TD Cowen, the US investment bank, has raised its opinion on satellite operator EchoStar. On January 7th, TD Cowen analyst Gregory Williams announced an updated projection for EchoStar (SATS), raising the price target significantly from $100 to $158. The updated target reflects a notable increase of 58 perc ent, while maintaining a Buy rating for […]

EchoStar climbed by 30.94 per cent week-on-week after rallying for seven consecutive days last week, as investors took an optimistic view of SpaceX’s billion-dollar IPO plan as well as an investment firm’s bullish coverage for its stock. On December 11th alone, EchoStar jumped to an all-time high of $109.53 (€93.13) after Bloomberg reported that Elon […]

Denver-based satellite operator EchoStar has told the Federal Communications Commission (FCC) that it had no intention of selling off its valuable spectrum, but said it did so due to uncertainty fuelled by the FCC’s investigation into its usage. EchoStar sold spectrum to AT&T and SpaceX. The FCC filing confirmed a meeting between EchoStar founder and […]

Research analysts at BNP Paribas have looked at the news that AT&T had already enabled 23,000 of its cellular sites across the US to take advantage of its recent acquisition of EchoStar 30 MHz of 3.45 GHz terrestrial spectrum. The move will improve connectivity at 5,300 US cities and towns and AT&T says this will […]

It was only on August 26th that AT&T agreed to buy EchoStar’s terrestrial 3.45 GHz wireless spectrum for $23 billion. But AT&T has capitalised on that investment in record time. AT&T says it has now equipped 23,000 of its cellular sites to take advantage of the valuable spectrum. It means that some two-thirds of the […]

EchoStar-owned Hughes Satellite Systems has admitted it does not have funding in place to cover its next 12-months activity. It has a $1.5 billion (€1.29bn) borrowing obligation to repay in August, and says one option is to declare Chapter 11 bankruptcy. Hughes has a declining asset in the form of 783,000 subscribers to its Jupiter […]

The EchoStar 26 satellite is under construction by Lanteris Space Systems (formerly Maxar Space Systems) based in Palo Alto, California). EchoStar 26 is a new, high-power geostationary satellite that Lanteris is building for its pay-TV system, DISH Network, with a scheduled delivery in 2028. Its purpose is to provide DTH satellite TV service across the […]

EchoStar has released its Q3 earnings numbers, and they are not great. The company reported a very modest gain in its pay-TV operations overall having lost 152,000 Dish TV subscribers but picking up 159,000 subs for its Sling TV division. Total subscribers stood at 7.16 million at the end of September. There was much better […]

A report from analysts at CreditSights has looked at the prospects for satellite delivered ‘direct-to-device’ (D2D) telephony and broadband. The report says that for the new entrants – the likes of SpaceX’s Starlink, AST SpaceMobile and Amazon’s Kuiper – the promise of D2D is that satellite companies will be able to access a much larger […]

Dish Media, a subsidiary of EchoStar Corporation, has unveiled research revealing that advertisers are missing millions of consumers by underutilising addressable TV in their media strategies. In partnership with Janus Strategy & Insights, Dish Media’s study, titled The Perfect Match: Addressable TV For Maximised Reach and Revenue reveals how reallocating a portion of media budgets […]