Echostar Corp Stock Price, News & Analysis

Boost Mobile, a nationwide wireless carrier, has launched a -time offer providing one FREE year of service on their $25 Unlimited plan or $300 off 12 months of service on higher-tier plans. This offer is available to new and existing customers who purchase an eligible 5G phone valued over $299 at full price on BoostMobile.com. The promotion includes the latest Apple and Samsung devices, with no contracts or trade-in required.

Key features of the offer include:

• Eligibility for current and new customers
• Available for up to 5 lines
• Exclusively available online at BoostMobile.com
• Access to Boost Mobile's nationwide 5G network

This promotion aligns with Boost Mobile's commitment to delivering value and making 5G technology more accessible to consumers.

Hughes Network Systems and Boost Mobile, both EchoStar (SATS) companies, successfully demonstrated optimized, multi-transport network management for the U.S. Navy. The demonstration tested remote network orchestration, WAN resiliency, and secure RAN sharing between standalone Private 5G networks at two naval bases. Hughes implemented its Smart Network Edge (SNE) technology and Network Management System (NMS) to maintain communications in contested environments.

The network supported Automated PACE planning, utilizing multiple transport paths for situational awareness. Hughes' technology can process new service requests in under 5 seconds to accommodate new threats. The demonstration confirmed that the EchoStar Private 5G ORAN network can maintain secure connectivity for devices when users travel outside the naval base, supporting inter-base operations.

Boost Mobile has become the official wireless provider for the University of Colorado in a multi-year partnership from 2024-2025 through 2027. Alongside this announcement, Boost is launching the Boost-exclusive moto g 5G Coach Prime smartphone, developed in collaboration with Deion "Coach Prime" Sanders, Head Football Coach of the University of Colorado Buffaloes.

The partnership aims to increase Boost Mobile's brand visibility and drive customer acquisition through targeted engagement. Boost will have a prominent presence at CU sports events, on campus, and across digital platforms. The moto g 5G Coach Prime, available for $29.99 with select Boost plans, features a 6.6" HD+ display, 50MP camera, and runs on Boost's nationwide 5G network. The device also includes weekly motivational messages from Coach Prime.

Hughes Network Systems, an EchoStar company (Nasdaq: SATS), has shipped over 5,000 HL1120W electronically steerable antenna (ESA) Low-Earth Orbit (LEO) terminals, establishing itself as a leading supplier for OneWeb. The HL1120W terminal features a low-profile design with a built-in modem, supporting speeds up to 195 Mbps down and 32 Mbps up. Hughes also develops gateway electronics and core modules for the Eutelsat OneWeb LEO system, capable of handling over 10,000 beam-to-beam and satellite-to-satellite handoffs per second. The company offers a fully managed LEO service, including design, installation, maintenance, and capacity, targeting business and government users in remote locations.

EchoStar (NASDAQ: SATS) reported financial results for Q2 2024. Total revenue for the first half of 2024 was $7.97 billion, down from $8.74 billion in the same period last year. The company reported a net loss of $312.97 million, compared to a net income of $466.20 million in the previous year. Diluted loss per share was $1.15, down from earnings per share of $1.51. Consolidated OIBDA totaled $912.31 million, a decrease from $1.32 billion.

In Q2 2024, Pay-TV subscribers decreased by 104,000, while Retail Wireless subscribers decreased by 16,000. Broadband subscribers decreased by 23,000. The company is focusing on aligning business synergies, profitable customer acquisition and retention, and improving its go-to-market approach for Retail Wireless.

EchoStar (NASDAQ: SATS) has announced a conference call to discuss its second quarter 2024 financial results on Friday, August 9, 2024, at noon Eastern Time. The call will be broadcast live in listen-only mode on EchoStar's investor relations website. Participants can dial in using the numbers (877) 484-6065 (U.S.) and (201) 689-8846, with the Conference ID: 13748126. A live webcast and 48-hour replay will be available on the company's Investor Relations website. EchoStar will distribute its financial results prior to the call.

EchoStar is a leading provider of technology, networking services, and entertainment solutions, operating under brands such as EchoStar, Boost Mobile, Sling TV, DISH TV, Hughes, HughesNet, HughesON, and JUPITER. The company offers services to consumers, enterprises, operators, and governments worldwide.

Hughes Network Systems, an EchoStar (Nasdaq: SATS) company, has launched a small business cybersecurity solution. The Hughes Managed Cybersecurity package offers enterprise-grade protection with automatic wireless backup connection. Powered by Fortinet's Next-Generation Firewall, it safeguards business networks and data against threats across all connected devices.

Key features include cyber protection, content filtering, higher network availability, flexible Wi-Fi connectivity, and real-time threat intelligence. Eligible Visa small business cardholders can save 25% on this solution through Visa SavingsEdge®. The package can be self-installed or professionally installed, and comes with 24/7 expert support and next-day maintenance.

Boost Mobile, the newest nationwide wireless carrier, has launched its state-of-the-art 5G network with new branding and simplified pricing. The company is offering unlimited plans starting at $25 a month, with the best pricing on any line. Boost Mobile now provides both prepaid and postpaid services under one brand, simplifying the customer experience.

Key features include:

• A new 30-day money-back guarantee for new customers
• Coverage to 99% of the country
• Four new wireless online plans with transparent pricing
• Add-on services like international coverage and Boost Protect
• A new visual identity and logo

Boost Mobile aims to shake up the wireless industry by offering more flexibility, better value, and a simplified digital purchasing experience at BoostMobile.com.

EchoStar (Nasdaq: SATS) has launched the Open RAN Center for Integration and Deployment (ORCID), a state-of-the-art testing and evaluation lab for Open RAN (O-RAN) solutions. The facility, located at EchoStar's Cheyenne, Wyoming data center, is supported by a $50 million grant from the U.S. Department of Commerce's NTIA Public Wireless Supply Chain Innovation Fund.

ORCID offers vendors the opportunity to test and validate O-RAN solutions using EchoStar's live commercial-grade cloud-native Open RAN network. The center features a real field test setup, helping drive the O-RAN ecosystem from lab to commercial deployment. EchoStar manages the ORCID consortium, which includes partners like Fujitsu, Mavenir, and VMware by Broadcom.

Vendors interested in participating in ORCID can now submit applications through the ORCID web portal at orcid.us/.