Charlie Ergen has filed documents with the US Securities & Exchange Commission to create a public company called Conx. Ergen is using Conx as a SPAC (a Special Purpose Acquisition Company) as the shell vehicle for his move. Conx is offering 100 million shares (and possibly up to 115 million) at $10 each as part […]
The prospects of some sort of merger of satellite operators in North America, between Charlie Ergen’s Dish Network and AT&T’s DirecTV, or perhaps a European consolidation between SES and Eutelsat, has generated plenty of media comment over the past weeks. However, a virtual meeting of senior executives on September 24 at the Avia (Asia Video […]
Charlie Ergen, chairman of DISH Network and EchoStar, says he believes that some sort of merger between his own DISH Network and AT&T’s DirecTV is inevitable. “Is it one month from now or two years from now? I don’t know,” he said during a conference call with analysts reviewing DISH’s Q2 results. DISH’s subscriber numbers […]
Charlie Ergen’s move into cellular telephony is proving to be costly. A $1 billion debt offering of Senior Notes by Dish Network has been priced at 7.35 per cent. The debt is due for repayment by 2028. As a comparison last week SES offered a €400 million Eurobond, also due for repayment in 2028, and […]