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The FCC announced a review of the EchoStar licenses last month. EchoStar shares (SATS) sank 8.5% on Monday, and had earlier been down as much as 14.8%.
On June 12, he met with EchoStar Chairman Charlie Ergen and told FCC Chair Brendan Carr to find a deal. The White House even filed a statement urging an "amicable resolution" (same link above).
In another context, EchoStar marrying its established satellite chops with its long-gestating open RAN 5G network build would ...
EchoStar logo - Photo by Jaque Silva/NurPhoto via Getty Images Despite facing an FCC investigation, Boost Mobile’s parent company, EchoStar, is gearing up to develop its own satellite system to ...
The FCC had threatened to revoke EchoStar’s licenses, prompting Trump to urge both sides to reach a deal and avoid bankruptcy. Get special access to three exclusive "Top 10 Stocks" power lists ...
After the meeting, EchoStar made $500 million in interest payments it owed before the 30-day grace period was up, buying the company more time to make a deal with the FCC. That being said ...
WASHINGTON (Reuters) -President Donald Trump prodded Dish TV parent EchoStar Corp and Federal Communications Commission Chair Brendan Carr earlier this month to reach an amicable deal over the ...
President Donald Trump has reportedly intervened in a dispute between EchoStar (NASDAQ: SATS) and the Federal Communications Commission (FCC), urging the two sides to come together and work out a ...
EchoStar accuses SpaceX of lying to regulators to steal its radio frequency licenses. FCC investigation of EchoStar's 5G network buildout threatens billionaire Charlie Ergen's company.
EchoStar chief Charlie Ergen can thank Newsmax boss Chris Ruddy for his meeting with President Trump – and maybe keeping the Dish Network’s parent company out of bankruptcy, On The Money has ...
The FCC could force EchoStar to relinquish licenses outright or offer unprofitable services, either of which would further imperil its financial position. The TV business still produces solid cash ...