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EchoStar Corporation

EchoStar Corporation (SATS)

103.915
0.00
(0.00%)
Closed July 01 3:00PM
0.00
0.00
(0.00%)
After Hours: -

EchoStar Corporation (SATS) Options

Calls

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Puts

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SATS Discussion

View Posts
iHub News iHub News 3 weeks ago
Space Stocks Rally After SpaceX Sets Record IPO Price at $135 Per ShareJune 12, 2026 6:23 AM
IH Market News SpaceX (NASDAQ:SPCX) confirmed on Thursday that it had priced its landmark initial public offering at $135 per share, raising $75 billion in what has become the largest IPO ever completed in the United States. The Elon Musk-led company sold 555.56 million shares, giving the rocket, satellite and spacecraft group an implied valuation of approximately $1.77 trillion based on 13.08 billion shares outstanding. Historic Valuation Places SpaceX Among Market Giants The valuation establishes a new record for an initial public offering and immediately places SpaceX among the largest publicly traded companies in America. When trading begins on Nasdaq on Friday, the company is expected to rank as the seventh-largest listed business in the United States by market capitalisation. The valuation could increase further if underwriters choose to exercise their option to sell additional shares, a decision that is typically made within 30 days of an IPO. At its debut valuation, SpaceX is worth more than several established corporate heavyweights, including JPMorgan Chase, Berkshire Hathaway, Eli Lilly, Meta Platforms and Musk’s electric vehicle manufacturer Tesla. The lofty valuation comes despite SpaceX reporting a loss last year and generating revenues that remain significantly below those of many other mega-cap companies. Sector Peers Gain Ahead of Market Debut Investor excitement surrounding the upcoming flotation lifted shares across the space and satellite sector in premarket trading. Satellite communications provider EchoStar (NASDAQ:SATS) rose more than 4%, while Viasat (NASDAQ:VSAT) gained 2.3%. AST SpaceMobile (NASDAQ:ASTS) advanced 5.8%, and Rocket Lab (NASDAQ:RKLB) climbed as much as 8% before the opening bell as traders positioned themselves ahead of SpaceX’s debut. The strong performance reflected broader optimism about the space industry and expectations that SpaceX’s market entrance could attract increased investor attention to the sector. IPO Smashes Previous Records The previous record for the largest IPO belonged to Saudi Aramco, which raised $25.6 billion during its 2019 market debut at a valuation of $1.71 trillion. Adjusted for inflation, Aramco’s offering generated approximately $33.2 billion and valued the company at around $2.21 trillion. Even so, SpaceX’s $75 billion fundraising effort comfortably surpasses all previous IPOs in terms of capital raised, establishing a new benchmark for public offerings. Starlink and Space Operations Drive Growth Story Founded in 2002, SpaceX says its mission is “to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.” The company stated that its launch operations have been responsible for more than four-fifths of all mass sent into orbit over the past three years, highlighting its dominant position within the commercial space industry. In addition to its launch business, SpaceX operates the Starlink satellite internet network, which serves customers across 164 countries, territories and markets worldwide. Starlink currently generates the majority of the company’s revenue and has become a key pillar of its long-term growth strategy. Strong Retail and Institutional Demand Underpins Offering SpaceX took an unconventional approach to its public listing by allocating 30% of the offering to retail investors and determining the IPO price before conducting the traditional roadshow process typically used to market new share offerings. Demand proved exceptionally strong across both retail and institutional investors. According to Bloomberg News, retail demand exceeded $100 billion, while institutional appetite was also substantial. The Wall Street Journal reported that BlackRock alone submitted an order worth approximately $5 billion. The overwhelming interest highlights investor confidence in Musk’s vision and reinforces expectations that SpaceX’s stock market debut will be one of the most closely watched trading events in recent years. SpaceX IPO EchoStar stock price ViaSat stock price AST SpaceMobile stock price Rocket Lab stock price Want to stay up-to-date on the SpaceX IPO? Find the top asked questions from investors and follow their every move here: https://invest.investorshub.com/spacex-ipo-watch/ Original: Space Stocks Rally After SpaceX Sets Record IPO Price at $135 Per Share
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iHub News iHub News 1 month ago
Rocket and satellite shares rally in premarket trade after SpaceX IPO filingMay 26, 2026 6:35 AM
IH Market News Shares of space and satellite companies surged in premarket trading on Tuesday, extending the sector’s recent rally following SpaceX’s public filing for what is expected to become the largest initial public offering ever launched. Redwire (NYSE:RDW) climbed 15% ahead of the opening bell, while MDA Space (NYSE:MDA) advanced 13%. Aerospace and satellite firms extend sector momentum Firefly Aerospace (NASDAQ:FLY) gained 11% in premarket activity, while Intuitive Machines (NASDAQ:LUNR) rose 8.6%. Meanwhile, AST SpaceMobile (NASDAQ:ASTS) added 6.4%, and both York Space Systems (NYSE:YSS) and Voyager Technologies (NYSE:VOYG) moved 7.5% higher. Shares of Satellogic (NASDAQ:SATL) gained 5.2%, while EchoStar (NASDAQ:SATS) rose 4.2%. SpaceX filing continues to fuel investor enthusiasm The broader sector has been gaining momentum since SpaceX officially filed for its anticipated IPO, an event widely expected to become the largest stock market debut on record. Redwire Corporation stock price MDA Space stock price Firefly Aerospace stock price Intuitive Machines stock price AST SpaceMobile stock price York Space Systems stock price Voyager Technologies stock price Satellogic stock price EchoStar stock price Original: Rocket and satellite shares rally in premarket trade after SpaceX IPO filing
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US Market News US Market News 1 month ago
SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on ItMay 21, 2026 12:07 PM
PR Newswire (Canada) Issued on behalf of Starfighters Space, Inc.CAPE CANAVERAL, Fla., May 21, 2026 /CNW/ -- Equity Insider News Commentary — The looming SpaceX IPO has done something that almost no other capital markets event in a decade has managed: it has made the space sector mainstream investible. A Yahoo Finance segment that ran yesterday with ETF.com president Dave Nadig laid out the case directly, walking through the ETFs and broader public space exposure that stand to benefit from what is shaping up to be the largest IPO in history. Multiple ETF issuers are already gearing up. [1] SpaceX confidentially filed its S-1 with the SEC on April 1, 2026, and its public registration is expected to land on EDGAR between May 18 and May 22. The targeted June Nasdaq listing aims to raise as much as US$75 billion at a US$1.75 trillion valuation. [2] That alone reshapes the comparable set for every publicly traded space name in the market today.The sector backdrop is more than just one IPO. NASA announced a new Moon Base initiative in March. The Trump administration's Golden Dome missile defense program is in full procurement. The Department of War has expanded its hypersonic test budget. Commercial space stations, lunar landers, and microgravity research platforms — work that until recently lived inside a small handful of government programs — are now being executed by publicly traded companies posting record backlogs. Against that wave, one NYSE American–listed operator at Cape Canaveral made a move yesterday that drops it directly into a federal procurement opening.A NASA RFI, a Falcon 50, and a Capability the U.S. Has Gone WithoutStarfighters Space, Inc. (NYSE American: FJET) — the operator of what its own filings describe as the world's fastest fleet of commercial supersonic aircraft — announced a signed Memorandum of Understanding with Mu-G Technologies, LLC and a joint response to a NASA Armstrong Flight Research Center Request for Information for Parabolic Flight Services. The RFI targets companies that can rebuild the country's commercial microgravity capability — a capability the U.S. has gone without since the last domestic operator exited the market. [3]Under the MOU, Starfighters will host Mu-G's Dassault Falcon 50 at the Midland International Air & Space Port in Texas, where the aircraft will be modified to conduct parabolic test flights and worked through FAA certification. Starfighters provides ground support, chase plane and data collection, expert pilot integration, and safety and regulatory alignment. [3]The combined offering covers four flight environments at one site: microgravity from the Falcon 50, reduced gravity and hyper-gravity from the same parabolic profiles, and the supersonic regime from Starfighters' F-104s. The NASA RFI specifically asks for "novel or non-traditional flight platforms." [3]Microgravity research is increasingly where real commercial work happens. Pharma and biotech companies use the absence of gravity-driven sedimentation to grow purer protein crystals and study drug mechanisms. Materials scientists use reduced gravity to study how alloys solidify without convection currents. Defense and aerospace engineers use parabolic profiles to test sensors, fluid systems, and components before committing to a launch. U.S. researchers who need that environment today have to look overseas or wait — exactly the gap NASA is asking industry to fill.Starfighters CEO Tim Franta and Mu-G founder Robert S. Ward have known each other for nearly thirty years through the Space Coast aerospace community. Franta took over as CEO in February 2026. [4] Starfighters already flies revenue missions for Lockheed Martin, Space Florida, and the U.S. Air Force Research Laboratory. [5] On May 7, it added two senior Blue Origin engineers to lead STARLAUNCH operations. [6]Four Other Names Riding the Same WaveKarman Holdings Inc. (NYSE: KRMN) — A leader in critical next-generation system solutions for space, hypersonics, and missile defense. On May 12, Karman reported record Q1 2026 revenue of US$151.2 million, up 51.0% year-over-year, with record quarterly adjusted EBITDA of US$44.8 million (29.6% margin) and a record backlog of US$1.0 billion, up 61% year-over-year. The Space and Launch segment led growth at US$43.9 million, with the company introducing a new Maritime Defense Systems end market in the quarter. Management raised full-year 2026 guidance to US$720–US$735 million in revenue and US$208.5–US$219.5 million in adjusted EBITDA. [7][8]MDA Space Ltd. (NYSE: MDA) — A trusted mission partner to the global space industry, dual-listed on the NYSE and TSX. On May 7, MDA Space reported Q1 2026 revenue of CAD$464 million, up 32% year-over-year, with a backlog of CAD$3.7 billion providing visibility into 2026 and beyond. The company ended the quarter with a CAD$299 million net cash position and CAD$1.2 billion in total liquidity. In April, MDA launched MDA MIDNIGHT™, a space-control platform aimed at protecting critical orbital infrastructure, while in March it announced a Canadian Defence Investment Agency contract for three Ground-Based Optical observatories. CEO Mike Greenley cited a CAD$40 billion pipeline across commercial and government customers. [9]EchoStar Corporation (Nasdaq: SATS) — Holds an equity stake in SpaceX acquired through prior spectrum transactions, now widely flagged as one of the most direct public proxies for the SpaceX IPO repricing thesis. On May 11, EchoStar reported Q1 2026 revenue of US$3.67 billion and confirmed that the FCC's Wireless Telecommunications Bureau and Space Bureau approved its approximately US$40 billion sale of wireless spectrum to AT&T and SpaceX, with EchoStar to continue operating Boost Mobile via an MVNO partnership. [10][11] On May 13, New Street Research initiated coverage with a Buy rating and a US$161 price target, calling EchoStar "the SpaceX play, for now." [12]Viasat, Inc. (Nasdaq: VSAT) — A global satellite communications provider with annual revenue of approximately US$4.56 billion. Viasat is one of five companies awarded initial contracts under the U.S. Space Force's Protected Tactical SATCOM-Global (PTS-G) program, which carries a ceiling of US$4 billion in IDIQ value across awardees for resilient, anti-jam tactical communications. [13] On May 7, Viasat announced a cooperation agreement with activist investor Carronade Capital Management, adding two new independent directors to the Board's Strategic Review Committee. On May 13, New Street Research initiated coverage with a Buy rating and a US$100 price target, citing Viasat's defense communications position as a SpaceX-IPO-adjacent beneficiary. [12]The Bottom LineThe Yahoo Finance segment captured what the market has already started pricing: when the anchor of the entire ecosystem is going public at a US$1.75 trillion valuation, every publicly traded company that does real work in the same lane gets re-rated. Starfighters Space, Inc. (NYSE American: FJET) is one of the few publicly traded operators that owns a flying fleet of supersonic aircraft today, has revenue from blue-chip aerospace customers, and is now in the running for a NASA-defined commercial microgravity capability that does not currently exist domestically. The Mu-G MOU is the next concrete step. As always, investors should do their own research and consult a qualified financial advisor before making any decision.For more information on Starfighters Space, Inc., visit: https://equity-insider.com/fjet-landingContact:
Equity Insider
info @therooster-2873Sources:[1] https://finance.yahoo.com/video/spacex-ipo-set-bolster-space-180000761.html
[2] https://www.ibtimes.com/spacex-files-largest-ipo-ever-while-absorbing-494-billion-loss-its-xai-merger-3802915
[3] https://ir.starfightersspace.com/news-events/press-releases
[4] https://www.stocktitan.net/sec-filings/FJET/8-k-starfighters-space-inc-reports-material-event-3234f73ec472.html
[5] https://finance.yahoo.com/news/starfighters-space-demonstrates-commercial-supersonic-130000515.html
[6] https://finance.yahoo.com/sectors/technology/articles/starfighters-space-adds-blue-origin-130000983.html
[7] https://www.sec.gov/Archives/edgar/data/0002040127/000119312526219495/krmn-ex99_1.htm
[8] https://www.stocktitan.net/sec-filings/KRMN/8-k-karman-holdings-inc-reports-material-event-0e4e3b7a2b1a.html
[9] https://www.sec.gov/Archives/edgar/data/0001857047/000110465926056789/tm2613608d3_ex99-1.htm
[10] https://stockanalysis.com/stocks/sats/
[11] https://blockonomi.com/echostar-sats-stock-surges-on-spacex-ipo-speculation-and-40b-fcc-spectrum-deal/
[12] https://stocktwits.com/news-articles/markets/equity/spacex-ripple-effect-rklb-sats-vsat-top-space-stock-bets/cZX1hH7Re1b
[13] https://www.investing.com/news/company-news/viasat-secures-contract-for-us-space-force-satellite-program-93CH-4277193DISCLAIMER / DISCLOSURE:Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed by USA News Group on behalf of MIQ. MIQ has been paid a fee for Starfighters Space, Inc. advertising and digital media from Creative Direct Marketing Group ("CDMG"). There may be 3rd parties who may have shares of Starfighters Space, Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. The owner/operator of MIQ currently owns shares of Starfighters Space, Inc. that were purchased in the open market and reserves the right to buy and sell, and will buy and sell shares of Starfighters Space, Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company; no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been reviewed and approved on behalf of Starfighters Space, Inc. by CDMG; this is a digital media distribution.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.FORWARD-LOOKING STATEMENTS:This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that demand for U.S. aerodynamic and hypersonic test infrastructure will continue to accelerate; that Starfighters Space, Inc.'s F-104 platform will provide testing capabilities at the cadence and conditions described; that the Company's expansion to Midland, Texas will proceed as planned; that the Company will retain and grow its existing customer base; that comparable companies will perform as expected. The forward-looking information contained herein is provided for the purpose of assisting the reader to understand the Company's business, however such information may not be appropriate for other purposes. Risks that could change or prevent these statements from coming to fruition include changing governmental laws and policies; the Company's ability to obtain and retain necessary licensing; political and competitive risks; failure of forecasts and assumptions to come to fruition; and other unforeseen circumstances. The publisher of this article does not take responsibility for the accuracy of any statements made by the issuing company or its representatives. Readers are cautioned not to place undue reliance on these forward-looking statements, and the publisher undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.Logo: https://mma.prnewswire.com/media/2840019/5982425/Equity_Insider_Logo.jpg  View original content to download multimedia:https://www.prnewswire.com/news-releases/spacexs-trillion-dollar-ipo-is-turning-the-space-sector-into-the-trade-of-2026--here-are-five-names-already-moving-on-it-302778910.htmlSOURCE Equity Insider Original: SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on It
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iHub News iHub News 2 months ago
EchoStar (SATS) Reports Mixed First-Quarter Results as Subscriber Losses PersistMay 11, 2026 9:46 AM
IH Market News EchoStar Corporation (NASDAQ:SATS) reported mixed first-quarter earnings on Monday, with revenue slightly ahead of expectations while earnings missed analyst forecasts as the company continued to face pressure from declining subscriber numbers across several business segments.Shares of the satellite and wireless services provider rose 1.26% in premarket trading following the release. Revenue Tops Estimates but Losses Remain For the quarter ended March 31, EchoStar posted a loss of $0.51 per share, wider than analyst expectations for a loss of $0.47 per share.Quarterly revenue came in at $3.67 billion, narrowly exceeding the consensus estimate of $3.65 billion. However, total revenue declined 5.2% year-over-year from $3.87 billion reported in the first quarter of 2025.Net loss attributable to EchoStar improved compared with the prior-year period, narrowing to $146.89 million from $202.67 million a year earlier. Pay-TV Business Continues to Lose Subscribers EchoStar’s Pay-TV segment generated revenue of $2.29 billion during the quarter, down from $2.54 billion in the same period last year.The company reported a net loss of approximately 366,000 pay-TV subscribers during the quarter.At the end of March, the segment had 6.63 million subscribers in total, including 4.84 million DISH TV customers and 1.79 million Sling TV subscribers. Wireless Growth Offsets Broadband Weakness The company’s Wireless division added 16,000 retail subscribers during the quarter, bringing the total wireless subscriber base to 7.53 million.Meanwhile, broadband subscriber numbers declined by 58,000, leaving the segment with 681,000 customers. Company Skips Earnings Conference Call EchoStar also announced that it will not hold a conference call to discuss quarterly results.Instead, the company said all financial disclosures and supporting materials would be made available through its investor relations website.EchoStar stock price Original: EchoStar (SATS) Reports Mixed First-Quarter Results as Subscriber Losses Persist
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US Market News US Market News 4 months ago
Sling TV and Professional Basketball Star Trae Young Team up to Support March Underdogs with $1 Day Pass Offer if a 12-to-16 Seed AdvancesMarch 11, 2026 7:00 AM
PR Newswire (US)

Sling's 1, 3 and 7 Day Pass subscriptions give fans the flexibility to watch the men's and women's tournaments when it matters to them.ENGLEWOOD, Colo., March 11, 2026 /PRNewswire/ -- Sling TV, the leader in flexible live streaming, is teaming up with basketball superstar Trae Young to champion the underdogs of college basketball. As tournament chaos nears, Sling is rewarding fans with a fun promotion that mirrors the excitement of every unexpected, bracket-busting upset.







Known as "Ice Trae" for his ability to deliver in high-pressure moments, Young has built a career on defying expectations and his underdog spirit. This March, he and Sling are inviting fans to lean into the madness with the newly launched 1, 3, and 7 Day Pass subscriptions, and a limited-time promotion that celebrates when tournament underdogs make a run."Our Passes are about redefining flexibility in live TV," said Seth Van Sickel, Senior Vice President, Sling TV. "Fans should have the flexibility to tune in for the biggest moments in sports when they want. With this underdog-driven offer, we're rewarding viewers for watching the tournament's most exciting surprises."The 'When Underdogs Win, You Win' PromotionBeginning March 19, fans who purchase any Sling Pass (1, 3, or 7 Day) subscription during the opening weekend will be eligible for a special reward if the underdogs make a run:To Qualify: Purchase a Pass between March 19 and March 22 or visit sling.com/underdog for a free entry, no purchase required.Root for the Underdogs: If any 12-to-16 seed advances to the final 16 in either the Men's or Women's tournament, eligible customers can claim their next 1 Day Pass for just $1.Redemption: Qualified fans will receive an email to redeem their $1 1-Day Pass, which they can redeem at any time all the way through the championship game on April 6. Flexible Access to UpsetsSling's new Pass subscriptions provide instant access to the most critical tournament channels, including TNT, TBS, ESPN, and ESPN2 via the Sling Orange service. Fans can also add the "Entertainment Extra" to access truTV or the "Sports Extra" for ESPNU and ESPNEWS for just $1.Sling Passes Subscription Pricing1 Day Pass: 24 hours of instant access for $4.993 Day Pass: 72 hours of instant access for $9.997 Day Pass: 7 days of instant access for $14.99For more information on Sling TV and the tournament promotion, visit sling.com/underdog.About Sling TV
Sling TV is an Emmy® Award-winning live streaming TV service that provides more than 700 channels from today's most popular networks across its general market, Latino and international services. It is available on all major streaming devices, smart televisions, tablets, game consoles, computers and smartphones. Sling TV offers two general market streaming services, Sling Orange and Sling Blue, that collectively feature content from Disney/ESPN, FOX, NBC, AMC, A&E, AXS, Discovery, Scripps, Turner, Viacom, NBA TV, NFL Network, NHL Network, GSN, Hallmark, SHOWTIME, STARZ and MGM+. Sling TV offers customers access to free content via Sling Freestream, à la carte channels and services, plus Pay-Per-View events and movies on-demand. Sling TV provides a suite of stand-alone and add-on Spanish-language services and packages tailored to English-dominant, bilingual and Spanish-dominant U.S. households. Sling TV is the leading U.S. provider of foreign-language programming, with more than 400 channels in 27 languages. Visit sling.com for more information. Sling TV L.L.C. is an indirect wholly-owned subsidiary of EchoStar Corporation (NASDAQ: SATS).










View original content to download multimedia:https://www.prnewswire.com/news-releases/sling-tv-and-professional-basketball-star-trae-young-team-up-to-support-march-underdogs-with-1-day-pass-offer-if-a-12-to-16-seed-advances-302710229.htmlSOURCE EchoStar Corporation

Original: Sling TV and Professional Basketball Star Trae Young Team up to Support March Underdogs with $1 Day Pass Offer if a 12-to-16 Seed Advances
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US Market News US Market News 4 months ago
Gray Media Forces Blackout of 226 Local Channels, Disrupting DISH TV Customers NationwideMarch 10, 2026 6:55 PM
PR Newswire (US)

ENGLEWOOD, Colo., March 10, 2026 /PRNewswire/ -- Following Gray Media's decision to black out its local stations from the DISH TV lineup, 226 channels in 113 markets are currently unavailable to DISH customers. Gray Media chose to disconnect these stations—which provide critical local news, sports, and weather—after DISH refused to accept unreasonable rate increases that would have raised monthly bills for consumers.







Why Are Channels Missing?
Gray Media is utilizing its market dominance to demand "retransmission consent" fee hikes that are disconnected from the reality of declining viewership and the availability of free and low-cost streaming alternatives. Gray Media also introduced "last-minute" demands regarding stations they don't yet own, stalling negotiations just hours before expiration. DISH remains ready to restore these channels immediately if Gray Media agrees to a fair, market-based deal."It is deeply disappointing that Gray Media is using its viewers as bargaining chips," said Kevin Covell, Senior Vice President, DISH Video Services. "We offered a fair agreement to keep these stations on the air, but Gray Media walked away. Gray Media chose to black out their own viewers, rather than reasonably negotiate, in an attempt to extract significantly higher fees."Key Facts for Affected Viewers:Total Impact: 226 local stations in 113 markets across the U.S.Negotiation Status: DISH remains willing to negotiate; Gray Media has currently blacked out its stations, disconnecting millions of viewers from local news, sports, and weather.Customer Protection: DISH is fighting to keep monthly costs stable by resisting significant rate increases for content that is often available for free elsewhere.How to Access Programming
DISH is committed to helping customers find alternative ways to access their local programming during this blackout:Over-the-Air (OTA) Antenna: Most affected channels are broadcast for free over the air. Customers can use a digital antenna to directly access these channels.Streaming Options: Many local network programs are available via direct-to-consumer apps like Peacock, Paramount+, FOX One or network-specific streaming sites.Updates: DISH customers can visit DISHPromise.com for more information."Our goal remains unchanged: to reach a deal that is fair for our customers," Covell added. "We hope they will return to the negotiation table."Gray Media's action affects viewers of various ABC, CBS, FOX, NBC, CW, MyNetworkTV, Telemundo and other stations in 113 markets nationwide.DISH customers can visit DISHPromise.com for more information.About DISH
DISH Network has served as a disruptive force, driving innovation and value on behalf of consumers. The company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming SLING TV services. In 2020, the company became a nationwide U.S. wireless carrier through the acquisition of Boost Mobile. DISH Network is a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS).



View original content to download multimedia:https://www.prnewswire.com/news-releases/gray-media-forces-blackout-of-226-local-channels-disrupting-dish-tv-customers-nationwide-302710147.htmlSOURCE EchoStar Corporation

Original: Gray Media Forces Blackout of 226 Local Channels, Disrupting DISH TV Customers Nationwide
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US Market News US Market News 4 months ago
Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600March 6, 2026 6:39 PM
PR Newswire (US)

NEW YORK, March 6, 2026 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices:
NAPCO Security Technologies Inc. (NASD: NSSC) will replace Alexander & Baldwin Inc. (NYSE: ALEX) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, March 13. An investor group comprised of MW Group and funds affiliated with DivcoWest and Blackstone Real Estate is acquiring Alexander & Baldwin in a deal that is expected to close soon, pending final closing conditions.The following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 will take effect before the market opens on Monday, March 23, as part of the quarterly rebalance. The changes ensure that each index is more representative of its market–capitalization range. The companies being removed from the S&P SmallCap 600 are no longer representative of the small–cap market space.Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective
DateIndex Name       ActionCompany NameTickerGICS SectorMar 13, 2026S&P SmallCap 600AdditionNAPCO Security Technologies NSSC Information Technology Mar 13, 2026S&P SmallCap 600DeletionAlexander & Baldwin  ALEX Real EstateMar 23, 2026S&P 100AdditionMicron TechnologyMU Information Technology Mar 23, 2026S&P 100AdditionLam ResearchLRCX Information Technology Mar 23, 2026S&P 100AdditionApplied MaterialsAMAT Information Technology Mar 23, 2026S&P 100AdditionGE VernovaGEV Industrials Mar 23, 2026S&P 100DeletionPayPal HoldingsPYPL Financials Mar 23, 2026S&P 100DeletionAmerican Intl GroupAIG Financials Mar 23, 2026S&P 100DeletionMetlifeMET Financials Mar 23, 2026S&P 100DeletionTargetTGT Consumer Staples Mar 23, 2026S&P 500AdditionVertiv HoldingsVRTIndustrialsMar 23, 2026S&P 500AdditionLumentum Holdings LITEInformation TechnologyMar 23, 2026S&P 500AdditionCoherentCOHRInformation TechnologyMar 23, 2026S&P 500AdditionEchoStarSATSCommunication ServicesMar 23, 2026S&P 500DeletionMatch Group MTCHCommunication ServicesMar 23, 2026S&P 500DeletionMolina HealthcareMOHHealth CareMar 23, 2026S&P 500DeletionLamb Weston Holdings LWConsumer StaplesMar 23, 2026S&P 500DeletionPaycom Software PAYCIndustrialsMar 23, 2026S&P MidCap 400AdditionSolstice Advanced Materials SOLSMaterialsMar 23, 2026S&P MidCap 400AdditionSiTime SITMInformation TechnologyMar 23, 2026S&P MidCap 400AdditionMoog MOG.AIndustrialsMar 23, 2026S&P MidCap 400AdditionInterDigital IDCCInformation TechnologyMar 23, 2026S&P MidCap 400AdditionVicor VICRIndustrialsMar 23, 2026S&P MidCap 400AdditionCareTrust REIT CTREReal EstateMar 23, 2026S&P MidCap 400DeletionLumentum Holdings LITEInformation TechnologyMar 23, 2026S&P MidCap 400DeletionCoherent COHRInformation TechnologyMar 23, 2026S&P MidCap 400DeletionEchoStar SATSCommunication ServicesMar 23, 2026S&P MidCap 400DeletionZoomInfo Technologies GTMCommunication ServicesMar 23, 2026S&P MidCap 400DeletionASGN ASGNInformation TechnologyMar 23, 2026S&P MidCap 400DeletionKemper KMPRFinancialsMar 23, 2026S&P SmallCap 600AdditionMatch Group MTCHCommunication ServicesMar 23, 2026S&P SmallCap 600AdditionMolina HealthcareMOHHealth CareMar 23, 2026S&P SmallCap 600AdditionLamb Weston Holdings LWConsumer StaplesMar 23, 2026S&P SmallCap 600AdditionPaycom Software PAYCIndustrialsMar 23, 2026S&P SmallCap 600AdditionVSE VSECIndustrialsMar 23, 2026S&P SmallCap 600AdditionArgan AGXIndustrialsMar 23, 2026S&P SmallCap 600AdditionRithm Capital RITMFinancialsMar 23, 2026S&P SmallCap 600AdditionLyft LYFTIndustrialsMar 23, 2026S&P SmallCap 600AdditionLaureate Education LAURConsumer DiscretionaryMar 23, 2026S&P SmallCap 600AdditionLife Time Group Holdings LTHConsumer DiscretionaryMar 23, 2026S&P SmallCap 600AdditionLife360 LIFInformation TechnologyMar 23, 2026S&P SmallCap 600AdditionSphere EntertainmentSPHRCommunication ServicesMar 23, 2026S&P SmallCap 600AdditionZoomInfo Technologies GTMCommunication ServicesMar 23, 2026S&P SmallCap 600AdditionASGNASGNInformation TechnologyMar 23, 2026S&P SmallCap 600AdditionKemper KMPRFinancialsMar 23, 2026S&P SmallCap 600DeletionSolstice Advanced Materials SOLSMaterialsMar 23, 2026S&P SmallCap 600DeletionSiTimeSITMInformation TechnologyMar 23, 2026S&P SmallCap 600DeletionMoog MOG.AIndustrialsMar 23, 2026S&P SmallCap 600DeletionInterDigital IDCCInformation TechnologyMar 23, 2026S&P SmallCap 600DeletionVicor CorpVICRIndustrialsMar 23, 2026S&P SmallCap 600DeletionCareTrust REIT CTREReal EstateMar 23, 2026S&P SmallCap 600DeletionDave & Buster's Entertainment PLAYConsumer DiscretionaryMar 23, 2026S&P SmallCap 600DeletionSunCoke Energy SXCMaterialsMar 23, 2026S&P SmallCap 600DeletionAH Realty Trust AHRTReal EstateMar 23, 2026S&P SmallCap 600DeletionSummit Hotel Properties INNReal EstateMar 23, 2026S&P SmallCap 600DeletionKKR Real Estate Finance Trust KREFFinancialsMar 23, 2026S&P SmallCap 600DeletionBloomin' Brands BLMNConsumer DiscretionaryMar 23, 2026S&P SmallCap 600DeletionMyriad Genetics MYGNHealth CareMar 23, 2026S&P SmallCap 600DeletionCars.com CARSCommunication ServicesMar 23, 2026S&P SmallCap 600DeletionANGI ANGICommunication ServicesABOUT S&P DOW JONES INDICESS&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.FOR MORE INFORMATION:S&P Dow Jones Indices
index_services@spglobal.comMedia Inquiries
spdji.comms@spglobal.com



View original content:https://www.prnewswire.com/news-releases/vertiv-holdings-lumentum-holdings-coherent-and-echostar-set-to-join-sp-500-others-to-join-sp-100-sp-midcap-400-and-sp-smallcap-600-302707297.htmlSOURCE S&P Dow Jones Indices

Original: Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600
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US Market News US Market News 4 months ago
Bloomberg 500 (B500) Index Adds Eleven Securities Following March ReconstitutionMarch 5, 2026 8:30 AM
PR Newswire (US)

NEW YORK, March 5, 2026 /PRNewswire/ -- Bloomberg Indices announced the following changes to the Bloomberg 500 (B500) Index effective prior to the open of trading on Thursday, March 12, 2026, to coincide with the March reconstitution of the index. The B500 contains the 500 most highly capitalized US companies weighted by float market cap, reflecting a market capitalization of $58.19 trillion.







AST SpaceMobile, Inc. (ASTS UW), Bloom Energy Corporation (BE UN), Ciena Corporation (CIEN UN), Coherent Corp.S (COHR UN), EchoStar Corporation (SATS UW), Flutter Entertainment PLC (FLUT UN), FTAI Aviation Ltd. (FTAI UW), Lumentum Holdings Inc. (LITE UW), Nebius Group N.V. (NBIS UW), Royal Gold, Inc. (RGLD UW), and Sandisk Corporation of Delaware (SNDK UW) will enter the index. These equities span a variety of sectors, but Technology is most represented amongst this set.Changes to the B500 Index reflect the results of a purely rules-based index design focused on measuring markets with transparency and representativeness beyond market capitalization alone. As a result, the B500 mitigates potential biases and systematically evaluates potential members, which may lead to earlier additions of qualified companies when compared to indices using a committee-based approach.Following is the list of membership changes:Index EventSecurity TickerCompany NameBICS SectorAdditionASTS UWAST SpaceMobile IncCommunicationsAdditionBE UNBloom Energy CorpIndustrialsAdditionCIEN UNCiena CorpTechnologyAdditionCOHR UNCoherent CorpTechnologyAdditionSATS UWEchoStar CorpCommunicationsAdditionFLUT UNFlutter Entertainment PLCConsumer DiscretionaryAdditionFTAI UWFTAI Aviation LtdIndustrialsAdditionLITE UWLumentum Holdings IncTechnologyAdditionNBIS UWNebius Group NVTechnologyAdditionRGLD UWRoyal Gold IncMaterialsAdditionSNDK UWSandisk Corp/DETechnologyDeletionALGN UWAlign Technology IncHealth CareDeletionARE UNAlexandria Real Estate Equities IncReal EstateDeletionBAH UNBooz Allen Hamilton Holding CorpTechnologyDeletionBAX UNBaxter International IncHealth CareDeletionBF/A UNBrown-Forman CorpConsumer StaplesDeletionBF/B UNBrown-Forman CorpConsumer StaplesDeletionBLDR UNBuilders FirstSource IncConsumer DiscretionaryDeletionBSY UWBentley Systems IncTechnologyDeletionCLX UNClorox Co/TheConsumer StaplesDeletionFDS UNFactSet Research Systems IncFinancialsDeletionNTNX UWNutanix IncTechnologyDeletionSNAP UNSnap IncCommunicationsDeletionSOLS UWSolstice Advanced Materials IncMaterialsDeletionUDR UNUDR IncReal EstateDeletionVSNT UWVersant Media Group IncCommunicationsDeletionZBRA UWZebra Technologies CorpTechnologyThe B500 is available to Terminal clients at {B500 INDEX }. All research and methodology for the indices are available at bloombergindices.com.About Bloomberg Index Services Limited
Bloomberg's index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. BISL takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products.About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo. 



View original content to download multimedia:https://www.prnewswire.com/news-releases/bloomberg-500-b500-index-adds-eleven-securities-following-march-reconstitution-302704048.htmlSOURCE Bloomberg L.P.

Original: Bloomberg 500 (B500) Index Adds Eleven Securities Following March Reconstitution
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US Market News US Market News 4 months ago
EchoStar Announces Financial Results for the Three and Twelve Months Ended December 31, 2025March 2, 2026 6:30 AM
PR Newswire (US)

ENGLEWOOD, Colo., March 2, 2026 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) reported 2025 total revenue of $15.00 billion, compared to $15.83 billion in 2024.







Net loss attributable to EchoStar in 2025 totaled $14.50 billion, compared to $119.55 million in 2024. The net loss in 2025 was primarily attributable to non-cash asset impairments and other expenses totaling approximately $17.63 billion. The net loss in 2024 was positively impacted by a noncash gain totaling approximately $689 million related to our debt exchange offer and the resulting debt extinguishment. Excluding the tax affected impact of the noncash adjustments for 2025 and 2024, the net loss attributable to EchoStar would have been approximately $1.05 billion and $664 million, respectively. Diluted loss per share was $50.41 in 2025, compared to $0.44 in 2024.Pay-TV
Net pay-TV subscribers decreased approximately 168,000 in the fourth quarter 2025, compared to a decrease of approximately 253,000 in the year-ago quarter.The company closed the quarter with 7.00 million pay-TV subscribers, including 5.02 million DISH TV subscribers and 1.98 million Sling TV subscribers.Retail Wireless
Retail wireless subscribers decreased by approximately 9,000 in the fourth quarter 2025, compared to an increase of 90,000 in the year-ago quarter.The company closed the quarter with 7.51 million retail wireless subscribers.Broadband and Satellite Services
Broadband subscribers decreased by approximately 44,000 in the fourth quarter 2025, compared to a decrease of 59,000 in the year-ago quarter.The company closed the quarter with 739,000 broadband subscribers.Set forth below is a table highlighting certain of EchoStar's segment results for the three and twelve months ended December 31, 2025 and 2024 (all U.S. GAAP amounts reference results from operations):

For the Three Months Ended
December 31,
For the Years Ended
December 31,






2025
2024
2025
2024


(in thousands)
Revenue












Pay-TV
$2,358,321
$2,667,311
$9,700,480
$10,688,204
Wireless

957,633

900,867

3,795,675

3,594,197
Broadband and Satellite Services

399,794

412,482

1,456,052

1,575,788
Other

95,782

48,457

294,823

156,702
Eliminations

(15,516)

(62,179)

(242,041)

(189,375)
Total
$3,796,014
$3,966,938
$15,004,989
$15,825,516














Net Income (loss) attributable to EchoStar
$(1,207,183)
$335,233
$(14,497,180)
$(119,546)














OIBDA












Pay-TV
$684,407
$800,771
$2,688,094
$2,985,285
Wireless

(66,045)

(150,531)

(377,519)

(324,799)
Broadband and Satellite Services

(1,148,564)

102,690

(1,202,759)

341,895
Other

(37,348)

(336,676)

(17,203,413)

(1,313,995)
Eliminations

689

(19,110)

(42,000)

(62,263)
Total
$(566,861)
$397,144
$(16,137,597)
$1,626,123














Adjusted OIBDA












Pay-TV
$684,407
$800,771
$2,688,094
$2,985,285
Wireless

(66,045)

(150,531)

(377,519)

(324,799)
Broadband and Satellite Services

99,294

102,690

327,223

341,895
Other

(134,663)

(336,676)

(1,101,384)

(1,313,995)
Eliminations

689

(19,110)

(42,000)

(62,263)
Total
$583,682
$397,144
$1,494,414
$1,626,123














Purchases of property and equipment, net of refunds, (including
capitalized interest related to regulatory authorizations)












Pay-TV
$49,074
$53,198
$288,595
$218,473
Wireless

35,848



35,848


Broadband and Satellite Services

24,394

40,498

144,949

212,581
Other

48,782

559,333

1,172,649

2,065,570


$158,098
$653,029
$1,642,041
$2,496,624
Reconciliation of GAAP to Non-GAAP Measurement:

Pay-TV
Wireless
Broadband and
Satellite
Services
Other
Eliminations
Consolidated
Total


For the Three Months Ended 
December 31, 2025
(In thousands)
Segment operating income (loss)
$626,858
$(115,316)
$(1,243,144)
$(48,864)
$735
$(779,731)
Depreciation and amortization

57,549

49,271

94,580

11,516

(46)

212,870
OIBDA

684,407

(66,045)

(1,148,564)

(37,348)

689

(566,861)
Impairments and other





1,247,858

(97,315)



1,150,543
Adjusted OIBDA
$684,407
$(66,045)
$99,294
$(134,663)
$689
$583,682




















For the Three Months Ended 
December 31, 2024













Segment operating income (loss)
$721,593
$(168,420)
$(7,645)
$(603,954)
$(4,264)
$(62,690)
Depreciation and amortization

79,178

17,889

110,335

267,278

(14,846)

459,834
OIBDA

800,771

(150,531)

102,690

(336,676)

(19,110)

397,144
Impairments and other












Adjusted OIBDA
$800,771
$(150,531)
$102,690
$(336,676)
$(19,110)
$397,144










































Pay-TV
Wireless
Broadband and
Satellite
Services
Other
Eliminations
Consolidated
Total


For the Year Ended 
December 31, 2025
(In thousands)
Segment operating income (loss)
$2,425,228
$(495,028)
$(1,607,404)
$(18,047,900)
$1,958
$(17,723,146)
Depreciation and amortization

262,866

117,509

404,645

844,487

(43,958)

1,585,549
OIBDA

2,688,094

(377,519)

(1,202,759)

(17,203,413)

(42,000)

(16,137,597)
Impairments and other





1,529,982

16,102,029



17,632,011
Adjusted OIBDA
$2,688,094
$(377,519)
$327,223
$(1,101,384)
$(42,000)
$1,494,414




















For the Year Ended 
December 31, 2024













Segment operating income (loss)
$2,647,954
$(477,991)
$(117,901)
$(2,353,915)
$(2,217)
$(304,070)
Depreciation and amortization

337,331

153,192

459,796

1,039,920

(60,046)

1,930,193
OIBDA

2,985,285

(324,799)

341,895

(1,313,995)

(62,263)

1,626,123
Impairments and other












Adjusted OIBDA
$2,985,285
$(324,799)
$341,895
$(1,313,995)
$(62,263)
$1,626,123
Note on Use of Non-GAAP Financial Measures OIBDA is defined as "Operating income (loss)" plus "Depreciation and amortization."Adjusted OIBDA is defined as "Operating income (loss)" plus "Depreciation and amortization" and "Impairments and other."OIBDA and Adjusted OIBDA, which are presented by segment above, are non-GAAP measures reconciled to "Operating income (loss)" and do not purport to be alternatives to operating income (loss) as a measure of operating performance. We believe OIBDA is useful to management, investors and other users of our financial information in evaluating operating profitability of our business segments on a more variable cost basis as it excludes the depreciation and amortization expenses related primarily to capital expenditures and acquisitions for those business segments, as well as in evaluating operating performance in relation to our competitors.We believe Adjusted OIBDA is useful to management, investors and other users of our financial information in evaluating operating profitability of our business segments as it excludes one-time, non-cash items that we do not consider to be reflective of our ongoing operating performance.EchoStar will host a conference call to discuss its earnings on Monday, March 2, 2026, at 11:00 a.m. Eastern Time. The conference call will be broadcast live in listen-only mode on EchoStar's investor relations website at ir.echostar.com. To attend the call, please dial: (877-484-6065) (U.S.) or (201) 689-8846. When prompted on dial-in, please utilize the conference ID (13758309) or ask for the "EchoStar Corporation Q4 and Full Year 2025 Earnings Conference Call." Please dial in at least 10 minutes before the call to ensure timely participation.About EchoStar Corporation
EchoStar Corporation (Nasdaq: SATS) is a premier provider of technology, networking services, television entertainment and connectivity, offering consumer, enterprise, operator and government solutions worldwide under its EchoStar®, Boost Mobile®, Sling TV, DISH TV, Hughes®, HughesNet®, HughesON™, and JUPITER™ brands. In Europe, EchoStar operates under its EchoStar Mobile Limited subsidiary and in Australia, the company operates as EchoStar Global Australia. For more information, visit www.echostar.com and follow EchoStar on X (Twitter) and LinkedIn.©2026 EchoStar. Hughes, HughesNet, DISH, and Boost Mobile are registered trademarks of one or more affiliate companies of EchoStar Corp.Safe Harbor Statement under the US Private Securities Litigation Reform Act of 1995
This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. When used in this release, the words "believe," "anticipate," "goal," "seek," "estimate," "expect," "intend," "project," "continue," "future," "will," "would," "can," "may," "plans," and similar expressions and the use of future dates are intended to identify forward–looking statements. Although management believes that the expectations reflected in these forward–looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made. We assume no responsibility for the accuracy of forward-looking statements or information or for updating forward-looking information or statements. These statements are subject to certain risks, uncertainties, and assumptions. See "Risk Factors" in EchoStar's Annual Report on Form 10-K for the period ended December 31, 2025 as filed with the Securities and Exchange Commission and in the other documents EchoStar files with the Securities and Exchange Commission from time to time.
ECHOSTAR CORPORATION


CONSOLIDATED BALANCE SHEETS


(Dollars in thousands, except share amounts)










As of  December 31,


2025
2024

Assets






Current Assets:




Cash and cash equivalents$1,883,074
$4,305,393

Current restricted cash, cash equivalents and marketable investment securities
175,838

150,898

Marketable investment securities
1,100,891

1,242,036

Trade accounts receivable, net of allowance for credit losses of $79,590 and
$82,628, respectively
1,273,849

1,198,731

Inventory
380,647

455,197

Prepaids and other assets
284,194

655,233

Other current assets
34,678

88,255

Total current assets
5,133,171

8,095,743









Noncurrent Assets:






Restricted cash, cash equivalents and marketable investment securities 
176,203

169,627

Property and equipment, net 
2,243,515

9,187,132

Regulatory authorizations, net
34,548,952

39,442,166

Other investments, net
194,046

202,327

Operating lease assets
214,549

3,260,768

Intangible assets, net 
54,413

74,939

Other noncurrent assets, net
451,506

505,985

Total noncurrent assets
37,883,184

52,842,944

Total assets$43,016,355
$60,938,687









Liabilities and Stockholders' Equity (Deficit)






Current Liabilities:






Trade accounts payable$541,706
$740,984

Deferred revenue and other
639,173

650,940

Accrued programming
1,224,222

1,339,072

Accrued interest
309,462

352,499

Other accrued expenses and liabilities
2,327,587

1,804,516

Current portion of debt, finance lease and other obligations
7,321,269

943,029

Total current liabilities
12,363,419

5,831,040









Long-Term Obligations, Net of Current Portion:






Long-term debt, finance lease and other obligations, net of current portion
18,658,602

25,660,288

Deferred tax liabilities, net
598,590

4,988,653

Operating lease liabilities 
4,137,269

3,211,407

Long-term deferred revenue and other long-term liabilities
1,446,477

1,002,074

Total long-term obligations, net of current portion
24,840,938

34,862,422

Total liabilities
37,204,357

40,693,462









Commitments and Contingencies














Stockholders' Equity (Deficit): 






Class A common stock, $0.001 par value, 1,600,000,000 shares authorized,
159,266,457 and 155,048,676 shares issued, 157,477,437 and 155,048,676 
shares outstanding, respectively
159

155

Class B common stock, $0.001 par value, 800,000,000 shares authorized,
131,348,468 shares issued and outstanding
131

131

Additional paid-in capital
8,875,937

8,768,360

Accumulated other comprehensive income (loss)
(183,188)

(195,711)

Accumulated earnings (deficit)
(2,878,743)

11,618,437

Treasury stock, at cost, 1,789,020 shares
(48,512)



Total EchoStar stockholders' equity (deficit)
5,765,784

20,191,372

Noncontrolling interests
46,214

53,853

Total stockholders' equity (deficit)
5,811,998

20,245,225

Total liabilities and stockholders' equity (deficit)$43,016,355
$60,938,687

 
ECHOSTAR CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS 

(Dollars in thousands, except per share amounts)











For the Years Ended December 31, 

2025
2024
2023
Revenue:








Service revenue$14,023,730
$14,956,126
$16,145,763
Equipment sales and other revenue
981,259

869,390

869,835
Total revenue
15,004,989

15,825,516

17,015,598










Costs and Expenses (exclusive of depreciation and amortization):








Cost of services
9,445,223

10,135,622

9,510,427
Cost of sales - equipment and other 
1,685,099

1,636,955

2,434,904
Selling, general and administrative expenses
2,380,253

2,426,816

2,989,154
Depreciation and amortization 
1,585,549

1,930,193

1,597,923
Impairments and other
17,632,011

-

761,099
Total costs and expenses
32,728,135

16,129,586

17,293,507










Operating income (loss)
(17,723,146)

(304,070)

(277,909)










Other Income (Expense):








Interest income
228,733

116,625

207,374
Interest expense, net of amounts capitalized
(1,521,713)

(481,622)

(90,357)
Other, net
122,812

593,497

(1,770,792)
Total other income (expense)
(1,170,168)

228,500

(1,653,775)










Income (loss) before income taxes
(18,893,314)

(75,570)

(1,931,684)
Income tax (provision) benefit, net
4,386,375

(48,945)

296,860
Net income (loss)
(14,506,939)

(124,515)

(1,634,824)
Less: Net income (loss) attributable to noncontrolling interests, net of tax
(9,759)

(4,969)

67,233
Net income (loss) attributable to EchoStar$(14,497,180)
$(119,546)
$(1,702,057)










Weighted-average common shares outstanding - Class A and B common
stock: 








Basic
287,589

274,079

270,842
Diluted
287,589

274,079

270,842










Earnings per share - Class A and B common stock:








Basic net income (loss) per share attributable to EchoStar$(50.41)
$(0.44)
$(6.28)
Diluted net income (loss) per share attributable to EchoStar$(50.41)
$(0.44)
$(6.28)
 

ECHOSTAR CORPORATION


CONSOLIDATED STATEMENTS OF CASH FLOWS


(In thousands)













For the Years Ended  December 31, 


2025
2024
2023
Cash Flows From Operating Activities:









Net income (loss)
$(14,506,939)
$(124,515)
$(1,634,824)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:









Depreciation and amortization

1,585,549

1,930,193

1,597,923
Impairments and other

17,632,011



761,099
Realized and unrealized losses (gains) and impairments on investments and other

(1,562)

73,217

(46,888)
Realized and unrealized losses (gains) on derivatives





1,693,387
Asset sales and other losses (gains)

(100,028)

(50,418)


EchoStar exchange offers debt extinguishment losses (gains)



(688,661)


Non-cash, stock-based compensation

36,272

36,383

51,514
Interest expense paid in kind on long-term debt 

95,120

30,439


Deferred tax expense (benefit)

(4,412,902)

28,281

(337,222)
Changes in allowance for credit losses

(3,038)

8,238

14,600
Change in long-term deferred revenue and other long-term liabilities

(50,654)

12,555

15,825
Other, net

60,359

151,299

(10,305)
Changes in operating assets and operating liabilities:









Trade accounts receivable

(28,546)

9,569

61,279
Prepaid and accrued income taxes

(10,431)

43,430

15,836
Inventory

59,368

189,648

(37,981)
Other operating assets and operating liabilities

7,895

(129,046)

95,741
Trade accounts payable

(130,828)

108,982

4,108
Deferred revenue and other

(11,313)

(103,718)

(78,555)
Accrued programming and other accrued expenses

(319,707)

(273,179)

267,110
Net cash flows from operating activities

(99,374)

1,252,697

2,432,647











Cash Flows From Investing Activities:









Purchases of marketable investment securities

(3,069,138)

(1,253,543)

(2,407,546)
Sales and maturities of marketable investment securities

3,228,293

573,031

3,710,544
Purchases of property and equipment

(965,730)

(1,544,877)

(3,100,921)
Refunds and other receipts of purchases of property and equipment





38,611
Capitalized interest related to regulatory authorizations

(676,311)

(951,747)

(1,162,473)
Proceeds from other debt investments





148,448
Purchases of regulatory authorizations, including deposits 



(1,104)

(2,009)
Sale of assets to CONX



26,719


Liberty Puerto Rico asset sale



95,435


Sale of Fiber business

47,207




Other, net

31,073

7,736

(33,386)
Net cash flows from investing activities

(1,404,606)

(3,048,350)

(2,808,732)











Cash Flows From Financing Activities:









Repayment of debt, finance lease and other obligations

(70,063)

(108,961)

(121,981)
Redemption and repurchases of debt

(974,037)

(2,933,714)

(1,643,469)
Proceeds from issuance of debt

150,000

7,886,000

1,500,000
Debt issuance costs and debt (discount) premium

(946)

(316,789)

21,635
Proceeds from issuance of PIPE shares



400,000


Early debt redemption gains (losses)

11,465



73,024
Class A common stock repurchases

(48,512)




Net proceeds from Class A common stock options exercised and stock issued under the Employee
Stock Purchase Plan

49,199

4,192

10,598
Purchase of SNR Management's ownership interest in SNR HoldCo



(441,998)


Purchase of Northstar Manager, LLC's ownership interest in Northstar Spectrum





(109,432)
Other, net

(27,419)

(5,153)

(7,496)
Net cash flows from financing activities 

(910,313)

4,483,577

(277,121)











Effect of exchange rates on cash and cash equivalents

2,644

(5,721)

3,004











Net increase (decrease) in cash, cash equivalents, restricted cash and cash equivalents

(2,411,649)

2,682,203

(650,202)
Cash, cash equivalents, restricted cash and cash equivalents, beginning of period

4,593,804

1,911,601

2,561,803
Cash, cash equivalents, restricted cash and cash equivalents, end of period
$2,182,155
$4,593,804
$1,911,601
 



View original content to download multimedia:https://www.prnewswire.com/news-releases/echostar-announces-financial-results-for-the-three-and-twelve-months-ended-december-31-2025-302700450.htmlSOURCE EchoStar Corporation

Original: EchoStar Announces Financial Results for the Three and Twelve Months Ended December 31, 2025
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US Market News US Market News 4 months ago
Preorder the Samsung Galaxy S26 Series Today and Receive Up To $1,000 Off with Boost MobileFebruary 25, 2026 1:00 PM
PR Newswire (US)

LITTLETON, Colo., Feb. 25, 2026 /PRNewswire/ -- Starting today, customers can preorder the all-new Samsung Galaxy S26 series – S26, S26+ and S26 Ultra – with a Boost Mobile Infinite Access for Galaxy plan. The offer features up to $1,000 in savings, making the latest in mobile innovation more accessible than ever.







"Boost Mobile is excited to bring Samsung's next generation of smartphones to our customers at an unbeatable value," said Sean Lee, SVP of Consumer Product and Marketing, Boost Mobile.Get Things DoneThe Samsung Galaxy S26 series has something for everyone – from helping with the little things in life and empowering you with advanced creative tools to anticipating1 what you need next and delivering superior privacy capabilities. The Samsung Galaxy S26 series has it all. The new phones empower creativity, deliver powerful performance with stunning, ultra-vivid viewing and provide you with the freedom to do whatever it is you need to do, better. Key FeaturesFast. Powerful. AI-ready: Power through your day with AI-accelerated performance from Samsung's fastest, smoothest and most powerful processor yet. Enjoy smooth gameplay when it matters most with performance that keeps you one move ahead.Remove the mess. Restore the magic2: Photo Assist with Galaxy AI3 enhances any shot in seconds. Add objects, restore details, reframe your photo or apply new styles – everything blends naturally with Galaxy AI.Creative Studio: From playful illustrations to 3D cartoons, add fun to your everyday moments – whether it's a special contact photo, an invitation or more4,5.Now Nudge with Galaxy AI: Stay in the moment and let Miracle do the heavy lifting. Now Nudge with Galaxy AI5 gets you information1 when you need it – and sometimes, before you even know you need it.About the Samsung Galaxy S26 seriesGalaxy S26 Ultra: The ultimate creative tool, the S26 Ultra features a 200MP main camera for ultra-detailed photos, 50 MP ultra-wide lens, and 10 MP telephoto lens. With a stunning 6.9" display and a powerful 5,000 mAh battery delivers the performance and vivid viewing you need for the ultimate mobile experience and even gives you the freedom to keep your screen private – whenever you choose.Galaxy S26+: Offering the same advanced camera system as the S26, the S26+ adds a vibrant 6.7" FHD+ along with a 4,900 mAh battery, making it ideal for streaming, multitasking, and photo editing on the go.Galaxy S26: Featuring a 50 MP main camera, 12 MP ultrawide lens, and 10 MP telephoto lens, the Galaxy S26 is perfect for everyday photography. With a 6.3" FHD+ flat display and 4,300 mAh battery, the Galaxy S26 brings every color to life with reliable all-day power.AvailabilityCustomers who preorder the Samsung Galaxy S26 series today at BoostMobile.com before March 11, will receive up to $1,000 in savings, without a trade-in required, when they sign up for Boost's Infinite Access for Galaxy plan.Preorders of the Samsung Galaxy S26+ and Galaxy S26 Ultra will receive $1,000 in savings that includes a memory upgrade from 256 GB to 512 GB of internal storage when they sign up for Boost's Infinite Access for Galaxy plan.Preorders of the Samsung Galaxy S26 will receive up to $800 in savings when they sign up for Boost's Infinite Access for Galaxy plan.Beginning March 11, the Samsung Galaxy S26 series will be available for purchase at BoostMobile.com where customers can receive up to $800 in savings, without trade-in required, when they sign up for Boost's Infinite Access for Galaxy plan.Boost Mobile retail stores will offer the Galaxy S26 series starting at just $399.99 when you port your eligible number to Boost and sign up for Boost's Unlimited Premium $60 rate plan. $35 device setup fee applies in store.For more information or to purchase, visit BoostMobile.com or stop by a local Boost Mobile retailer.New customers can also take advantage of Boost Mobile's 30-day money-back guarantee, giving you a chance to try its 5G service risk-free and experience its speed and reliability firsthand.About Boost Mobile
Boost Mobile offers the best value in wireless with simple, flexible and transparent plans starting at $25/mo. 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 a brand under EchoStar Corporation (NASDAQ: SATS).Auto suggestion should be enabled. For location information, location permission should be allowed.Requires Samsung account login and internet connection. Editing with Photo Assist results in a resized photo up to12MP.Galaxy AI basic features provided by Samsung are free. Any Samsung enhanced AI features and all third-party AI features are subject to different terms and may be subject to fees.Requires an internet connection / Samsung account login. Edited images may be resized and will have visible AI watermark. The accuracy and reliability of the generated output is not guaranteed.Galaxy AI basic features provided by Samsung are free. Any Samsung enhanced AI features and all third-party AI features are subject to different terms and may be subject to fees.



View original content to download multimedia:https://www.prnewswire.com/news-releases/preorder-the-samsung-galaxy-s26-series-today-and-receive-up-to-1-000-off-with-boost-mobile-302696633.htmlSOURCE EchoStar Corporation

Original: Preorder the Samsung Galaxy S26 Series Today and Receive Up To $1,000 Off with Boost Mobile
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US Market News US Market News 4 months ago
EchoStar Corporation Announces Conference Call for Fourth Quarter and Full Year 2025 Financial ResultsFebruary 23, 2026 7:00 AM
PR Newswire (US)

ENGLEWOOD, Colo., Feb. 23, 2026 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference to discuss its fourth quarter and full year 2025 financial results on Monday, March 2, 2026, at 11 a.m. Eastern Time (ET). The conference call will be broadcast live in listen-only mode on EchoStar's Investor Relations website.







To attend the call, please use the information below for dial-in access. When prompted on dial-in, please utilize the conference ID or ask for the "EchoStar Corporation Q4 and Full Year 2025 Earnings Conference Call."Participant conference numbers: (877) 484-6065 (U.S.) and (201) 689-8846
Conference ID: 13758309Please dial in at least 10 minutes before the call to ensure timely participation.Participants may also click here to sign in up to 15 minutes before the call starts to receive a phone call that automatically joins them to the earnings call when it begins.A live webcast will be available on EchoStar's Investor Relations website the day of the call. A webcast replay will also be available for 48 hours after the call.EchoStar will distribute its financial results prior to the call, which will also be posted to the Investor Relations website.About EchoStarEchoStar Corporation (Nasdaq: SATS) is a premier provider of technology, networking services, television entertainment and connectivity, offering consumer, enterprise, operator and government solutions worldwide under its EchoStar®, Boost Mobile®, Sling TV, DISH TV, Hughes®, HughesNet®, HughesON™, and JUPITER™ brands. In Europe, EchoStar operates under its EchoStar Mobile Limited subsidiary and in Australia, the company operates as EchoStar Global Australia. For more information, visit www.echostar.com and follow EchoStar on X (Twitter) and LinkedIn.©2026 EchoStar. Hughes, HughesNet, DISH, and Boost Mobile are registered trademarks of one or more affiliate companies of EchoStar Corp.



View original content to download multimedia:https://www.prnewswire.com/news-releases/echostar-corporation-announces-conference-call-for-fourth-quarter-and-full-year-2025-financial-results-302693935.htmlSOURCE EchoStar Corporation

Original: EchoStar Corporation Announces Conference Call for Fourth Quarter and Full Year 2025 Financial Results
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Dodger1 Dodger1 6 months ago
Communication is always important.. like you always think you have your hand on the key...then one little move...then it is erased...like you ask, how did that happen?
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tw0122 tw0122 7 months ago
SpaceX 
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findit findit 10 months ago
WASHINGTON, Sept 8 (Reuters) - Elon Musk's SpaceX said Monday it will buy wireless spectrum licenses from EchoStar (SATS.O), opens new tab for its Starlink satellite network for about $17 billion, a major deal crucial to expanding Starlink's nascent 5G connectivity business.
The companies also agreed to a deal that will enable EchoStar's Boost Mobile subscribers to access Starlink direct-to-cell service to extend satellite service to areas without service.
👍️0
makinezmoney makinezmoney 10 months ago
$SATS: $0.30 to $27.55 is................ 9200 %

An intial $100 outlay 30days ago would've grossed you............... $9200 TODAY !!!!!!!!!!!!!

You're welcome for telling you that someone was taking out 6000call contracts on that day at $0.30 prem


GO $SATS
👍️0
makinezmoney makinezmoney 10 months ago
$SATS: What did I tell you 1month ago TODAY ????

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176669799


And now you know................... whats my name ????????????


GO $SATS
👍️0
makinezmoney makinezmoney 10 months ago
$SATS: WOW.... THIS PREMIUM is now............ $27.55 !!!!!!!!!!!!!!!

I gave it to you at ...................... $0.30 !!!!!!!!!!!!!!!!!!!!!


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176620826

$SATS just hit $80/sh today and the deal is that they are getting......... $2Billy shares of....... SPACE - X

A PRIVATE ELON MUSK COMPANY.

HOLYYYYYyyyyyyyyyyyyyyyyyyyyyyyyyy SHYYYYyyyyyyyyyyyteeeeeeeee.................. its the ONLY way
to get ahead of SPACE-X right now and we all know SPACE X is going to be a TRILLION DOLLAR COMPANY EASY !!!!!!!



WHAT IS MY MUDDA FUKKKKKINNNNNNNNNNNNNN NAME ???????????????


GO $SATS
👍️0
Twilson Twilson 10 months ago
It is good news but FCC Approval Needed that could take a while
👍️0
makinezmoney makinezmoney 10 months ago
$SATS: Someone loaded massive 6000calls on Aug.8-9 !!!!!!!

There were in big on those Sept.19 $40 contracts so clearly someone was in on the KNOW.
And they acted on it.
Prem was just at $0.30/contract................ and now today, it shoots up to $14.50 !!!!!!!!!!!!!

MASSIVE MASSIVE yield reined in today.

Can't believe I didn't see that #UOA on August 8-9.................. wasn't even on my radar.

AMAZING money made today


GO $SATS
👍️0
tw0122 tw0122 10 months ago
Not often a company gets a $23 billion gift $50 + 60%
👍️0
makinezmoney makinezmoney 10 months ago
$SATS: This July call buyer gets paidddddddddddd today

No wonder he was loading up on July 24th on these call contracts at $4.50 prem

And they were June 2026 leaps too....... Damnnnnnnnnnnnn




Gonna Soarrrrrrrrrrrr today.......... SP is up 70% from yesterdays close


GO $SATS
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barnyarddog barnyarddog 1 year ago
https://cordcuttersnews.com/dish-sling-tv-face-bankruptcy-as-it-misses-326m-interest-payment/
👍️0
BottomBounce BottomBounce 1 year ago
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175909416 $SATS
👍️0
barnyarddog barnyarddog 1 year ago
November 23, 2024 EchoStar’s Planned Sale to DIRECTV Falls Through

https://finance.yahoo.com/news/echostar-planned-sale-directv-falls-113125419.html
👍️0
barnyarddog barnyarddog 1 year ago
Sep-30-24 DIRECTV to Acquire EchoStar's Video Distribution Business, Including DISH TV and Sling TV
(PR Newswire)

Satellite service DirecTV buys rival Dish as it fights the onslaught of streaming services
(Associated Press Finance)

TPG to Acquire AT&T's 70% Stake in DIRECTV
(Business Wire)
👍️0
David9+ David9+ 2 years ago
NEW Development today.
https://www.morningstar.com/news/business-wire/20240910182107/freecast-optimizes-dish-networks-airtv-for-national-distribution
👍️0
Monksdream Monksdream 3 years ago
SATS new 52 week low
👍️0
MomsSpaghetti MomsSpaghetti 5 years ago
Lots of volume here - stable chart
👍️0
SPORTSPROPHET SPORTSPROPHET 7 years ago
Hughes Earns No. 2 Ranking among Carrier Managed SD-WAN Providers based on U.S. Market Share

GERMANTOWN, Md., June 17, 2019 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), a leading provider of managed network services under its HughesON brand, announced today that it earned a top spot on the 2018 U.S. Carrier Managed SD-WAN LEADERBOARD by Vertical Systems Group, an industry-leading insights firm with over 30 years of independent research experience. Rankings are based on the percent of installed Carrier Managed SD-WAN customer sites in the U.S. as of year-end 2018, with Hughes having the second-highest showing.

"Hughes has earned its high ranking on our first ever U.S. Carrier Managed SD-WAN LEADERBOARD," said Rick Malone, Principal, Vertical Systems Group. "Many of their customers have very large, widely dispersed networks, with which Hughes has proven to be adept at delivering large scale, complex and resilient SD-WAN services."

"We are pleased to be recognized by Vertical Systems Group for our world-class HughesON Managed SD-WAN solution," said Dan Rasmussen, senior vice president of North America Sales and Marketing, Hughes. "This recognition reflects our commitment across our portfolio of managed services to going the extra mile to build, manage, secure and optimize the networks and technologies that enable our customers to meet their business goals."

Hughes counts thousands of deployed SD-WAN sites among the nearly half million enterprise sites it manages for customers worldwide.

Please visit the Hughes website to learn more about the award-winning HughesON Managed SD-WAN solution.
👍️0
SPORTSPROPHET SPORTSPROPHET 7 years ago
https://ih.advfn.com/stock-market/NASDAQ/echostar-corp-SATS/stock-news/80021218/specialized-disclosure-report-sd
👍️0
whytestocks whytestocks 7 years ago
News: $SATS EchoStar Announces Agreement to Transfer BSS Business to DISH

ENGLEWOOD, Colo. , May 20, 2019 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced today that it executed an agreement with DISH Network Corporation (NASDAQ:DISH) to transfer to DISH the portion of its EchoStar Satellite Services business that manages and provides bro...

Read the whole news https://marketwirenews.com/news-releases/echostar-announces-agreement-to-transfer-bss-business-to-dish-8215064.html
👍️0
SPORTSPROPHET SPORTSPROPHET 7 years ago
https://ih.advfn.com/stock-market/NASDAQ/echostar-corp-SATS/stock-news/79821913/hughes-in-partnership-with-facebook-launches-hughe
👍️0
SPORTSPROPHET SPORTSPROPHET 7 years ago
Hughes Launches High-Speed Satellite Internet Service in Chile

SANTIAGO, Chile, April 29, 2019 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced the launch of HughesNet®, its flagship high-speed satellite Internet service for consumers and businesses, in Chile. Operating over the Hughes 63 West High-Throughput Satellite (HTS) payload, HughesNet reaches more than 98 percent of homes throughout Chile, including areas unserved or underserved by terrestrial providers. According to published figures on fixed Internet connections from the Subsecretaria de Telecomunicaciones (SUBTEL) in Chile, it is estimated that nearly half of Chilean households either have no broadband Internet access or their service is slower than 5 Mbps.

"We are proud to help connect the unconnected in Chile with our signature high-speed satellite Internet service," said Pradman Kaul, president of Hughes. "This follows the successful launch of HughesNet in Brazil, Colombia, Ecuador and Peru – bringing people throughout the Americas the social, economic and educational benefits of the connected experience."

To date, more than 1.3 million consumer and business subscribers in the Americas enjoy the many benefits of high-speed Internet access with HughesNet. Service plans offered in Chile come with built-in Wi-Fi and include speeds of up to 50 Mbps download and 5 Mbps upload.

"With the commencement of HughesNet in Chile, we continue our strategy to expand Internet access across the Americas with attractive pricing plans and fast, reliable service," said Vinod Shukla, senior vice president, International at Hughes. "Now, more Chileans can do more online, including web browsing, email, shopping, social media and downloading music and video."

HughesNet is powered by the latest generation of the Hughes JUPITER™ System, which employs the DVB-S2X standard for highly efficient use of satellite bandwidth. The world's most widely deployed satellite broadband platform, the JUPITER System supports applications such as Community Wi-Fi Hotspots, cellular backhaul and in-flight connectivity services, in addition to broadband Internet access.

For more information about HughesNet in Chile, please visit: http://www.hughesnet.cl/

Hughes at SATELLITE 2019: Connecting People, Enterprises and Things
Hughes will exhibit at SATELLITE 2019 May 6-9 at the Walter E. Washington Convention Center in Washington, D.C., showcasing how consumers, businesses, governments and communities around the world benefit from the connected experiences enabled by Hughes technologies and services, today…and tomorrow. See Hughes executives at SATELLITE 2019 for unique perspective on connecting people, enterprises and things – including GEO HTS and LEO systems; community Wi-Fi and cellular backhaul solutions; M2M, AI and IoT networks; aero and maritime connectivity; MilSatCom and more. For further information, please visit www.hughes.com/sat19
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SPORTSPROPHET SPORTSPROPHET 7 years ago
https://ih.advfn.com/stock-market/NASDAQ/echostar-corp-SATS/stock-news/79668769/hughes-awarded-contract-by-boeing-to-develop-prote

https://ih.advfn.com/stock-market/NASDAQ/echostar-corp-SATS/stock-news/79716814/hughesnet-rolls-out-new-service-plans-for-new-york
👍️0
SPORTSPROPHET SPORTSPROPHET 7 years ago
Great news coming soon...buy this dip, IMO.
👍️0
SPORTSPROPHET SPORTSPROPHET 7 years ago
That's good news right there!!
👍️0
SPORTSPROPHET SPORTSPROPHET 7 years ago
And there it is!
👍️0
SPORTSPROPHET SPORTSPROPHET 7 years ago
SATS heading back to $40
👍️0
SPORTSPROPHET SPORTSPROPHET 7 years ago
Hughes Achieves Verifone Managed Network Service Provider Certification

GERMANTOWN, Md., Jan. 8, 2019 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), a leading provider of managed network services under its HughesON™ brand, today announced its certification as a Verifone Managed Network Service Provider (MNSP). This certification enables the company to offer Verifone POS retail customers an easy and seamless transition to a PCI-compliant solution compatible with outdoor Europay, MasterCard and Visa (EMV) chip-card readers, replacing the discontinued Enhanced Zone Router (EZR).

"Retail petroleum customers can't afford any downtime on their POS systems," said Dan Rasmussen, senior vice president, North America sales and marketing, Hughes. "With this certification, Hughes completed a rigorous vetting process with Verifone to ensure existing and new HughesON Managed Services customers can transition easily to a PCI-compliant solution replacing the discontinued EZR – and with the assurance that it will work seamlessly and affordably with their existing infrastructure."

As part of the fully turnkey HughesON offerings, the EZR replacement solution is also EMV-compatible, making the network transition to Outdoor EMV technology seamless and under a comprehensive managed service contract. Whether an existing or new HughesON customer – all enjoy the many benefits of one-stop service, including installation and ongoing support.
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SPORTSPROPHET SPORTSPROPHET 7 years ago
Hughes to Supply BGAN Satellite Terminals for Space and Naval Warfare Systems Center

GERMANTOWN, Md., Jan. 7, 2019 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, announced today that U.S. Space and Naval Warfare Systems Center (SSC) Atlantic ordered over 200 of the Hughes 9211 Broadband Global Area Network (BGAN) satellite terminals. Placed through Hughes partner Marshall Communications Corporation, the order outfits SSC Atlantic with the world's smallest and lightest High Data Rate (HDR) terminal, enabling mission-critical military communications that are mobile and easy to deploy.

"For mobile military communications, portability is as essential as reliable connectivity," said Rick Lober, vice president and general manager of defense and intelligence systems at Hughes. "Our Hughes 9211 BGAN comes in a compact, tablet-sized package, providing warfighters a high-speed and reliable communications link in an easy-to-use, low-SWaP system that works in the most demanding situations. We look forward to working with Marshall Communications Corporation and SSC Atlantic to supply this world-class terminal for their global operations."

Filling a vital requirement for the military, the Hughes 9211 BGAN terminal offers high-speed satellite connectivity in a light-weight and ruggedized device that can deploy quickly and easily in the harshest environments. Delivering high-throughput speeds over 650 kbps with built-in, multi-user Wi-Fi access, the 9211 BGAN supports multiple team members simultaneously and overcomes Line-of-Sight (LoS) limitations.

With low power consumption, the terminal also includes a built-in compass and audio tone for signal acquisition. To date, Hughes has delivered these terminals to serve military, media correspondence, public safety and mobile health care needs.
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SPORTSPROPHET SPORTSPROPHET 7 years ago
Hughes India Selected by Sterlite Tech to Enable SATCOM Connectivity for Indian Naval Communication Network

NEW DELHI, Dec. 21, 2018 /PRNewswire/ -- Hughes Communications India, Ltd (HCIL), a subsidiary of Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced it has been selected to provide a high-performance satellite broadband system for India's Naval Communication Network (NCN). Sterlite Tech [BSE: 532374, NSE: STRTECH], a global data network solutions company, chose the Hughes system to deliver C- and Ku-band satellite services as part of its hybrid IP-MPLS (Internet Protocol – Multi Protocol Label Switching) network. Under the year-long contract of Rs 100 crore, HCIL will supply the solution to power broadband satellite services across the Navy's mainland and island sites.

"With Hughes advanced and globally used satellite systems, we will bring in ease of network management through seamless connectivity even in tough and remote island terrains for the Indian Navy. We are happy to work with Hughes to execute this project boosting national security," said KS Rao, CEO – Telecom Services Business, Sterlite Tech.

"We are proud to have been awarded this critical communications infrastructure project by Sterlite Tech," said Shivaji Chatterjee, senior vice president and head of Enterprise Business, HCIL. "A testament to our in-country record of delivering leading technology solutions, this project will support homeland security for the country, and our Navy will benefit from an improved voice, video and data experience across fixed and mobile sites."

The Hughes satellite network will power primary service for the Navy's island locations as well as auxiliary service for its mainland sites. Designed and optimized for carrier-grade IP broadband networking and specialized applications, the Hughes ground system scales from hundreds to thousands of high-performance remote terminals.

Designed, built and managed by Sterlite Tech, the systems integrator for the Navy's digital network, the NCN is part of the Network For Spectrum (NFS) project. NFS is a strategic project rolled out for Ministry of Defence users to facilitate the growth of national teledensity and ensure availability of a robust, state-of-the-art communication infrastructure for Indian Armed Forces. The NFS project was envisaged to boost the communication capabilities of Indian armed forces and enhance national operational preparedness.

About Hughes Communications India

HCIL is a majority owned subsidiary of Hughes Network Systems, LLC (Hughes), the world's largest provider of broadband satellite networks and services. HCIL is the largest satellite service operator in India providing a comprehensive range of broadband networking technologies, solutions, and services for businesses and governments, including Managed Services to meet every communications challenge. More information is available at www.hughes.in.

About Sterlite Technologies

Sterlite Technologies Ltd [BSE: 532374, NSE: STRTECH], is a global technology leader that designs, builds and manages smarter digital networks. Sterlite Tech engages with customers in more than 100 countries, with a digital web-scale offering across products, services and software. The Company has global scale manufacturing facilities in India, Italy, China & Brazil and two Software Delivery Centres in India. Sterlite Tech is home to India's only Centre of Excellence for broadband research and Centre for Smarter Networks for next generation network applications. Projects undertaken by the Company include an intrusion-proof smarter data network for the Armed Forces, citizen networks for BharatNet (rural broadband), Smart Cities' development, and establishing high-speed Fibre-to-the-Home (FTTH) connectivity. For more details, visit www.sterlitetech.com.

About Hughes Network Systems

Hughes Network Systems, LLC (HUGHES) is the global leader in broadband satellite technology and services for home and office. Its flagship high-speed satellite Internet service is HughesNet®, the world's largest satellite network with over 1.3 million residential and business customers across the Americas. For large enterprises and governments, the company's HughesON® managed network services provide complete connectivity solutions employing an optimized mix of satellite and terrestrial technologies. The JUPITER™ System is the world's most widely deployed High-Throughput Satellite (HTS) platform, operating on more than 20 satellites by leading service providers, delivering a wide range of broadband enterprise, mobility and cellular backhaul applications. To date, Hughes has shipped more than 7 million terminals of all types to customers in over 100 countries, representing approximately 50 percent market share, and its technology is powering broadband services to aircraft around the world.

Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes operates sales and support offices worldwide, and is a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS), a premier global provider of satellite operations. For additional information about Hughes, please visit www.hughes.com and follow @HughesConnects on Twitter.

About EchoStar

EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite communication solutions. Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments. For more information, visit echostar.com. Follow @EchoStar on Twitter.
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SPORTSPROPHET SPORTSPROPHET 7 years ago
Sorry, I've been on vacation
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SPORTSPROPHET SPORTSPROPHET 8 years ago
HughesNet Ranks No. 1 in Fulfilling Promises to Customers Four Years in a Row

GERMANTOWN, Md., Dec. 18, 2018 /PRNewswire/ -- For the fourth consecutive year, HughesNet® earned top rankings in the Federal Communications Commission's (FCC) Measuring Broadband America report. HughesNet is the flagship satellite Internet service for consumers and small businesses from Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services. The newest Measuring Broadband America reports examine actual versus advertised speeds of fixed broadband services nationwide and found HughesNet ranked No. 1 among all ISPs for meeting or exceeding advertised download speeds, four years in a row (2014, 2015, 2016, 2017). For three out of four years (2014, 2015 and 2017), HughesNet ranked No. 1 for meeting or exceeding both download and upload advertised speeds.

"Once again, HughesNet at the top of the list of all types of Internet providers – including satellite, DSL, cable and fiber – is a reflection of our commitment to doing what we say we will do and providing the best possible service to our customers," said Mike Cook, senior vice president, sales and marketing, Hughes. "Hughes continuously monitors and enhances user experience and constantly works to improve speeds and reliability to deliver a high quality broadband service."

Measuring Broadband America is part of the FCC's effort to ensure consumers transparency from their ISPs about network performance. An industry benchmark, the reports evaluated 14 satellite, DSL, cable and fiber Internet access providers that serve more than 80% of the U.S. residential marketplace.

In the most recent report, which covered 2017 data, HughesNet service captured the top spot for both download and upload metrics. HughesNet consistently met or exceeded advertised speeds, delivering 180% of advertised download speeds and nearly 200% of advertised upload speeds.

Among satellite broadband providers reviewed by the FCC in the latest report, HughesNet Gen5 (the currently available service offering) ranked first in all 11 performance categories measured, including consistency of speed, latency and average webpage download time.

HughesNet service plans are designed to deliver download speeds of 25 Mbps and upload speeds of 3 Mbps, consistent with the FCC definition of "broadband."

Hughes invented the commercial VSAT (very small aperture satellite terminal) and pioneered consumer satellite Internet service and the technology to support it—from satellites to gateways to modems. The FCC's ranking is a testament to Hughes 30-plus years of experience in advancing the state-of-the-art in satellite technology and delivering an innovative, connected experience for customers everywhere.
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SPORTSPROPHET SPORTSPROPHET 8 years ago
Hughes Demos Advanced Modem Interface for Military Leaders

GERMANTOWN, Md., Dec. 17, 2018 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced the successful demonstration of advanced hardware technology that facilitates interoperability between different SATCOM systems and services. Witnessed by leaders from the Department of Defense, the new capability reinforces the company's commitment to deliver highly secure and robust communications solutions that overcome intentional or environmental interference through improved resiliency. The terminal solution features a software agent with a first-of-its-kind autonomous selection of modem, satellite and service provider.

"Today's presentation demonstrates the strong partnership between the military and the commercial satellite sector—in this case, represented by Hughes, as we collectively work to build a better SATCOM infrastructure," said Dr. Rajeev Gopal, senior technical director of advanced systems at Hughes. "The benefits of this new technology will allow the DoD to fully leverage commercial HTS and future LEO and MEO networks in addition to their own satellites to deliver uninterrupted communications, especially in contested environments."

The Flexible Modem Interface (FMI) presentation, hosted at Hughes headquarters in Germantown, Maryland, exhibited the hardware and enterprise management solution prototype developed by Hughes as part of a pilot study program exploring new interoperable SATCOM capabilities for future military systems.

"Advances in commercial satellite technology are positively transforming military communications," said Rick Lober, vice president and general manager of defense and intelligence systems at Hughes. "The solution we presented gives a glimpse into the future—a flexible and resilient SATCOM architecture that will result in higher mission assurance."

The Multi-modem Adaptor from Hughes enables interoperability between multiple service options in individual terminals to reinforce resiliency, automate provisioning and improve network operational efficiency.
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SPORTSPROPHET SPORTSPROPHET 8 years ago
Hughes Launches High-Speed Satellite Internet Service in Ecuador

QUITO, Ecuador, Dec. 10, 2018 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced the launch of HughesNet®, its high-speed satellite Internet service for consumers and businesses, in Ecuador. Operating over the Hughes 63 West High-Throughput Satellite (HTS) payload, its broadband coverage reaches more than 90 percent of homes throughout Ecuador, including areas unserved or underserved by terrestrial providers. According to figures from the National Institute of Statistics and the Ecuador Census, though Internet penetration is over 50 percent in urban areas, 61 percent of people in rural areas do not have access to the Internet.

"We are committed to bringing affordable Internet service to people and businesses everywhere in the world to help promote education, social well-being and economic development," said Pradman Kaul, president of Hughes. "Following on our successful launch of HughesNet service in Brazil, Colombia and Peru, we take pride in bringing our signature high-speed satellite Internet to Ecuador to help connect the unconnected and bridge the digital divide."

To date, more than 1.3 million consumer and business subscribers in the Americas enjoy the many benefits of high-speed Internet access with HughesNet. Service plans offered in Ecuador come with built-in Wi-Fi and include speeds of up to 50 Mbps download / 5 Mbps upload.

"This next step in Ecuador continues our strategy to expand HughesNet service across the Americas," said Vinod Jain, vice president International at Hughes. "Ecuador is an important and growing market, and we intend to bring consumers and businesses attractive pricing plans with fast and reliable service — enabling them to do more online, including email, shopping, downloading music and video, using social media or just browsing the web."

HughesNet is powered by the latest generation of the Hughes JUPITER™ System, the world's most widely deployed satellite broadband platform, which employs the DVB-S2X standard for highly efficient use of satellite bandwidth. The JUPITER System supports a wide range of applications, from broadband Internet / Intranet access, to community Wi-Fi hotspots, cellular backhaul, digital signage and mobility, including airborne services.

For more information about HughesNet in Ecuador, please visit: www.hughesnet.com.ec.
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SPORTSPROPHET SPORTSPROPHET 8 years ago
Hughes Awarded Contract to Provide Managed Network Services for State Agencies Throughout Oklahoma

GERMANTOWN, Md., Dec. 3, 2018 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced it has been awarded an IDIQ contract by the Oklahoma Office of Management and Enterprise Services (OMES) to deliver HughesON™ Managed Network Services including High-Throughput Satellite (HTS) connectivity for state agencies. The contract authorizes Hughes to work with Oklahoma's 130+ state agencies and affiliated organizations -- including counties, cities, school districts and hospitals -- to optimize networks to meet agency and constituents' needs throughout the state.

"Across the country, government agencies are now completely dependent upon network delivered applications to meet constituent needs – whether through cloud platforms like Office365 or accessing public record storage in state data centers," said Tony Bardo, assistant vice president of government solutions at Hughes. "Our HughesON solutions will take Oklahoma's agencies to the next level of network performance and availability, employing a cost-effective mix of wireline, wireless and satellite broadband technologies across all locations—and all under a comprehensive managed services agreement with a trusted partner."

HughesON Managed Network Services include the award-winning Software Defined Wide Area Network (SD-WAN) solution, managed security packages, Wi-Fi and Voice over IP (VoIP), all with 99.99% network availability, 24 x 7 network monitoring and security operations support. With Hughes managing these services, agencies can incorporate best-of-breed connectivity at each site to achieve mission objectives, enabling them to focus on meeting constituents' needs.

Under the contract vehicle, state and local agencies in Oklahoma can select from a range of broadband solutions for each location, including those which lack adequate wireline connectivity. For example, the Hughes HTS satellite service offers 25 Mbps download speeds across the state and can be used to connect dispersed sites such as park offices, environmental stations or other facilities that may be limited by slow DSL and MPLS services – or have no wireline services at all.

"Our HTS service offering is ideal for Oklahoma with its large swaths of rural areas and low population density," Bardo added. "With few or no wireline service offerings in many of these areas across the state, satellite delivers the high speeds required to meet bandwidth demands. We applaud the state for taking a progressive approach to connecting their government offices so they can meet their missions effectively."

For more information on Hughes government solutions, visit http://government.hughes.com/
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SPORTSPROPHET SPORTSPROPHET 8 years ago
Hughes / Forrester Study: 83 Percent of Retailers Surveyed Likely to Employ SD-WAN Within Two Years

GERMANTOWN, Md., Nov. 13, 2018 /PRNewswire/ -- At the advent of the busiest shopping season of the year, a new report from Hughes Network Systems (HUGHES) and Forrester reveals how retailers and other multi-site enterprises are looking to managed services and software-defined wide area networks (SD-WAN) to keep up with rising demands for more bandwidth, higher security and availability.

Hughes, a leading provider of managed network services, commissioned the Forrester study to explore the challenges of distributed networks and related investment plans of enterprises with 200 or more locations, including big box, apparel and specialty retailers. Findings reveal they are reaching a tipping point, with increased network complexity and demand driving migration to new solutions.

Applications Straining Network Resources

Survey respondents confirm that conventional networks are struggling to handle a rapidly growing volume of store applications and technologies:

The most prevalent business-critical applications running on about nine in ten store networks are personnel management, employee training and inventory/ordering.
Mobility requirements drive network demand with 75 percent of stores running mobile POS and 79 percent accepting mobile payments.
Major strains on network resources cited by more than eight in ten respondents include in-store Wi-Fi, security systems and digital signage/video displays.

Current Networks Not Up to the Task

Store operators are less than satisfied with current network solutions. According to the study:

Over 40 percent are not satisfied with overall performance of their network.
More than a quarter are less than satisfied with their current network security, despite the fact that security ranks as respondents' number-one priority.
Network challenges cause business disruption, with two-thirds of retailers reporting outages at least twice a year and one in five experiencing outages monthly.
Retailers Seeking Solutions

Though 64 percent of survey participants report that internal IT personnel manage their networks, only one-third prefer that model for their business future. Nearly half would prefer a mix of internal IT and external support. 21 percent would prefer to migrate fully to a third-party managed service provider within two years.

While only 30 percent are employing software-defined wide area networks (SD-WAN), more than half intend to test SD-WAN in the next year or adopt the solution within two years, making SD-WAN the dominant networking solution for these enterprises by 2020.

"This report unveils the critical performance and security challenges faced by enterprises in a dynamically changing period of the industry, fueled by the ever-increasing need for connectivity and bandwidth," said Mike Tippets, vice president of Enterprise Marketing for Hughes. "In the face of the resulting technology 'arms race,' businesses would be wise to work with a trusted partner offering a comprehensive and experienced approach to network services—easing their burden on internal resources and freeing them to focus on succeeding in the marketplace."

Hughes has been a leading provider of managed network services to enterprises for more than 30 years and has deployed more than 30,000 SD-WAN sites across big box, department store, specialty retail and grocery stores, among others.

For the complete Hughes / Forrester report and an infographic of findings, please visit: www.hughes.com/forrester.

About Hughes Network Systems
Hughes Network Systems, LLC (HUGHES) is the global leader in broadband satellite technology and services for home and office. Its flagship high-speed satellite Internet service is HughesNet®, the world's largest satellite network with over 1.3 million residential and business customers across North and South America. For large enterprises and governments, the company's HughesON® managed network services provide complete connectivity solutions employing an optimized mix of satellite and terrestrial technologies. The JUPITER™ System is the world's most widely deployed High-Throughput Satellite (HTS) platform, operating on more than 20 satellites by leading service providers, delivering a wide range of broadband enterprise, mobility and cellular backhaul applications. To date, Hughes has shipped more than 7 million terminals of all types to customers in over 100 countries, representing approximately 50 percent market share, and its technology is powering broadband services to aircraft around the world.

Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes operates sales and support offices worldwide and is a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS), a premier global provider of satellite operations. For additional information about Hughes, please visit www.business.hughes.com and follow @HughesON on Twitter.

About EchoStar
EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite communication solutions. Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments. For more information, visit www.echostar.com. Follow @EchoStar on Twitter.
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SPORTSPROPHET SPORTSPROPHET 8 years ago
EchoStar Earns Recognition for Workplace Health from American Heart Association

ENGLEWOOD, Colo., Oct. 15, 2018 /PRNewswire/ -- EchoStar Corp. (NASDAQ: SATS), a premier global provider of satellite communication solutions, earned recognition for the first time in the American Heart Association Workplace Health Achievement Index. EchoStar placed in the Silver Level for companies with 750 to 4,999 employees based on wellness programs across its organization, which includes EchoStar Satellite Services, a world-class satellite operator with a fleet of 23 owned, leased and managed satellites, and Hughes Network Systems, the global leader in broadband satellite networks and services.

"We are honored to be recognized for our commitment to build a culture of health and wellness," said Michael T. Dugan, chief executive officer and president, EchoStar. "We recognize that our employees are our most valuable asset. Their well-being is critical to the success of our businesses, which is why we facilitate workplace health and wellness programs."

EchoStar offers comprehensive, year-round programs and benefits to support employee health, finances, and work-life balance. This includes access to employee assistance programs, one-on-one counseling, vaccinations and preventative health screenings, employee events and community programs, private rooms for breastfeeding mothers, on-site exercise and sport facilities. The company also provides on-site health education, incentives, and workshops on topics such as depression, stress management, nutrition and healthy eating.

The American Heart Association Workplace Health Achievement Index is designed to help companies measure the health of both their workplaces and workforces. This year, more than 1,000 organizations completed the index assessment.

About EchoStar
EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite communication solutions. Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments. For more information, visit www.echostar.com. Follow @EchoStar on Twitter.

About EchoStar Satellite Services
EchoStar Satellite Services L.L.C., a subsidiary of EchoStar Corp., is a world-class satellite operator with a fleet of 23 owned, leased and managed satellites. EchoStar Satellite Services delivers reliable and innovative solutions to the satellite industry, providing satellite communications infrastructure and services to media and broadcast organizations, pay-TV operators, enterprise customers and U.S. Government and military service providers. For more information, visit www.echostarsatelliteservices.com.

About Hughes Network Systems
Hughes Network Systems, LLC (HUGHES) is the global leader in broadband satellite technology and services for home and office. Its flagship high-speed satellite Internet service is HughesNet®, the world's largest satellite network with over 1.2 million residential and business customers across the Americas. For large enterprises and governments, the company's HughesON® managed network services provide complete connectivity solutions employing an optimized mix of satellite and terrestrial technologies. The JUPITER™ System is the world's most widely deployed High-Throughput Satellite (HTS) platform, operating on more than 20 satellites by leading service providers, delivering a wide range of broadband enterprise, mobility and cellular backhaul applications. To date, Hughes has shipped more than 7 million terminals of all types to customers in over 100 countries, representing approximately 50 percent market share, and its technology is powering broadband services to aircraft around the world.

Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes operates sales and support offices worldwide, and is a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS), a premier global provider of satellite operations. For additional information about Hughes, please visit www.hughes.com and follow @HughesConnects on Twitter.

©2018 EchoStar
Hughes and HughesNet are registered trademarks and JUPITER is a trademark of Hughes Network Systems, LLC.
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SPORTSPROPHET SPORTSPROPHET 8 years ago
Hughes Selected to Provide Satellite Broadband Services for U.S. Government Education and Training Network (GETN)

GERMANTOWN, Md., Sept. 18, 2018 /PRNewswire/ -- Hughes Network Systems, LLC (Hughes), the global leader in broadband satellite networks and services, announced today it has been awarded a new General Services Administration (GSA) Blanket Purchase Agreement (BPA) contract for a fully managed, global satellite network to support distance learning programs for the Government Education and Training Network (GETN). The GETN community, a consortium of multiple agencies, has depended on Hughes to power its distance learning network across the U.S. and dozens of international sites, and this contract builds on the company's commitment to deliver innovative network technology for the Federal Government.

"Hughes has supported GETN for 10 years and we value the opportunity to continue delivering a secure and reliable network for government agencies to train their global workforce," said Tony Bardo, assistant vice president of Government Solutions at Hughes. "The GETN program exemplifies how to best harness the power of online organizational training for employees in dispersed locations while reducing or eliminating travel costs."

The contract award, estimated at $15 million in total funding for up to five years, marks the third time Hughes has been selected to deliver the turnkey satellite broadcast network, which is expected to encompass 1,030+ downlink sites with 1 or more classrooms, five uplink sites, 21 broadcast studios, and 44 international sites. The Hughes team includes longtime subcontractor Convergent Media Systems to support installation, maintenance and content scheduling for the network.

GETN distributes its training content via HD interactive television (ITV: 1-way video, 2way audio) with audio interaction achieved through a secure terrestrial audio conferencing system. This seamless, interoperable network allows user agencies to share video-based distance learning programs and common facilities.

Hughes will expand and continue to promote the use of interactive TV as a very cost-effective and instructionally sound medium for distance learning in a blended learning environment. Users report completing over 250,000 student training hours each year, resulting in a cost-avoidance in the tens of millions of annual training dollars through GETN.

Under the contract, GETN will utilize HughesON managed broadband service at select sites, including wireline, wireless and satellite connectivity. As part of a managed service, the network solution will also enable agencies to utilize idle bandwidth from other GETN users to maximize network efficiency and performance.

GETN supports, among others, the Federal Aviation Administration (FAA), United States Air Force (USAF), Air Force Reserve Command (AFRC), Air National Guard (ANG), Defense Health Agency (DHA), and the Department of Justice (DOJ). Training applications over the network range from broadcasting videos of mock trials for judicial employees to instructor-led video discussions for air traffic controllers, medical personnel, civil engineers, acquisition professionals, and aircraft mechanics around the world.

For more information on government solutions from Hughes, visit government.hughes.com
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SPORTSPROPHET SPORTSPROPHET 8 years ago
Starting to look better SATS!
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