by James E. Carroll
EchoStar Corporation completed its acquisition of DISH Network Corporation, creating a global leader in terrestrial and non-terrestrial wireless connectivity.
The deal combines DISH Network’s satellite technology, streaming services and nationwide 5G network with EchoStar’s satellite communications solutions.
- DISH Network’s 5G wireless network that now covers more than 70 percent of the U.S. population.
- EchoStar’s successful launch of its JUPITER 3 satellite provides significant available capacity for converged terrestrial and non-terrestrial services.
The company, with its headquarters located in Englewood, Colorado, operates globally under an array of consumer and business brands including Boost Mobile, Boost Infinite, Sling TV, DISH TV, as well as EchoStar, Hughes, and JUPITER satellite services, HughesON managed services, and HughesNet satellite internet. The integration of these brands has enabled the company to offer a comprehensive range of services across multiple sectors, providing customers with a diverse and technologically-advanced set of options.
“The completion of this merger marks an important milestone for our company and our customers, launching a new era of connectivity,” said Charles Ergen, Executive Chairman of the Board of EchoStar. “We have brought together two trailblazing companies with complementary portfolios to create a global connectivity leader with premier wireless, satellite, and video distribution capabilities. Together, EchoStar and DISH offer an enhanced consumer connectivity business and an unmatched enterprise managed services business. In a world that is increasingly wireless, we are well-positioned to drive revenue and profitable growth.”
“This merger brings us one step closer to our goal of offering ubiquitous connectivity to people, enterprises and things, everywhere,” said Hamid Akhavan, President and Chief Executive Officer of EchoStar. “Together we’re better positioned to realize the connected future by leveraging every type of transport, combined with smart, enabling technologies and fully integrated services. Our superior portfolio of technology, spectrum, engineering, manufacturing and network management expertise will deliver the unparalleled connectivity solutions that customers demand.”
