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.
Boost Mobile has added two new Samsung smartphones to its 2025 lineup: the Galaxy A15 5G and Galaxy A16 5G. The Galaxy A15 5G, priced at $169.99, features a 6.5" FHD+ Super AMOLED Display and long-lasting battery. New customers porting their numbers to Boost Mobile can get the Galaxy A15 for free with select unlimited plans.
The Galaxy A16 5G, available from January 20 at $199.99, offers an upgraded 6.7" display and enhanced durability. Both devices can be paired with Boost Mobile's unlimited data plans starting at $25 per month. The company emphasizes its nationwide 5G coverage and commitment to providing affordable, high-quality devices for customers.
Hughes Network Systems (NASDAQ: SATS) has released its 2025 State of Secure Network Access Report, revealing significant findings about cybersecurity challenges in hybrid work environments. The study, conducted with Cybersecurity Insiders, surveyed over 400 IT leaders and found that employees are considered the greatest threat to network security.
Key findings show that 63% of organizations use hybrid work models, while 19% operate fully remote. Only 8% have fully implemented SASE solutions, though 32% are in implementation phase and 31% are evaluating. Remote work is the primary driver (45%) for SASE adoption, followed by cloud security enhancement (42%) and Zero Trust implementation (40%).
The report highlights that 47% of organizations lack in-house expertise for implementing innovative security solutions. Zero Trust framework adoption is growing, with 38% currently implementing it and 42% planning to do so within 12 months. Major implementation challenges include integration with existing infrastructure (48%) and policy management complexity (44%).
Boost Mobile and Liberty Tax have partnered to offer significant savings this tax season. Customers can enjoy 25% off tax filing services with Liberty Tax and exclusive deals on Boost Mobile plans and devices. For a time, Boost Mobile offers:
- A free moto g stylus 5G 2024 with port and $10 off per month on Unlimited Premium plans.
- Pay for 6 months, get 6 months free on Unlimited Plus or Premium plans with BYOD.
- Deep device discounts, including the iPhone 15 for $249.99, motorola razr 2024 for $69.99, and Samsung Galaxy A15 5G for free with port.
Additionally, Boost Mobile is holding a sweepstakes for a chance to double your tax refund, up to $10,000 in cash. Visit LibertyTax.com for discounted tax filing services and BoostMobile.com for more on smartphone and service plan offers.
Boost Mobile and Wind River have announced a major collaboration where Wind River will provide core-to-edge cloud infrastructure for Boost Mobile's network. This marks the telecom industry's largest containers-as-a-service (CaaS) vendor changeover on an Open RAN network. The network currently provides 5G voice coverage to over 200 million Americans. Wind River's Studio Operator platform, based on StarlingX project, will deliver cloud-native solutions enabling commercial deployment of next-generation network infrastructure with complete automation and zero-touch provisioning capabilities.
EchoStar 's subsidiary Hughes Network Systems has been awarded a $6.5 million contract to deploy a 5G Open Radio Access Network (ORAN) prototype at Fort Bliss, Texas. The network will feature a RAN Intelligent Controller (RIC) for testing military network applications. The prototype will initially operate as a temporary evaluation network before transitioning to support both DoD and commercial customers. Hughes will serve as prime contractor, integrating RIC with ORAN infrastructure and 5G spectrum from Boost Mobile. The project aims to test rapid spectrum changes at 5G control nodes for mobile command post communications and supports FY 2024 National Defense Authorization Act requirements.
Hughes Network Systems (SATS) has partnered with National 4-H to distribute 1,000 STEM Challenge kits to rural and underserved communities across America. The 2024 'Food for Thought' kit includes three activities: Food Fighters (a board game about food supply chain), Chew on This (food waste reduction challenge), and Know to Grow (plant science activity). This initiative builds on a 10-year partnership between Hughesnet and 4-H, which previously launched free online educational platforms featuring interactive content including augmented reality experiences focused on satellite communication and space exploration.
EchoStar (NASDAQ: SATS) reported financial results for Q3 2024, showing total revenue of $11.86 billion for the first nine months, down from $12.85 billion in the same period last year. The company posted a net loss of $454.78 million, compared to net income of $327.83 million in the year-ago period. Pay-TV subscribers decreased by 43,000 in Q3, while Sling TV gained 145,000 subscribers. The company announced plans to sell its pay-TV business to DIRECTV and secured $5.2 billion in additional financing. Retail Wireless subscribers increased by 62,000, excluding ACP subscribers, while Broadband Satellite subscribers decreased by 43,000.
EchoStar (SATS) has completed several strategic transactions to enhance its nationwide Open RAN 5G Network. The company secured overwhelming support from $5 billion of DISH Network convertible noteholders with over 96% participation in exchange offers. The transactions include the issuance of $2.3 billion in 6.75% Senior Spectrum Secured Exchange Notes and $1.9 billion in 3.875% Convertible Senior Notes, both due 2030. Additionally, EchoStar raised $5.2 billion through new Senior Spectrum Secured Notes and $400 million through a PIPE transaction. These moves significantly improve the company's debt maturity profile, leaving only $139 million in remaining debt maturities for 2024-2025.
Boost Mobile launches its exclusive Summit 5G smartphone, offering affordable 5G connectivity at $94.99, free for new customers porting their numbers, or $19.99 for existing customers upgrading. The device features a 6.6" HD+ display, dual cameras (13MP + 2MP), 5MP front camera, and 5000mAh battery. Powered by a 2.2 GHz Octa-core processor, it delivers smooth performance for streaming and gaming. When paired with Boost's $25/month plan, it represents the most budget-friendly 5G option across carriers, supported by Boost Mobile's nationwide network coverage.
EchoStar (NASDAQ: SATS) has scheduled a conference call to discuss its third quarter 2024 financial results on Tuesday, November 12, 2024, at 11 a.m. Eastern Time. The call will be available in listen-only mode through the company's investor relations website. Participants can join via dial-in numbers (877) 484-6065 (U.S.) or (201) 689-8846 using Conference ID 13750022. The financial results will be distributed prior to the call and posted on the company's investor relations website. A webcast replay will be available for 48 hours after the call.