Economic & Earnings Commentary Pre-market futures are down this morning following a modest up-week across major indexes. Nothing major at this hour — it looks like a slight roll-back ahead of a new Jobs Week, which gets underway tomorrow. The Dow is -81 points currently, the Nasdaq is -74 and the S&P 500 is -17 points. What's Expected for Jobs Week in the Stock Market? We have a plethora of data set to hit the tape this week, from S&P PMI and ISM Manufacturing and Services reports, Construction Spending, Au ...

At long last, EchoStar is exiting the satellite TV business. So it seems that the rumors were true. Two weeks after Bloomberg broke the story that the on-again, off-again merger between EchoStar (SATS -11.48%) and DirecTV might be on again, EchoStar this morning announced a "suite of transformative transactions to delever its balance sheet and improve its debt maturity profile." Investors are unimpressed. EchoStar stock fell 18.5% through 10:15 a.m. ET on the news. How the Dish-DirecTV merger will work As E ...

DirecTV said Monday it has agreed to acquire Dish Network from EchoStar. The merger would create one of the US' largest pay-TV provider. In a separate deal, AT&T will sell its 70% stake in DirecTV to a private equity firm. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you' ...

Charlie Ergen is getting close to selling the pay-TV business he founded more than 40 years ago. EchoStar is in advanced talks to sell satellite TV provider Dish Network to rival DirecTV, the closely held pay TV operator owned by private-equity firm TPG and AT&T, according to people familiar with the matter. While the sides hope to complete a deal by Monday, no deal is assured, and the talks may still fall apart, said the people, who asked not to be named because the discussions are private. The combination ...

Key Takeaways DirecTV, owned by AT&T and private-equity firm TPG, and EchoStar's Dish reportedly are in advanced talks to merge. The Wall Street Journal said a deal for DirecTV to buy Dish could come as early as Monday. The paper noted that the two satellite-TV providers have been trying to come together for decades. Shares of EchoStar (SATS) soared Friday on a report that its Dish is in advanced talks to be acquired by satellite-TV rival DirecTV. The Wall Street Journal reported that the plan for DirecTV—o ...

EchoStar Corporation (SATS) has received the Federal Communications Commission's ("FCC") approval for its 5G network buildout framework, allowing optimized coast-to-coast expansion of the world's first cloudnative Open RAN Boost Mobile Network, as noted in the FCC's Universal Licensing System. By the end of the year, EchoStar's Boost Mobile Network is expected to cover 80% of the U.S. population, adding 30 million more people under its coverage. The company will accelerate its final buildout across more tha ...

LITTLETON, Colo., Sept. 20, 2024 /PRNewswire/ -- Today the FCC took a significant step to promote competition in the wireless market by granting EchoStar's 5G network buildout framework. The updated framework enables EchoStar to optimize and enhance its coast-to-coast buildout of the world's first cloud-native Open RAN 5G Boost Mobile Network, while more efficiently deploying the network in new areas of the country. The pricing and innovation improvements from EchoStar's continued presence in the wireless m ...

EchoStar Corporation's (SATS) subsidiary, Hughes Network Systems, recently took digital signage to the next level with the launch of the HS600 Media Player. The initiative is aimed at aiding businesses to streamline their content delivery to any HDMI-enabled screen. The state-of-the-art device is engineered to provide businesses with a seamless digital signage experience, offering the ability to integrate live television and other high-quality video content into existing display setups without requiring exp ...

Transform any HDMI-capable screen into a dynamic display, enhancing employee and customer engagement GERMANTOWN, Md., Sept. 17, 2024 /PRNewswire/ -- Hughes Network Systems, an EchoStar (Nasdaq: SATS) company, expands accessibility of digital signage with the launch of the HS600 Media Player, a cuttingedge solution that delivers seamless live television and content playback on any HDMI-enabled screen, without replacing existing displays. This innovative technology allows businesses to bring high-quality vide ...

Shares in Dish Network parent EchoStar climbed 7% in early trading Monday in the wake of reports that the satellite TV division is once again discussing a merger with DirecTV. The companies have long coveted a combination, though a formal proposal was scuttled by the FCC in 2002. A lot has happened in the intervening two decades and the companies are experiencing major stress due to cordcutting. If the two were to pull off a merger, it would create the largest pay-TV provider in the U.S., with a combined 19 ...