Tag: Echostar
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EchoStar to sell more spectrum licenses to SpaceX for $2.6 billion
Englewood-based EchoStar said on Thursday it would sell a set of wireless spectrum licenses to SpaceX for about $2.6 billion in exchange for stock in the space startup, while also announcing a leadership transition at the CEO level, according to reporting from Reuters. Separately in the day, the telecommunications services company announced a new investment arm…
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Dish announces third round of layoffs in 2024
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Dish Network will sever more than 50 employees in the next two months, the company announced this week. It’s the third round of layoffs in 2024 for the Centennial-based company. Dish announced the upcoming layoffs in a Worker Adjustment and Retraining Notification Act (WARN) listing on Tuesday, claiming that layoffs will include employees at the…
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Dish Network set to lay off over 150 employees at Englewood headquarters
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Dish Network plans to lay off 157 employees at their Englewood headquarters this spring — only eight days after the company officially merged with satellite and internet communications company, EchoStar. Dish Network announced the upcoming layoffs in a Worker Adjustment and Retraining Notification Act (WARN) listing on Monday, claiming that layoffs will include employees at connected…
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Dish-EchoStar merger finalized
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Englewood-based EchoStar Corp. completed a merger with Dish Network Corp. Sunday. Dish Network comes out of the deal as a wholly owned subsidiary of EchoStar (NASDAQ: SATS). Each share of Dish Class A and Class C Common Stocks are now converted to .350877 shares of EchoStar Class A Common Stock, according to a news release. …