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Dish buys back satellites from EchoStar in all-stock deal worth USD 800 mln

Monday 20 May 2019 | 12:16 CET | News
Dish acquired some EchoStar assets already in 2017 and relies on the company's infrastructure for delivering its satellite TV services. The acquisition of the satellites is expected to create operational efficiencies and improve both free cash flow and EBITDA, the company said. The deal is expected to complete in the second half of the year, subject to the satisfaction or waiver of closing conditions.

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Categories: Broadcast & Satellite
Companies: DBS / Dish Network / EchoStar
Countries: United States
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