EchoStar

EchoStar Corporation
Company typePublic
IndustryTelecommunications
Satellite television
PredecessorThe first incarnation of EchoStar (Dish Network)
FoundedJanuary 1, 2008; 17 years ago (2008-01-01)
HeadquartersEnglewood, Colorado, U.S.
Key people
ProductsDirect-broadcast satellite, pay television, pay-per-view, over-the-top media services, Mobile telephony, Wireless broadband
RevenueIncrease US$1.99 billion (2021)
Increase US$217 million (2021)
Increase US$62.7 million (2021)
Total assetsDecrease US$6.05 billion (2021)
Total equityDecrease US$3.41 billion (2021)
Number of employees
c. 2,500 (2021)
Subsidiaries
Websiteechostar.com
Footnotes / references
[1]

EchoStar Corporation is an American telecommunications company that specializes in providing satellite communication, wireless telecommunications, and internet services. Its Hughes Network Systems and EchoStar Satellite Services business are operated from its headquarters in Arapahoe County, Colorado. The company also provides television services and mobile services. It is a spin-off of Dish Network, which was founded in 1980 as EchoStar Communications Corporation. This company was founded in 2008 after what is now Dish Network spun off its non-consumer assets. In an industry reverse, EchoStar proposed to buy Dish in 2023 with the acquisition being completed by the end of that year, as a result, Dish was absorbed into EchoStar as a whole.[2] EchoStar made its debut on the Fortune 500 list in 2024, ranking #242.[3] Following the acquisition of Dish, EchoStar now owns Sling TV and Boost Mobile. Its main competitor is DirecTV, who failed to acquire Dish in 2024.

  1. ^ "EchoStar Corporation 2021 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 24, 2022. Archived from the original on January 2, 2024.
  2. ^ Moritz, Scott (August 8, 2023). "Dish to Buy EchoStar as Ergen's TV Empire Shifts to Wireless". Bloomberg News. Archived from the original on January 2, 2024. Retrieved December 16, 2023.
  3. ^ "EchoStar". Fortune. Retrieved June 9, 2024.

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