Dish files for Chapter 11 to speed up debt restructuring
US pay-TV operator Dish, owned by Echostar, has filed for Chapter 11 bankruptcy protection in the US, in an effort to complete a debt restructuring deal first agreed with creditors in March. Dish DBS, including its subsidiary Dish Wireless, fall under the revised plan, and the company said it has holders of over 88 percent of its secured and unsecured notes backing the restructuring. Following approval by the court in Texas, Dish is hoping to proceed with the unwinding of its mobile business and continuatio