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EchoStar Corp - SATS STOCK NEWS

Welcome to our dedicated news page for EchoStar (Ticker: SATS), a resource for investors and traders seeking the latest updates and insights on EchoStar.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EchoStar's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EchoStar's position in the market.

News
Rhea-AI Summary
SLING TV launches stage two of its Rewards program, offering subscribers the chance to win cash prizes totaling $25,000. The program aims to enhance user engagement and interaction, providing more opportunities for subscribers to win big while enjoying their favorite shows and movies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
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none
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Rhea-AI Summary
EchoStar Corporation (SATS) reported a decrease in total revenue for the twelve months ended December 31, 2023, primarily due to subscriber declines in its Pay-TV segment. The company experienced a net loss in 2023, mainly attributed to a noncash impairment to goodwill and an adjustment to the carrying value of the 800 MHz purchase option. Despite these challenges, EchoStar completed a merger with DISH Network, aiming to enhance its offerings in satellite technology, streaming services, and 5G network. The company plans to focus on integrating its business operations, identifying profitable customers, and realizing operational efficiencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
earnings
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Rhea-AI Summary
EchoStar Corporation (SATS) will host a conference to discuss its Q4 and full year 2023 financial results on March 1, 2024. The conference call will be live on their investor relations website. Participants can dial in or sign up for a phone call reminder. Financial results will be distributed before the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.58%
Tags
earnings
Rhea-AI Summary
The Buxton Helmsley Group, Inc. raises concerns of financial misstatements and fraudulent conveyances at EchoStar Corporation, NASDAQ: SATS, with an impending $995 million debt obligation. BHG accuses the Company of not addressing serious issues despite evidence-supported allegations of a multibillion-dollar accounting and securities fraud scheme.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
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none
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Rhea-AI Summary
DISH's Boost Wireless Network now offers 5G voice services to over 200 million Americans, showcasing the company's commitment to connectivity and competition in the wireless industry. The network is compatible with leading 5G smartphones and has achieved milestones like being the world's first standalone 5G Open RAN cloud-based network.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
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none
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Rhea-AI Summary
Hughes Network Systems, LLC, a subsidiary of EchoStar, secured a contract from SES Space & Defense to provide a flexible, software-defined, multi-orbit, auto-PACE solution for the Defense Experimentation Using Commercial Space Internet program. The solution will support ground- and air-based testing using Ku- and Ka-band GEO, MEO, and LEO satellite constellations, enhancing resilient broadband connectivity for various test scenarios. Hughes will deliver its NMS, EM&C capabilities, and Smart Network Edge software integrated with next-gen HM100 and HM400 satellite modems. SES Space & Defense will integrate a LEO solution, reinforcing the program's resilience. Hughes' expertise in SATCOM for government, defense, and enterprise sectors ensures cutting-edge technology for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
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none
Rhea-AI Summary
Hughes Network Systems, LLC, a subsidiary of EchoStar Corporation (Nasdaq: SATS), has been recognized as the Best Satellite Internet Service Provider of 2024 by U.S. News & World Report. Hughesnet offers new service plans with faster speeds, unlimited data, and a low-latency Hughesnet Fusion plan, setting it apart from competitors. Leveraging the JUPITER 3 satellite, Hughesnet now provides download speeds up to 100 Mbps, securing its position as a leader in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
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none
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Rhea-AI Summary
EchoStar Corporation (Nasdaq: SATS) terminates exchange offers for Convertible Notes due to failure to meet Minimum Tender Condition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
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none
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Rhea-AI Summary
SLING TV launches its first-ever watch-and-win sweepstakes, The Rewards Program, offering subscribers the chance to win cash prizes by watching their favorite TV shows, sports, news, and entertainment. The program will roll out in phases to more users across the country, with one grand prize winner taking home $5,000. Access to phase one is by invite only to select Orange, Blue, and Orange + Blue subscribers, with the opportunity to earn entries by watching SLING content for at least one day in the month, through February 19.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
none
Rhea-AI Summary
DISH TV leads as the first major cable provider to adopt Unified ID 2.0, with SLING TV now the largest vMVPD to enable this unique identification solution. DISH Media announced the enablement of Unified ID 2.0 (UID2), becoming the first MVPD and the largest vMVPD to integrate the innovative solution across its suite of traditional TV and OTT services. UID2 is an identity solution that enables targeted advertising with more precision and measurement across the open internet. The adoption of UID2 across Sling TV and DISH Connected™ enables advertisers to build their media buys around DISH Media's valuable first-party data.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
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none
EchoStar Corp

Nasdaq:SATS

SATS Rankings

SATS Stock Data

3.87B
120.45M
14.01%
32.06%
5.76%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
US
Englewood

About SATS

echostar corporation (nasdaq: sats) is the premier global provider of satellite operations and video delivery solutions. echostar’s wholly owned subsidiary, hughes, is the world's leading provider of satellite broadband services, delivering network technologies and managed services in more than 100 countries. headquartered in englewood, colo., with business units worldwide, echostar is a multiple emmy award-winning company that has pioneered advancements in the tv and satellite industries for nearly 30 years, consistently delivering value for customers, partners and investors. over the last three decades, echostar’s innovations in video technology have impacted the way consumers view, receive and manage tv programming, garnering numerous awards in recognition of echostar’s advancements to the media landscape. echostar’s consumer solutions include hughesnet®, north america’s #1 high-speed satellite internet service; sling media's slingbox® products; echostar’s line of advanced digit