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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.

Rhea-AI Summary
EchoStar Corporation (SATS) completes strategic transactions to enhance strategic, financial, and operating flexibility following merger with DISH Network Corporation. The transactions include the transfer of wireless spectrum licenses, optimization of resources, and engagement of financial and legal advisors.
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End-of-Day
31.52%
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Boost Mobile (BMO) launches the Celero5G+ and Celero5G smartphones for 2024, providing superfast, pure 5G on the Boost Wireless Network at an unbeatable price.
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-0.86%
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Boost Infinite (Ticker: BIF) introduces Infinite Access for Galaxy, a new wireless plan offering customers the latest Samsung Galaxy device every year for an introductory price of $60/mo, with unlimited talk, text, and data. No trade-ins or line requirements are needed to get started, and after 12 consecutive monthly payments, members can upgrade to the latest Samsung Galaxy smartphone at no extra cost.
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Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), has been recognized as a Strong Performer in the Gartner Peer Insights 'Voice of the Customer' for Managed Network Services. This recognition is based on exceeding the market average for Overall Experience in Gartner Peer Insights reviews. Hughes was also acknowledged as a Leader in the 2023 Gartner Magic Quadrant for Managed Network Services.
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End-of-Day
-8.85%
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DISH Network Corporation (DISH) announced the merger with EchoStar Corporation, resulting in DISH becoming a wholly owned subsidiary of EchoStar. The 2.375% Convertible Notes due 2024, 0% Convertible Notes due 2025, and 3.375% Convertible Notes due 2026 have become convertible into shares of EchoStar Common Stock. The merger resulted in an adjusted Conversion Rate of 4.2677 for the 2024 Notes, 8.5657 for the 2025 Notes, and 5.3835 for the 2026 Notes. Holders of the Notes have the right to surrender them for conversion until February 21, 2024, with additional rights for the 2024 Notes until March 15, 2024.
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EchoStar Corporation (Nasdaq: SATS) completed its acquisition of DISH Network Corporation on December 31, 2023. The merger combines DISH Network's satellite technology, streaming services, and nationwide 5G network with EchoStar's satellite communications solutions, creating a global leader in wireless connectivity. The combined company is uniquely positioned to deliver communication and content distribution capabilities, accelerating the delivery of satellite and wireless connectivity solutions desired by customers.
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-5.19%
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EchoStar Corp. (SATS) will replace DISH Network Corp. (DISH) in the S&P SmallCap 600 effective January 2, 2023. EchoStar is acquiring DISH Network in a transaction expected to be completed soon.
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End-of-Day
6.79%
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Hughes Network Systems, LLC (HUGHES) Recognized as Top Innovator in Digital Signage Solutions Market by Frost & Sullivan
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2.85%
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Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), has introduced new Hughesnet® high-speed satellite internet plans powered by the Hughes JUPITER™ 3 satellite, offering faster speeds, unlimited data, low-latency Hughesnet Fusion®, and Whole Home Wi-Fi. The plans leverage the world's largest commercial communications satellite with more than 300 spot beams to alleviate congestion and deliver a faster experience. The JUPITER-powered Hughesnet plans feature download speeds up to 100 Mbps, catering to customers' needs for streaming, videoconferencing, and gaming online.
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End-of-Day
4.88%
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Hughes Network Systems (Nasdaq: SATS) announces successful deployment of JUPITER™ 3 ultra-high-density satellite, bringing over 500 Gbps of additional broadband capacity across North and South America. The satellite will support new HughesNet® satellite internet plans and innovative HughesNet Fusion® Plans, aiming to bridge the digital divide and provide internet access to rural customers. The JUPITER 3 satellite will also facilitate in-flight Wi-Fi for airline passengers, enterprise networking, and cellular backhaul for mobile network operators.
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-3.3%
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EchoStar Corp

Nasdaq:SATS

SATS Rankings

SATS Stock Data

3.86B
120.50M
14.01%
32.16%
5.75%
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