0
Video

Echostar sets details of BSS sale transaction with Dish Network

Monday 12 August 2019 | 11:12 CET | News
Echostar has published details of the all-share transaction that will result in its BSS business becoming a wholly owned subsidiary of Dish Network. As announced in May, BSS will be spun off and then combined with a subsidiary of Dish. Echostar said that shareholders will be eligible for a distribution from the transaction as of 19 August. Completion of the merger, subject to closing conditions, is expected no earlier than 10 September.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Dish Network / EchoStar
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

EchoStar acquires Helios Wire

Published 25 Oct 2019 15:56 CET | Canada
EchoStar announced that its subsidiary, EchoStar Global acquired Helios Wire, a Canada-based satellite-enabled IoT connectivity ...

EchoStar completes sale of BSS to Dish Network

Published 11 Sep 2019 09:23 CET | United States
The transaction was structured in a way as to be tax free to EchoStar and its stockholders. Under the agreement, BSS was first ...

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

Published 20 May 2019 12:16 CET | United States
Dish acquired some EchoStar assets already in 2017 and relies on the company's infrastructure for delivering its satellite TV ...