Welcome to our dedicated page for Echostar news (Ticker: SATS), a resource for investors and traders seeking the latest updates and insights on Echostar stock.
EchoStar Corporation (NASDAQ: SATS) regularly issues news and updates covering its activities across wireless, pay television, and broadband and satellite services. Company press releases highlight developments involving its key brands, including Boost Mobile, DISH TV, Sling TV, Hughes, HughesNet, HughesON and JUPITER, as well as corporate announcements about spectrum transactions, capital allocation and financing.
Recent EchoStar news includes detailed promotions and device offers from Boost Mobile, which EchoStar identifies as a brand under the corporation and a major component of its Wireless segment. These announcements describe new 5G device additions, limited-time service offers, and pricing structures for unlimited plans, reflecting how EchoStar presents the evolution of its wireless business.
EchoStar news also features updates from Sling TV, part of the company’s Pay-TV segment, such as the introduction and refinement of short-term pass subscriptions designed to provide flexible access to live TV. In the Broadband & Satellite Services segment, releases from Hughes Network Systems, an EchoStar company, describe new managed SD-WAN recognitions, product introductions like transportable Low Earth Orbit terminals in ruggedized cases, and broader connectivity initiatives.
In addition, EchoStar issues corporate-level news on topics such as quarterly financial results, the formation of EchoStar Capital as a new investment division, and spectrum-related agreements with partners like SpaceX and AT&T. Investors and observers can use the SATS news feed to follow how EchoStar communicates changes in its segment performance, product offerings, and strategic transactions across its global portfolio of connectivity and entertainment brands.
Hughes Network Systems (SATS) has announced the global commercial launch of the HL1100W single panel electronically steerable antenna (ESA), approved for operation on the Eutelsat OneWeb LEO satellite network. The new antenna is designed as a lightweight, cost-effective solution delivering low-latency, high-speed connectivity.
The HL1100W, manufactured at Hughes' Germantown facility, features a compact form factor and versatile mounting options for various structures including buildings, trailers, cabinets, and onshore oil rigs. The product is immediately available for order and follows the successful launch of the HL1120W model.
As a strategic Eutelsat OneWeb distribution partner, Hughes offers the antenna as part of its Managed LEO service, which can be deployed as a managed broadband service, multi-orbit mobility solution, enterprise solution, or as a component of SD-WAN and military networks.
Hughes Network Systems (Nasdaq: SATS) has finalized an agreement with Airbus to become an official Managed Service Provider (MSP) within the HBCplus in-flight connectivity ecosystem. The partnership enables Hughes to offer its solutions through the Airbus catalogue, providing airlines with enhanced connectivity options.
As an end-to-end Ka-band managed service provider, Hughes will integrate its global satellite capacity across GEO satellites with plans to include Low-Earth Orbit (LEO) integration and comprehensive polar coverage. The company's offering promises airlines scalable and flexible business models with consistent, reliable connectivity, including coverage for polar routes.
Hughes Network Systems (SATS) has announced that Delta Air Lines has selected its revolutionary Fusion Simultaneous Multi-Orbit In-Flight Connectivity Solution for select new delivery A350 and A321neo aircraft, expanding beyond the previously awarded 400+ Delta ERJ, CRJ, and Boeing 717 aircraft.
The industry-first solution simultaneously utilizes LEO and GEO satellite capacity, offering improved connectivity performance and lower risk through dual satellite network usage. The system will debut on Delta's 717 aircraft in the second half of 2025.
Following extensive testing, Delta chose the Fusion system for its new delivery Airbus A321neo, A350-1000, and Boeing 717 aircraft. The solution features multiple antennas that dynamically deliver connectivity based on location, demand, and network conditions, promising enhanced gate-to-gate passenger connectivity with unprecedented resilience.
Gen Mobile has announced significant updates to its prepaid wireless plans, offering enhanced features without price increases. The company has upgraded data allowances across its plan tiers:
- $20 Plan: 4GB to 5GB
- $30 Plan: 7GB to 11GB
- $40 Plan: 16GB to 17GB
- $50/$60 Plans: Unlimited high-speed data increased from 35GB to 45GB
All plans $20 and above now include North America Roaming with 500 minutes, 500 texts, and 500MB of data for Mexico and Canada. The $10 plan now includes unlimited calling to over 100 international destinations. The company operates on America's largest 5G networks, offering service through physical SIM or eSIM for compatible GSM unlocked devices.
DeFi Technologies (OTC: DEFTF) has appointed Chase Ergen to its Board of Directors. Ergen, son of Dish Network founder Charlie Ergen, brings 20 years of experience in satellite and 5G telecommunications, along with expertise in blockchain and decentralized finance as an early Bitcoin miner.
Currently serving as Executive Director of the 'Make America Wealthy Again' Super PAC, Ergen's appointment aims to strengthen the company's engagement with retail and institutional communities, leveraging relationships built through Dish Network. His expertise in emerging technologies and financial systems will support DeFi Technologies' mission of bridging traditional capital markets with decentralized finance.
The appointment follows Krisztian Toth's resignation from the Board, who will transition to an advisory role.
EchoStar (NASDAQ: SATS) reported mixed financial results for 2024. Total revenue declined to $15.83 billion from $17.02 billion in 2023, primarily due to subscriber losses in Pay-TV. The company posted a net loss of $119.55 million in 2024, compared to $1.70 billion loss in 2023, benefiting from a $689 million noncash gain from debt restructuring.
Q4 2024 operational highlights include: Pay-TV subscribers decreased by 253,000 to 7.78 million total (5.69M DISH TV, 2.09M Sling TV); Wireless subscribers grew by 105,000 (excluding ACP) to 6.995 million; Broadband Satellite subscribers declined by 29,000 to 883,000. The company's consolidated OIBDA improved to $1.63 billion from $1.32 billion in 2023.
EchoStar (NASDAQ: SATS) has scheduled a conference call to discuss its fourth quarter and full year 2024 financial results on Thursday, February 27, 2025, at 11:00 a.m. Eastern Time. The call will be available in listen-only mode on EchoStar's Investor Relations website.
Participants can join via phone using U.S. dial-in (877) 484-6065 or international (201) 689-8846 with Conference ID 13751949. A webcast replay will be available for 48 hours after the call. Financial results will be distributed and posted to the Investor Relations website prior to the call.
EchoStar operates as a provider of technology, networking services, and television entertainment under various brands including EchoStar®, Boost Mobile®, Sling TV, DISH TV, Hughes®, HughesNet®, HughesON™, and JUPITER™.
Boost Mobile announces the availability of the new iPhone 16e for pre-order starting February 21, 2025. New customers can get the device for $199.99 when porting their number and subscribing to Boost's Unlimited Premium plan at $60/month, with no trade-in required.
The iPhone 16e features the A18 chip, Apple Intelligence, a 48MP 2-in-1 camera system with integrated 2x Telephoto, and enhanced battery life. The device will be available in black and white matte finishes and supports eSIM technology for easy activation and plan management.
Boost Mobile emphasizes its nationwide 5G network coverage, available across 99% of the country, recently recognized as the best performing and most reliable network in New York City. The company offers a 30-day money-back guarantee for new customers to test the network.
Boost Mobile has been recognized as the top mobile network in New York City according to umlaut's latest NYC Audit Report. The carrier achieved superior rankings in multiple categories, outperforming AT&T, T-Mobile, and Verizon. Key achievements include:
- Highest overall network performance score, leading by 26 points
- Best network reliability with most consistent connectivity
- Top performance in data speed and reliability
The company operates America's newest 5G standalone Open RAN network featuring American vendors and infrastructure. To celebrate this achievement, Boost Mobile is offering new and existing customers a free year of service on their $25/month Unlimited plan with the purchase of eligible 5G phones, including the latest iPhone 16 and Samsung Galaxy S25 series. The company emphasizes its commitment to providing affordable 5G services without contracts or trade-in requirements, positioning itself as a cost-effective alternative to major carriers.
Boost Mobile announces pre-orders for the Samsung Galaxy S25 Series, offering up to $1,000 in savings with their Infinite Access plan at $65/month, without requiring trade-ins. The new series includes the S25, S25+, and S25 Ultra models, featuring Galaxy AI technology and enhanced camera systems.
The base Galaxy S25 comes with a 50MP main camera, 6.2" display, and 4,000mAh battery. The S25+ upgrades to a 6.7" QHD+ display and 4,900mAh battery, while the S25 Ultra boasts a 200MP main camera. All devices will be available from February 7, with outright purchase starting at $799.99, including one year of free Boost Mobile service.
The devices will operate on Boost's 5G network with four carrier aggregation, backed by a 30-day money-back guarantee for new customers.