EchoStarNASDAQ: SATS

Launch of Exchange Offers Satisfies Key Milestone in Implementation of EchoStar's Balance Sheet Optimization Transactions and Increased Support from Existing Stakeholders Now Representing Over 90% of DISH's Approximately $5 Billion of Existing Convertible Notes Satisfies Minimum Tender Condition ENGLEWOOD, Colo. , Oct. 10, 2024 /PRNewswire/ -- EchoStar Corporation (Nasdaq: SATS) ("EchoStar"), a global, fully integrated communication and content delivery leader and provider of technology, spectrum, engineering, manufacturing, networking services, television entertainment and connectivity, today announced that it has commenced offers to exchange (the "exchange offers") (i) any and all of the 0% Convertible Notes due 2025 (the "DISH Network 2025 Notes") issued by its subsidiary DISH Network Corporation ("DISH") and (ii) any and all of the 3.375% Convertible Notes due 2026 issued by DISH (the "DISH Network 2026 Notes," and together with the DISH Network 2025 Notes, the "Existing DISH Notes"), for the applicable principal amount of 6.75% Senior Secured Notes due 2030 (the "EchoStar Exchange Notes") and 3.875% Convertible Secured Notes due 2030 (the "EchoStar Convertible Notes" and together with the EchoStar Exchange Notes, the "EchoStar Notes") to be issued by EchoStar set forth in the table below, in each case, pursuant to the terms described in a preliminary prospectus and consent solicitation statement, dated October 10, 2024 (the "Preliminary Exchange Offer Prospectus").

Partnership Enables Satellite Coverage Across Europe, Facilitating Personal Connectivity and Addressing the Digital Divide in Remote and Off-Grid Regions DUBLIN and COIMBRA, Portugal , Oct. 8, 2024 /PRNewswire/ -- EchoStar Mobile, a leader in satellite communications, and Connected, a startup dedicated to delivering universal, cost-effective narrowband connectivity from space, have announced a strategic partnership to revolutionize off-grid connectivity. This collaboration introduces Connected One, a cutting-edge IoT solution that leverages EchoStar's satellite technology to bridge connectivity gaps in remote and underserved regions, ensuring users stay connected and safe, even when venturing off the grid.

Bill Morrow, DirecTV CEO, joins 'Squawk on the Street' to discuss why DirecTV completed its recent deal with EchoStar, why the antitrust view of this deal has changed, and much more.

DirecTV has today announced that it will acquire Dish for just $1.

DirecTV and Dish Network are merging in a $10 billion deal that would create the nation's largest pay-TV provider. Transcript: Conway Gittens: It was a skittish stock market Monday but for the Dow and the S&P 500, September marked the 10th monthly gain out of the last 11.

Pre-market futures are down this morning following a modest up-week across major indexes. Nothing major at this hour — it looks like a slight roll-back ahead of a new Jobs Week, which gets underway tomorrow.

CNBC's Andrew Ross Sorkin reports on the latest news.

DirecTV said Monday it has agreed to acquire Dish Network from EchoStar. The merger would create one of the US' largest pay-TV provider.

Agreement to sell DISH DBS to DIRECTV refocuses portfolio on growing wireless and satellite connectivity markets Raises $5.1 billion of capital from existing stakeholders for investment in nationwide 5G Open RAN network and other general corporate purposes  Funds near-term maturity and significantly reduces refinancing needs in the next 24-36 months  Provides access to approximately $1.5 billion of DISH Pay-TV cash flow pending closing of DISH DBS sale 1 Conference call for EchoStar investors at 8:30 am ET Monday Sept 30th ENGLEWOOD, Colo. , Sept. 30, 2024 /PRNewswire/ -- EchoStar Corporation ("EchoStar"), a global, fully integrated communication and content delivery leader and provider of technology, spectrum, engineering, manufacturing, networking services, television entertainment and connectivity, today announced a suite of transformative transactions, including: an agreement to sell DISH DBS Corporation ("DBS") (its Pay-TV business, which includes Sling TV) to DIRECTV creating a combined company that will be better positioned to invest in its services and negotiate with programmers for the content that consumers demand, delivering more choices and better value to its consumers; the receipt of approximately $2.5 billion in new financing from TPG Angelo Gordon and certain co-investors at DBS to address its November 2024 debt maturity and provide interim liquidity; various exchange offers to DBS bondholders providing the opportunity for its stakeholders to support the combination of the DBS and DIRECTV business and roll into the attractive combined credit; a comprehensive financing solution and balance sheet optimization transaction at EchoStar through: a Transaction Support Agreement with certain holders (the "DISH Supporting Investors") of its subsidiary DISH Network Corporation's 0% convertible notes due 2025 (the "2025 Notes") and 3.375% convertible notes due 2026 (the "2026 Notes" and, together with the 2025 Notes, the "DISH Convertible Notes") providing for the exchange of DISH Convertible Notes for new EchoStar secured notes maturing in 2030; and a Commitment Agreement with certain of the DISH Supporting Investors to invest $5.1 billion of new capital in EchoStar through the purchase of EchoStar secured notes maturing in 2029.