played out. OGBigJim shares a similar industry view but emphasizes regulatory and spectrum monetization at EchoStar Corporation. EchoStar Corporation is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 50 hedge fund portfolios held SATS at the end of the first quarter which was 46 in the previous quarter. While we acknowledge the potential of SATS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None.
Yahoo
21-07-2025
- Business
- Yahoo
3 Inflated Stocks That Concern Us
Exciting developments are taking place for the stocks in this article. They've all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns. While momentum can be a leading indicator, it has burned many investors as it doesn't always correlate with long-term success. Keeping that in mind, here are three stocks getting more buzz than they deserve and some you should buy instead. EchoStar (SATS) One-Month Return: +13.8% Following its 2023 acquisition of DISH Network, EchoStar (NASDAQ:SATS) provides satellite communications, pay-TV services, wireless networks, and broadband solutions across consumer and enterprise markets. Why Do We Think SATS Will Underperform? Annual sales declines of 6.3% for the past two years show its products and services struggled to connect with the market during this cycle Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 6.8 percentage points Limited cash reserves may force the company to seek unfavorable financing terms that could dilute shareholders EchoStar's stock price of $28.61 implies a valuation ratio of 5.2x forward EV-to-EBITDA. Read our free research report to see why you should think twice about including SATS in your portfolio, it's free. Western Alliance Bancorporation (WAL) One-Month Return: +8.7% Operating through five distinct regional banking divisions across the western United States, Western Alliance Bancorporation (NYSE:WAL) provides commercial banking, treasury management, mortgage services, and specialized financial solutions through its banking divisions and subsidiaries. Why Does WAL Give Us Pause? Day-to-day expenses have swelled relative to revenue over the last four years as its efficiency ratio increased by 11.3 percentage points Performance over the past two years shows its incremental sales were much less profitable, as its earnings per share fell by 11.5% annually Annual interest expenses are high relative to its profits, increasing the probability of its failure to meet certain borrowing obligations At $81.20 per share, Western Alliance Bancorporation trades at 1.2x forward P/B. Dive into our free research report to see why there are better opportunities than WAL. F.N.B. Corporation (FNB) One-Month Return: +13.6% Tracing its roots back to 1864 during the Civil War era, F.N.B. Corporation (NYSE:FNB) is a diversified financial services holding company that provides banking, wealth management, and insurance services to consumers and businesses across seven states and Washington, D.C. Why Are We Cautious About FNB? Products and services are facing end-market challenges during this cycle, as seen in its flat sales over the last two years Net interest margin dropped by 27.3 basis points (100 basis points = 1 percentage point) over the last two years, implying the company's spreads fell as competitors entered the market Performance over the past two years shows each sale was less profitable, as its earnings per share fell by 7% annually F.N.B. Corporation is trading at $16.07 per share, or 0.9x forward P/B. Check out our free in-depth research report to learn more about why FNB doesn't pass our bar. High-Quality Stocks for All Market Conditions When Trump unveiled his aggressive tariff plan in April 2024, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Phone Arena
21-07-2025
- Business
- Phone Arena
EchoStar reportedly considers a deal with a Verizon MVNO to keep Boost alive
Having Boost Mobile replace Sprint as the nation's fourth-largest carrier was done to prevent consumers from having to pay higher prices for wireless service. Without that fourth major firm offering service, the remaining three can hike their prices without having that fourth competitor come in with lower prices. This is why the FCC demanded that a replacement for Sprint be chosen before it agreed to allow T-Mobile to close on the $26 billion transaction. It was no secret that Dish Network co-founder and current EchoStar Chairman Charles Ergen had long wanted to own a carrier, and the FCC was giving him an opportunity to make his dream come true. So Dish bought Boost, but customers weren't exactly rushing through the front doors. Dish started with the 9.3 million customers it acquired from Boost Mobile. During the first quarter of 2022, for example, Dish reported a net loss of 363,000 customers, leaving it with 8.5 million subscribers. The carrier's firm rate rose to 5,11% from 4.44% year-over-year. Boost has been criticized for being a prepaid carrier pretending to be a postpaid carrier. | Image credit-Unknown On the last day of 2023, EchoStar acquired Dish Network, and things have continued to go south for Boost Mobile, still owned by Dish, which is now an EchoStar subsidiary. As for Q1 2025, Boost Mobile had 7.2 million customers remaining. That means it had lost 22.6% of its customers since opening its doors for business. This past Friday, a report said that Ergen might be looking to start a turnaround for Boost by combining it with MobileX. That's the business run by CEO Peter Adderton, who was one of the founders of Boost Mobile. The latter was successful and was subsequently sold to Nextel in 2003. At the time, Boost was adding 40,000 net new subscribers each month. Two years later, Sprint acquired Nextel which is how Sprint ended up with Boost Mobile before it sold to Dish Networks on July 1, 2020. FCC Commissioner Brandon Carr has been after EchoStar over two issues. One is whether the 5G build-out requirements that the FCC placed on Dish when it acquired Boost were being met by EchoStar, and the other issue is whether EchoStar is using the 2GHz airwaves that it has. It seems that SpaceX wants that spectrum for its satellite to cellphone service because it is superior to the airwaves that it is currently using. EchoStar avoided a bankruptcy filing by making a $500 million interest payment on Debt near the end of June. Could a combination of MobileX and EchoStar help the latter turn around? The former uses AI to determine how much data a subscriber might need and sells it on a pay-as-you-go basis in many Walmart stores. MobileX is an MVNO that uses Verizon's wireless network. Adderton, the MobileX CEO who helped found Boost has criticized the Boost Mobile purchase by Dish. Wave7 Research principal Jeff Moore told Fierce Wireless, "My largest criticism of Boost is the fact it's a prepaid carrier that is pretending to be a postpaid carrier." He believes that Boost needs to build a postpaid presence, seeing that most of its stores are in areas where they serve prepaid customers. Moore says that Boost needs to promote its postpaid service and build more postpaid stores. Their Boost Infinite Access for iPhone and Infinite Access for Galaxy plans cost $65 a month and give you a new iPhone or Galaxy each year. While $65 per month is the cost for the base iPhone and Galaxy phone each year, you can pay more to select one of the pricier models. The plan also comes with talk, text, and data (including 30GB of premium data), global talk and text, and more. And every year, you get a new iPhone or Galaxy handset. If I ran Boost (and you know where to reach me guys!), I would promote the hell out of the Infinite Access plans. Getting a new iPhone or Galaxy smartphone each year should be a powerful incentive for consumers to become Boost customers.
Yahoo
06-07-2025
- Business
- Yahoo
Why EchoStar Rocketed 56.2% in June
President Trump intervened to try to broker a deal between EchoStar and the FCC. The FCC has been threatening to seize EchoStar's spectrum, saying its rollout of wireless services has been too slow. EchoStar bought some time from having to declare bankruptcy, but still has finalized a deal yet. 10 stocks we like better than EchoStar › Shares of EchoStar Corporation (NASDAQ: SATS) rocketed 56.2% higher in June, according to data from S&P Global Market Intelligence. EchoStar has been embroiled in a controversy with the Federal Communications Commission in the new administration, which has led to missed interest payments and the threat of bankruptcy. However, it appears President Trump intervened on EchoStar's behalf in June, extending the deadline for both parties to agree to a deal. Coming into the month, EchoStar's stock had fallen to distressed levels. That was to be expected; its core satellite TV business is declining, and its efforts to build a 5G mobile network that could rival the other major telecoms was going too slow for the government's liking. That led to a standoff with FCC Chair Brendan Carr, who had threatened to seize EchoStar's spectrum to sell to other companies. Amid the FCC review, EchoStar skipped interest payments on its debt, not knowing whether it would be able to continue building its mobile network. In mid-June, President Trump intervened, calling for a meeting between EchoStar CEO Charlie Ergen and Carr, and apparently telling the parties to come to some sort of amicable deal. After the meeting, EchoStar made $500 million in interest payments it owed before the 30-day grace period was up, buying the company more time to make a deal with the FCC. That being said, EchoStar decided to skip its $114 million interest payment due on July 1, starting another 30-day grace period before the company is technically in default. Given its depressed stock price, it's no surprise to see a big gain when bankruptcy was avoided, and with President Trump seemingly having the company's back. That being said, the company isn't out of the woods. EchoStar still has a massive $26 billion debt load and about $24 billion in net debt, and the success of its potential wireless business is still very much in doubt. As such, it's probably best for investors to stay on the sidelines, especially since the stock has surged to a much higher valuation. 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 $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% 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 30, 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 Rocketed 56.2% in June was originally published by The Motley Fool
