Echostar shares up on AT&T speculation
October 18, 2007
EchoStar Communications Corp shares rose 4 per cent on speculation that US telco giant AT&T could buy the satellite television provider within a year. Echostar’s television service would complement AT&T’s efforts to expand a high-speed fibre network it is building to sell TV services to better compete with cable and telecommunications rivals.
Other posts by :
- Euro-bank sets up €500m space fund
- Revenue jump forecast for Eutelsat
- Moody’s upgrades Eutelsat’s debt rating
- Rivada Space Networks wins spectrum dispute
- Eutelsat shareholders upset over Rights Issue
- Amazon Leo satellites en route to French Guiana
- Deutsche Bank reveals targets for AST SpaceMobile
- AST SpaceMobile boss outlines benefits
