Dish Network

Dish Network reportedly fielded financing offers from private credit companies in the face of increased pressure to pay down a debt load which matures later this year.

EchoStar snagged contract extensions from the US Department of Defence (DoD) for open RAN-based private 5G networks across several military installations, which marked a much-needed customer win for the company.

Israel-based analytics and security vendor Allot Communications predicted an increase of approximately $9 million in allowance for credit losses for 2023, largely due to missed payments by Dish Network.

EchoStar formed a subsidiary for some of its wireless spectrum licences following a merger with Dish Network, part of a plan to unlock financial and operating flexibility.

Dish Wireless secured a $50 million grant from the NTIA to establish the Open RAN Centre for Integration and Deployment, to test the interoperability, performance and security of offerings from various vendors.

EchoStar completed its merger with Dish Network, reuniting two companies originally split in 2008 and creating what the former claims will be a leading global player combining terrestrial and non-terrestrial wireless connectivity.

The US Federal Communications Commission cleared a deal under which Dish Network will become a subsidiary of EchoStar, as part of move by billionaire owner Charlie Ergen to reunite companies split in 2008.