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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DirecTV set to buy Englewood-based Dish TV and Sling for $1
Dish TV has more than 4,000 employees in the metro Denver area.
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Dish announces third round of layoffs in 2024
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
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
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. …