EchoStar Corp - SATS STOCK NEWS

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.

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.

EchoStar Corporation (SATS) terminates exchange offers and consent solicitations for existing senior notes issued by DISH DBS Corporation. The termination has no effect on previously announced exchange offers for DISH Network Corporation's outstanding convertible notes due 2025 and 2026.

DISH Network Corporation announces the launch of a new Boost Mobile bundle featuring the latest flip phone, the Summit Flip, along with 12 months of unlimited talk, text, and 3GB of data per month. The bundle aims to provide affordable and reliable mobile communication options for consumers.

Sling TV introduces a first-of-its-kind free DVR service to its ad-supported streaming television (FAST) service, Sling Freestream. Users now have access to 10 hours of free DVR storage, with no credit card required. The service has grown to over 500 channels, including free sports television, international channels, and more. Users can also subscribe to standalone streaming services and SLING Orange and/or SLING Blue base service for additional content.

Boost Infinite launches Infinite Access for Galaxy, offering the Samsung Galaxy S24+ with double the storage and unlimited talk, text, and data for an introductory price of $60/mo. Customers can pre-order the S24+ without trade-ins or line requirements. The S24 series is equipped with advanced features like Live Translate, Circle to Search with Google, and Generative Edit. Subscribers of the new plan can get a new Samsung Galaxy smartphone every year at no extra cost and have the flexibility to upgrade, change storage capacity, model, and color.

EchoStar Corporation (Nasdaq: SATS) has announced the commencement of exchange offers for senior notes, offering up to $1,000,000,000 in aggregate principal amount of 5.875% Senior Notes due 2024 for Series 2024-1 Class A-1 10.00% Senior Secured Notes due 2030 and up to an aggregate principal amount of the 7.75% Senior Notes due 2026, 7.375% Senior Notes due 2028, and 5.125% Senior Notes due 2029. The DBS Issuer Notes will be secured by the assets of DBS Issuer, which include approximately 3.0 million DISH TV subscribers.

EchoStar Corporation (Nasdaq: SATS) has announced exchange offers intended to reduce aggregate indebtedness and materially extend debt maturity profile, providing significant runway for continued strategic investment. The company aims to combine DISH Network's satellite technology, streaming services, and nationwide 5G network with EchoStar's premier satellite communications solutions to create a global leader in wireless connectivity.

DISH Wireless, a subsidiary of EchoStar (DISH), has been awarded a historic $50 million grant from the U.S. Department of Commerce's National Telecommunications and Information Administration (NTIA) to establish the Open RAN Center for Integration & Deployment (ORCID). The grant represents NTIA's largest award under the Public Wireless Supply Chain Innovation Fund (Innovation Fund). ORCID will allow participants to test and validate their hardware and software solutions against a complete commercial-grade Open RAN network deployed by DISH. The center will be housed in DISH's secure Cheyenne, Wyoming campus and will be supported by consortium partners Fujitsu, Mavenir, and VMware by Broadcom, as well as technology partners Analog Devices, ARM, Cisco, Dell Technologies, Intel, JMA Wireless, NVIDIA, Qualcomm, and Samsung. The center aims to drive the Open RAN ecosystem from lab testing to commercial deployment, leveraging DISH's experience as the only operator in the United States to commercially deploy a standalone Open RAN 5G network, covering over 246 million Americans nationwide.