Dish Network – and its EchoStar ‘sister’ business – have suffered something of a rollercoaster ride these past few weeks. For example, Dish Network’s price has crashed, falling some 17.6 per cent since August 1st when it share price was $65 (€53.67).

The reduced price, says the bank’s report, “now seems fair” at $53. Equity analyst Jason Bazinet has guided investors with a “Neutral” report and a target price of just $54 and says that at this price Dish’s spectrum (itself valued via EchoStar) is valued just under well-established values.

Of course, those spectrum values could change, and Bazinet says the market needs more clarity on what CEO Charlie Ergen is going to do with the considerable amounts of spectrum he has accumulated.

Other posts by :

1. Lynk Global requests “experimental” satellite access
2. Safran Space links laser direct to satellite
3. SpaceX fearful of AST SpaceMobile’s potential?
4. Equatys wants 2,800 new satellites
5. FCC eyes freeing up Weird Space Stuff spectrum
6. SES happy with releasing 160MHz of spectrum for 5G
7. Inmarsat “likely to win appeal” over Ligado/AST action
8. FCC seeks fair play over foreign satellite access
9. Bank raises RocketLab target price

Categories: Blogs, Business, Inside Satellite