EchoStar Corporation (SATS)
DirecTV calls off acquisition of satellite TV rival Dish — as lenders revolt
Satellite TV giant DirecTV called off its deal with Charlie Ergen's EchoStar to acquire rival Dish TV and other assets. The deal would have created one of the largest pay TV distributors in the country with a combined 20 million subscribers.
DirecTV Abandons Dish Acquisition After Bondholders Reject Proposal
DirecTV has terminated its deal with EchoStar to acquire Dish DBS following bondholders' opposition to the debt-exchange proposal. The merger would have created the largest U.S. pay-TV provider, with DirecTV assuming EchoStar's debt.
DirecTV and Dish Satellite Merger Crashes, Again
A tie-up meant to help struggling satellite-TV companies is falling apart after creditors balked at a proposal to cut into their holdings.
DirecTV-Dish deal drama could impact 18 million customers
DirecTV has threatened to call off its deal to acquire Dish Network by November 22. Transcript: Conway Gittens: Inflation is the focus on this Wednesday.
Is EchoStar (SATS) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
EchoStar Q3 Earnings Lag Estimates on Lower Revenues, Stock Down 13%
SATS' Q3 2024 performance is adversely impacted by continued weakness across the Pay-TV and Broadband segments due to substantial subscriber losses.
DirecTV says Dish purchase is off
DirecTV's proposed acquisition of Dish assets is more than likely dead after a group of bondholders rejected a revised offer. The deal could possibly be salvaged if Dish Chairman Charlie Ergen comes to the negotiating table, but that currently appears unlikely.
DirecTV to drop Dish acquisition plan if EchoStar debt-exchange offer fails
Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar's satellite television business that includes Dish TV by Nov. 22 if bondholders don't agree to a debt exchange.
EchoStar Corporation (SATS) Q3 2024 Earnings Call Transcript
EchoStar Corporation (NASDAQ:SATS ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Dean Manson - Chief Legal Officer Hamid Akhavan - Chief Executive Officer & President Paul Orban - Executive Vice President & Principal Financial Officer Gary Schanman - Executive Vice President & Group President, Video Services Jeff Boggs - Senior Vice President, Hughes Finance John Swieringa - President, Technology, & Chief Operating Officer Conference Call Participants Ric Prentiss - Raymond James Walter Piecyk - LightShed Jonathan Chaplin - New Street Research Michael Rollins - Citibank Chris Quilty - Quilty Analytics Sam McHugh - BNP Paribas Operator Welcome to the EchoStar Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
EchoStar (SATS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for EchoStar (SATS) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
EchoStar (SATS) Reports Q3 Loss, Misses Revenue Estimates
EchoStar (SATS) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to earnings of $0.15 per share a year ago.
Dish bondholders reject debt-exchange offer for DirecTV deal, document shows
A group of EchoStar's Dish bondholders rejected a proposed debt-exchange offer from DirecTV that was contingent upon them accepting a "haircut" of $1.5 billion, a document viewed by Reuters on Monday showed.
