Deal is dead... ?

[Scott Greczkowski]

Just got a call from a friend who tells me (unofficially) the deal is dead. He says they are celebrating.

What a wild turn of events. Dish lives on. Don't know what this means for DIRECTV.

 

[b4pjoe]

If true it means DISH is further in debt than they were and for DIRECTV it means they have less debt than they would have if the deal went through plus DISH owes them $2.5 billion dollars plus Charlie owes them $1.00. 😁

 

[harshness]

plus DISH owes them $2.5 billion dollars

I don't read it that way. I see the bond payment money as being a non-refundable deposit just as with the previous merger attempt where DISH was charged a substantial "back-out" fee for not completing the acquisition of DIRECTV.

 

[dishdude]

Just got a call from a friend who tells me (unofficially) the deal is dead. He says they are celebrating.

What a wild turn of events. Dish lives on. Don't know what this means for DIRECTV.

I'm not sure anyone should be celebrating, they're still in a difficult position.

 

[John2021]

what are they celebrating that both companies are losing there asses

 

[CSM]

Just got a call from a friend who tells me (unofficially) the deal is dead. He says they are celebrating.

What a wild turn of events. Dish lives on. Don't know what this means for DIRECTV.

But for how long?

 

[John2021]

But for how long?

if dtv goes out i'm am almost sure that we would be converted to some streaming service or they might convert us over to dish

 

[Bruce]

If anyone has any Echostar stock, that they bought when it was in the $16-17 range, dump it now before the news hits.

 

[CSM]

if dtv goes out i'm am almost sure that we would be converted to some streaming service or they might convert us over to dish

I'm thinking DTV could stick around longer than Dish. They are going to be a separate company since AT&T sold their 70% stake to TPG. Unless TPG won't see DTV as profitable without the Dish Network merger and TPG decides to sell it or scrap it? They can still sell Satellite until 2034 until that runs out of fuel, unless that isn't profitable by then either?

If Dish Network goes bankrupt and they cancel that new satellite that they have ordered their last two satellites launched in 2010 would run out of fuel next year. Unless they could extend those a little bit longer?

 

[Radioguy41]

Do any of you naysayers understand that Dish sat services is still making money? Of course they're celebrating, they made their deadline, plus what appears to be a hefty non-refundable deposit, plus they obtained the funding needed, all without losing the money making part of the company. Seems to me that's called a win-win-win.

 

[b4pjoe]

I don't read it that way. I see the bond payment money as being a non-refundable deposit just as with the previous merger attempt where DISH was charged a substantial "back-out" fee for not completing the acquisition of DIRECTV.

I seriously doubt TPG agreed to pay $2.5 billion for their debt payment and then lose it if the Dish bond holders rejected the deal. TPG didn’t have billions of dollars on hand because they are stupid.

 

[Bruce]

I don't read it that way. I see the bond payment money as being a non-refundable deposit just as with the previous merger attempt where DISH was charged a substantial "back-out" fee for not completing the acquisition of DIRECTV.

Do any of you naysayers understand that Dish sat services is still making money? Of course they're celebrating, they made their deadline, plus what appears to be a hefty non-refundable deposit, plus they obtained the funding needed, all without losing the money making part of the company. Seems to me that's called a win-win-win.

I have not seen one article saying it is a non-refundable deposit, both of you are putting that info in here, post a link to prove it.

 

[Bruce]

I'm thinking DTV could stick around longer than Dish.

There is no way, losing 2 Million a year in Subscribers, with the 10 Million they have now, they are about 3 years, at the most, before they hit unprofitability.

They are going to be a separate company since AT&T sold their 70% stake to TPG.

Unless TPG has a out clause, no idea if true.

They can still sell Satellite until 2034 until that runs out of fuel, unless that isn't profitable by then either?

By 2034, 10M subscribers as of now, losing 2 Million a year, by 2034, they will be a negative 8-10 Million in subscribers.

Plus the fact that their equipment is getting pretty old, imagine it in 10 years.

If Dish Network goes bankrupt and they cancel that new satellite that they have ordered their last two satellites launched in 2010 would run out of fuel next year.

Dish is not going Bankrupt anytime soon, thanks to the stupidity of TPG, basically loaning them $2B.

Unless they could extend those a little bit longer?

Both companies Satellites are getting extremely old, but at least Dish has one on order.

Even if DirecTV order one today, it would not be ready until that period they become unprofitable.

 

[Scott Greczkowski]

But for how long?

Well they are currently debt free (meaning no debt coming due) for almost 2 years. All the debt they had due for November has been paid. They are in a good place right now.

 

[Scott Greczkowski]

I seriously doubt TPG agreed to pay $2.5 billion for their debt payment and then lose it if the Dish bond holders rejected the deal. TPG didn’t have billions of dollars on hand because they are stupid.

But that is what they appear to have done.

Never play cards with Charlie.

 

[CSM]

Well they are currently debt free (meaning no debt coming due) for almost 2 years. All the debt they had due for November has been paid. They are in a good place right now.

Do you think they will still launch that new satellite or cancel it? Their latest satellite will run out of fuel next year. Unless they can extend it?

 

[Scott Greczkowski]

Do you think they will still launch that new satellite or cancel it? Their latest satellite will run out of fuel next year. Unless they can extend it?

I was told new satellite is still full speed ahead. Business as usual.

 

[CSM]

I was told new satellite is still full speed ahead. Business as usual.

I wonder if the deal would have gone through would the new satellite be able to be configured to work with the DTV equipment?

 

[Scott Greczkowski]

I wonder if the deal would have gone through would the new satellite be able to be configured to work with the DTV equipment?

A satellite just bounces off the signals sent to it. It don't matter if its DISH or DIRECT or something else. Its the receiver which takes the signal and decodes it and thus a DIRECTV receiver decides DIRECTV and a DISH receiver decides dish. In fact DISH and DIRECTV have satellites at the 110 orbital location and the DISH receivers do not see or decode the DIRECTV signals at 110 not do the DIRECTV receivers get the DISH signals.

A satellite is basically a big mirror mirror that bounces radio waves off of it that are being sent to it. (Of course there is more to it, but I said it in simplest form)

 

[navychop]

Three points:

1. That satellite under construction is so far along, I believe it will be about the same price, maybe cheaper, to finish building it over cancellation. Plus, it MIGHT be sale able. Not sure to WHO, though.

2. Satellites tend to last in orbit long after their initial EOL due to fuel. We shall see.

3. As Scott said, satellites are a bent pipe. In their frequency range, it doesn’t matter what the signal modifications are.