Echostar
Globalstar refinancing ends liquidity crisis
Globalstar executives on Dec. 2 said the recent refinancing of its $342 million debt and new loans secured with help from EchoStar ensures sufficient cash flow through 2025.
Globalstar borrows $199M with EchoStar’s help • Measat buys Ariane 5 launch
Globalstar is borrowing $199 million through a loan arranged by its controlling shareholder Thermo and fleet operator EchoStar.
EchoStar, fresh off Helios Wire acquisition, orders S-band smallsats from Tyvak
EchoStar has ordered two tiny S-band satellites from Tyvak Nano-Satellite Systems to jumpstart a low-Earth-orbit constellation using spectrum gained through its October acquisition of IoT startup Helios Wire.
EchoStar selling broadcast business, including nine satellites, to Dish for $800 million
The sale includes nine satellites — half of EchoStar’s fleet when counting leased payloads — plus employees who handled satellite operations, associated properties, and licensing for an orbital slot.
EchoStar, Khosla Ventures invest $60 million in Wyler-backed broadband venture
Tarana Wireless has raised $200 million in total from investors that include AT&T, Deutsche Telekom and Wyler’s 1010 Holdings, LLC.
Echostar’s take on high-throughput satellites: best bought one at a time
EchoStar wishes it ordered its latest satellite, Jupiter-3, sooner than it did, but won’t seek to play catch up by buying another copy of the satellite in order to meet surging demand for broadband connectivity, executives said Feb. 21.
Pradman Kaul details Hughes’ global satellite broadband ambitions
Kaul says Hughes' entrance into Africa with Yahsat gives it a head start over Viasat, which has similarly expanded first into Latin America while also having eyes on Africa and the globe.
Yahsat and Hughes Network Systems form partnership
Emirati satellite fleet operator Yahsat and Echostar’s Hughes Network Systems are seeking regulatory approval for a joint venture to offer ka-band broadband service in Africa, the Middle East and southwest Asia.
EchoStar’s Charlie Ergen: Inmarsat bid refusal a disappointment, industry needs scale and broadband is the future
EchoStar Chairman Charlie Ergen said analyst missed synergies apparent in an EchoStar-Inmarsat merger, and that the satellite industry needs bigger players to tackle the mammoth global need for connectivity as satellite operator strength shifts from television to broadband.
Inmarsat not for sale, CEO says
Inmarsat CEO Rupert Pearce said Wednesday the two purchase offers Inmarsat received from EchoStar this summer priced the company too low to take seriously.
Inmarsat rejects second EchoStar merger proposal
U.S. fleet operator EchoStar on July 6 abandoned a $4.25 billion effort to buy Inmarsat after the British satellite operator rejected EchoStar’s second merger offer in less than a month.
Inmarsat rejects EchoStar takeover proposal
British satellite operator Inmarsat rejected an acquisition offer from EchoStar Corp. of Englewood, Colorado, curbing hopes that consolidation could reduce an oversupply of satellite capacity.
Echostar, now building OneWeb ground network, says company not a competitor
EchoStar is not raising a new competitor by investing in and building technology for OneWeb’s low-Earth orbit constellation, a company executive said Nov. 10.
SpaceX launches third pre-flown rocket with EchoStar-SES satellite, lands booster
SpaceX completed its third launch with a previously used first stage booster Oct. 11, carrying a geostationary satellite for customers EchoStar and SES.
Errant EchoStar-3 satellite retired into graveyard orbit
An EchoStar satellite that stopped obeying commands this summer has since been boosted into a graveyard orbit some 350 kilometers above the geostationary belt, EchoStar said Sept. 6.
