Echostar Stock Price, News & Analysis
Company Description
EchoStar Corporation (NASDAQ: SATS) is described in its public disclosures as a premier provider of technology, networking services, television entertainment and connectivity. According to the company’s own "About EchoStar" statements in multiple press releases and filings, EchoStar offers consumer, enterprise, operator and government solutions worldwide under a portfolio of well-known brands, including EchoStar, Boost Mobile, Sling TV, DISH TV, Hughes, HughesNet, HughesON and JUPITER. The company’s activities span wireless services, pay television, and broadband and satellite-based networking, aligning with its classification in radio and television broadcasting and wireless communications equipment manufacturing within the manufacturing sector.
Business segments and brands
EchoStar’s own financial reporting divides its operations into three primary segments: Wireless, Pay-TV, and Broadband & Satellite Services. In its quarterly results release for the period ended September 30, 2025, the company explains that the Wireless segment consists predominantly of the Boost Mobile brand. Pay-TV consists of DISH TV and Sling TV, while Broadband & Satellite Services consists predominantly of the Hughes enterprise and consumer family of brands.
The same disclosure notes that EchoStar has also created a new division called EchoStar Capital, described as an investment division intended to develop future growth opportunities for the corporation. This reflects the company’s intention, as stated in its press release, to use capital from spectrum-related transactions to pursue new business investment beyond its existing pay-TV, wireless and enterprise units.
Wireless: Boost Mobile
EchoStar identifies Boost Mobile as a central part of its Wireless segment. In multiple press releases issued under EchoStar’s name, Boost Mobile is described as a brand under EchoStar Corporation that offers wireless plans and access to a nationwide 5G network. The company highlights Boost Mobile’s focus on simple, flexible and transparent plans, with pricing that starts at a stated monthly amount for unlimited 5G service, and emphasizes that customers are not required to sign annual service contracts or provide device trade-ins to access many of its offers.
Recent EchoStar-branded announcements describe Boost Mobile as the "newest nationwide mobile carrier" in the United States and reference its "cloud-native O-RAN 5G network". These communications emphasize value-focused promotions such as limited-time offers on unlimited plans, device discounts, and promotions tied to porting in a number or adding lines. All of these details are presented by EchoStar and Boost Mobile in official news releases and are part of how EchoStar characterizes its wireless operations.
Pay-TV: DISH TV and Sling TV
EchoStar’s Pay-TV segment, as described in its financial results release, consists of DISH TV and Sling TV. The company reports that this segment generates a substantial portion of its revenue and tracks metrics such as churn, average revenue per user (ARPU), and subscriber counts. In the same release, EchoStar notes that DISH TV churn reached a historic low for a third quarter and that Sling TV added subscribers in the period, indicating ongoing activity in both brands.
In a separate EchoStar news release, Sling TV is described as a live streaming TV service that provides access to hundreds of channels across general market, Latino and international services. The release outlines Sling TV’s offering of short-term pass subscriptions (1-Day, 3-Day and 7-Day Pass options) for its Sling Orange service, highlighting the company’s focus on flexibility and short-term access without long-term contracts. EchoStar’s Pay-TV segment disclosures also reference the introduction of these pass subscriptions as part of its product lineup.
Broadband & Satellite Services: Hughes and related brands
EchoStar’s Broadband & Satellite Services segment is described as consisting predominantly of the Hughes enterprise and consumer family of brands. In multiple news releases, Hughes Network Systems, LLC is identified as an EchoStar company that provides broadband equipment and services, managed services featuring smart, software-defined networking, and end-to-end network operation for a wide range of customers.
According to Hughes’ own descriptions, which EchoStar includes in its communications, the flagship internet service Hughesnet connects millions of people across the Americas, and the Hughes JUPITER System powers internet access for tens of millions more worldwide. Hughes states that it supplies more than half of the global satellite terminal market to satellite operators, mobile network operators and military customers, and that it supports approximately half a million enterprise sites with wired and wireless solutions that include 5G Open RAN and Low Earth Orbit (LEO) satellites.
Hughes also describes specific product developments, such as Low Earth Orbit terminals in ruggedized transportable cases certified for Comms-on-the-Pause service, designed to provide immediate broadband connectivity via Eutelsat’s OneWeb LEO network. These terminals are presented as suitable for use cases like emergency response, disaster preparedness, upstream oil and gas exploration, and mobile telecom deployments, illustrating the type of satellite-based connectivity solutions that fall within EchoStar’s Broadband & Satellite Services segment.
Geographic footprint and subsidiaries
EchoStar’s own "About" statements note that the company operates globally. It states that in Europe, it operates under its EchoStar Mobile Limited subsidiary, and in Australia it operates as EchoStar Global Australia. These descriptions appear consistently across several EchoStar press releases and are part of the company’s self-reported geographic footprint.
Spectrum assets and strategic transactions
EchoStar’s financial results release and Form 8-K filing describe significant activity related to spectrum licenses. In the third quarter of 2025, EchoStar announced two large spectrum transactions, one with AT&T and another with SpaceX, which the company characterizes as transformative. The company reports that these transactions were instrumental in resolving the U.S. Federal Communications Commission’s review of its spectrum utilization and that the FCC confirmed EchoStar had met all 5G network buildout requirements and related obligations.
In a separate press release and corresponding Form 8-K, EchoStar details an Amended and Restated License Purchase Agreement with Space Exploration Technologies Corp. (SpaceX). Under this agreement, EchoStar agreed to transfer up to an aggregate of 15 MHz of AWS spectrum in the 1695–1710 MHz range for each relevant license area in exchange for additional consideration in SpaceX Class A common stock. As a result, the total consideration for the transactions with SpaceX increased to a stated amount, with a portion to be paid in SpaceX stock. EchoStar describes these transactions as part of a broader relationship that includes AWS-3, AWS-4 and H-block spectrum, and notes that the combination of these spectrum assets with SpaceX’s launch and satellite manufacturing capabilities is intended to support direct-to-cell service offerings, including for Boost Mobile customers.
Corporate structure and capital allocation
EchoStar’s disclosures highlight the creation of EchoStar Capital as a new division tasked with investing capital from spectrum transactions to fuel future growth opportunities. The company states that EchoStar Capital will focus on developing new business opportunities in areas aligned with EchoStar’s strategic expertise domains, beyond its established pay-TV, wireless and enterprise business units. The related Form 8-K also notes leadership appointments associated with this division and with EchoStar’s broader corporate roles, though specific compensation and governance details are referenced to the company’s proxy statement rather than restated in the filing.
Financial reporting and segment metrics
In its quarterly results for the period ended September 30, 2025, EchoStar provides segment-level revenue and operating metrics for Pay-TV, Wireless, and Broadband & Satellite Services. The company reports revenue by segment and discusses metrics such as subscriber net additions, churn, ARPU, and contracted backlog. It also discloses non-GAAP measures such as OIBDA and Adjusted OIBDA, explaining that these metrics are defined as operating income (loss) plus depreciation and amortization, with Adjusted OIBDA further excluding one-time, non-cash items like impairments. EchoStar states that it uses these measures to evaluate operating profitability on a more variable cost basis and to compare performance across segments and with competitors.
The same release notes that, as a result of spectrum-related developments and changes in its hybrid mobile network operator business model, EchoStar began the abandonment and decommission process for certain portions of its 5G network that will not be utilized. The company reports that these developments led to a one-time, non-cash impairment charge of a specified amount, reflecting a significant adverse change in the intended use of certain assets.
Debt and capital structure
EchoStar has disclosed the existence of 3.875% Convertible Senior Secured Notes due 2030. In a press release dated January 5, 2026, the company announced an additional conversion period for these notes, stating that holders have the option to convert their notes during a defined period. The notes are convertible into cash, shares of EchoStar common stock, or a combination of both, at EchoStar’s election, at a specified conversion rate and equivalent conversion price per share. The company explains that the notes became convertible because the market price of its common stock exceeded a defined threshold relative to the conversion price over a specified trading period, in accordance with the terms of the indenture governing the notes.
Regulatory status and listing
EchoStar’s Form 8-K filing confirms that the company is incorporated in Nevada and that its Class A common stock trades on The Nasdaq Stock Market under the symbol SATS. The filing lists the class of securities registered under Section 12(b) of the Securities Exchange Act of 1934 and identifies Nasdaq as the exchange on which these securities are listed.
Use of forward-looking statements
EchoStar’s financial results release includes a "Safe Harbor Statement" under the U.S. Private Securities Litigation Reform Act of 1995. In this statement, the company notes that certain communications may contain forward-looking statements based on management’s beliefs and assumptions, and identifies terms that are intended to signal such statements. EchoStar cautions readers not to place undue reliance on forward-looking statements, notes that they speak only as of the date made, and refers investors to the "Risk Factors" section in its Annual Report on Form 10-K and subsequent Form 10-Q filings for a discussion of risks and uncertainties.
FAQs about EchoStar Corporation (SATS)
- What does EchoStar Corporation do?
EchoStar describes itself as a premier provider of technology, networking services, television entertainment and connectivity. It offers consumer, enterprise, operator and government solutions worldwide under brands such as EchoStar, Boost Mobile, Sling TV, DISH TV, Hughes, HughesNet, HughesON and JUPITER. - How is EchoStar’s business organized?
In its financial reporting, EchoStar organizes its operations into three main segments: Pay-TV, Wireless, and Broadband & Satellite Services. Pay-TV consists of DISH TV and Sling TV, Wireless consists predominantly of Boost Mobile, and Broadband & Satellite Services consists predominantly of the Hughes enterprise and consumer family of brands. - What is Boost Mobile’s relationship to EchoStar?
Boost Mobile is described in EchoStar press releases as a brand under EchoStar Corporation. EchoStar’s Wireless segment consists predominantly of Boost Mobile, and company communications refer to Boost Mobile as a nationwide mobile carrier offering 5G wireless plans under the EchoStar corporate umbrella. - What services does Hughes Network Systems provide within EchoStar?
Hughes Network Systems, LLC, identified as an EchoStar company, states that it provides broadband equipment and services, managed services featuring smart, software-defined networking, and end-to-end network operation. Hughes reports that its Hughesnet internet service connects millions of people across the Americas and that its JUPITER System powers internet access for tens of millions more worldwide. - What is EchoStar Capital?
EchoStar Capital is a division that EchoStar announced in connection with its third quarter 2025 financial results. The company describes EchoStar Capital as a new investment division established to develop future growth opportunities for EchoStar Corporation by investing capital from recent spectrum transactions. - On which exchange does EchoStar trade and under what symbol?
EchoStar’s Form 8-K filing states that its Class A common stock is listed on The Nasdaq Stock Market under the trading symbol SATS. - What are EchoStar’s main brands in television entertainment?
EchoStar identifies DISH TV and Sling TV as the brands that make up its Pay-TV segment. DISH TV and Sling TV are described as providing television and streaming services, and Sling TV is further characterized in EchoStar communications as a live streaming TV service with multiple channel offerings and flexible subscription passes. - How does EchoStar describe its spectrum-related activities?
EchoStar’s third quarter 2025 results release and Form 8-K describe spectrum transactions with AT&T and SpaceX, including an amended and restated license purchase agreement with SpaceX for AWS spectrum. The company reports that these transactions helped resolve FCC review of its spectrum utilization and that the FCC confirmed EchoStar had met all 5G network buildout requirements and related obligations. - What are EchoStar’s Convertible Senior Secured Notes due 2030?
EchoStar has issued 3.875% Convertible Senior Secured Notes due 2030. In a January 2026 press release, the company announced that holders have an additional period during which they may convert these notes into cash, EchoStar common stock, or a combination of both, at EchoStar’s election, subject to the terms of the governing indenture. - Does EchoStar provide guidance or forward-looking statements?
EchoStar’s financial results release includes a Safe Harbor Statement noting that certain communications may contain forward-looking statements. The company states that such statements are based on management’s beliefs and assumptions, are subject to risks and uncertainties, and directs readers to its SEC filings for further discussion of risk factors.