SATS teams up with Connected to reshape the landscape of off-grid connectivity by launching a cutting-edge Connected One solution.
EchoStar (SATS) announced it will sell its video distribution business, including Dish and Sling, to DirecTV for a nominal price of $1 and more than $9.7 billion of associated debt on the business. The deal would create the largest pay-TV provider in the US.
SATS is set to sell its DISH unit to DIRECTV through an exchange of nearly $9.75 billion of DBS notes to strengthen its 5G Open RAN wireless network deployment.
Bill Morrow, DirecTV CEO, joins 'Squawk on the Street' to discuss why DirecTV completed its recent deal with EchoStar, why the antitrust view of this deal has changed, and much more.
DirecTV has today announced that it will acquire Dish for just $1.
DirecTV and Dish Network are merging in a $10 billion deal that would create the nation's largest pay-TV provider. Transcript: Conway Gittens: It was a skittish stock market Monday but for the Dow and the S&P 500, September marked the 10th monthly gain out of the last 11.
EchoStar agreed to sell pay-TV provider Dish Network to DirecTV Monday for $1 in equity and $9.75 billion in associated debt. The transaction, if approved by regulators, ends Dish's decade-long quest to marry pay-TV and wireless service.
EchoStar is selling its Dish TV provider and digital business Sling to rival provider DirecTV in a deal announced Monday. DirecTV agreed to pay a nominal fee of $1 for Dish, while assuming the company's net debt.
DirecTV is merging with Dish as it tries to stay competitive in a market that has been dominated by streaming services such as Netflix and Amazon Prime.
DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.
Pre-market futures are down this morning following a modest up-week across major indexes. Nothing major at this hour — it looks like a slight roll-back ahead of a new Jobs Week, which gets underway tomorrow.
EchoStar CEO Hamid Akhavan joins CNBC's 'Squawk on the Street' to discuss DirecTV's acquisition of Dish Network, how it will shift focus to its wireless business, and more.