EchoStar/Dish raises doubts about 'ability to continue as a going concern'

[fmj77]

Back on topic, sort of, I've been getting some interesting offers from Dish since I cancelled a couple of years ago. 2 year price lock on any of their plans and a $500 prepaid debit card. Very tempting.

 

[bookworm370]

And he bought it for $44 billion and it's only worth $12.5 billion as of January of 2024. Real good investment huh? That is a 71% decrease from the price Musk paid for the company in 2022. He is running it straight into the ground.

I read a fascinating analysis of why this may be true. It seems that the loss he's taken on X-ster can be used to offset gains in his other businesses. So if you consider the tax implications of offsetting Tesla, etc., Running it into the ground might be a shrewd decision. A pity, though. Twitter was good, but when he's done with it, he will fire sale it to someone who hopefully might resurrect it. I think Meta might buy it and fold it into Threads or something like that. If they are smart they will

 

[Ronnie-]

Deleted some political type posts, and some that quoted since deleted posts.

This is not the pit.

 

[telstar_1]

Right from twitter)
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IOW we can do whatever we please, capriciously or otherwise, and you have no defensible rights here.

 

[Strega]

It seems that the loss he's taken on X-ster can be used to offset gains in his other businesses.

Do you mean tax-loss harvesting?

Tax-loss harvesting can make a loss less painful if it happens, but since taxes are a fraction of gains or losses, I’m having trouble seeing where someone would generate intentional losses just to tax-loss harvest.

 

[Peter Parker]

Deleted some political type posts, and some that quoted since deleted posts.

This is not the pit.

You have my sympathy. Long ago there was a business related forum and one of the issues was that some topics brought out the portion of our membership that wanted to make everything political.

 

[KAB]

You have my sympathy. Long ago there was a business related forum and one of the issues was that some topics brought out the portion of our membership that wanted to make everything political.

IOW, nothing has changed.

 

[Bruce]

Little more news-

Dish Network has received at least one financing proposal valued at more than $1 billion, with collateral on that financing tied to Dish Network’s extensive spectrum portfolio.

Dish Network is reportedly sitting on $20 billion in debt and posted distressing operational and financial results for its most recent operating quarter. The Bloomberg report cited Bloomberg Intelligence senior credit analyst Stephen Flynn who noted in a recent report that “EchoStar’s debt load of almost $22 billion is likely untenable, and the company could pursue maneuvers to improve liquidity and extend its maturity profile.”

EchoStar ended its most recent quarter with $2.4 billion in cash and marketable securities, which it planned to use pay $1 billion in notes that were due in March. It has another $2 billion in bond securities due in November and $9 billion more due in 2026.

However, it’s not currently generating enough cash flow from operations to help fund that $2 billion in bonds due later this year, thus the current financial scrambling.

Based on that above analysis, Dish needs at least about $15 Billion to cover the debt due within the next 3 years, plus they need to continue to build out to make the 75% FCC Deadline-

Covering 75% of each of its spectrum license areas with 5G, by June 2025. Analysts believe Dish will need another 15,000 cell towers – and an additional $2 billion to $3 billion – to reach that goal.

Dish Network’s billion-dollar financing gamble intensifies

EchoStar is reportedly working to secure more than $1 billion in financing to help the communications provider’s Dish Network subsidiary.

www.sdxcentral.com

Could Dish try to push out its 2025 buildout deadlines?

'We believe the most likely path forward for Dish near term is to negotiate an extension on its 2025 FCC coverage requirement,' wrote the financial analysts at Wells Fargo.

www.lightreading.com

 

[telstar_1]

Little more news-

Dish Network has received at least one financing proposal valued at more than $1 billion, with collateral on that financing tied to Dish Network’s extensive spectrum portfolio.

Dish Network is reportedly sitting on $20 billion in debt and posted distressing operational and financial results for its most recent operating quarter. The Bloomberg report cited Bloomberg Intelligence senior credit analyst Stephen Flynn who noted in a recent report that “EchoStar’s debt load of almost $22 billion is likely untenable, and the company could pursue maneuvers to improve liquidity and extend its maturity profile.”

EchoStar ended its most recent quarter with $2.4 billion in cash and marketable securities, which it planned to use pay $1 billion in notes that were due in March. It has another $2 billion in bond securities due in November and $9 billion more due in 2026.

However, it’s not currently generating enough cash flow from operations to help fund that $2 billion in bonds due later this year, thus the current financial scrambling.

Based on that above analysis, Dish needs at least about $15 Billion to cover the debt due within the next 3 years, plus they need to continue to build out to make the 75% FCC Deadline-

Covering 75% of each of its spectrum license areas with 5G, by June 2025. Analysts believe Dish will need another 15,000 cell towers – and an additional $2 billion to $3 billion – to reach that goal.

Dish Network’s billion-dollar financing gamble intensifies

EchoStar is reportedly working to secure more than $1 billion in financing to help the communications provider’s Dish Network subsidiary.

www.sdxcentral.com

Could Dish try to push out its 2025 buildout deadlines?

'We believe the most likely path forward for Dish near term is to negotiate an extension on its 2025 FCC coverage requirement,' wrote the financial analysts at Wells Fargo.

www.lightreading.com

Great, more towers to blight the land, more microwaves assaulting the brain.

 

[Juan]

Little more news-

Dish Network has received at least one financing proposal valued at more than $1 billion, with collateral on that financing tied to Dish Network’s extensive spectrum portfolio.

Dish Network is reportedly sitting on $20 billion in debt and posted distressing operational and financial results for its most recent operating quarter. The Bloomberg report cited Bloomberg Intelligence senior credit analyst Stephen Flynn who noted in a recent report that “EchoStar’s debt load of almost $22 billion is likely untenable, and the company could pursue maneuvers to improve liquidity and extend its maturity profile.”

EchoStar ended its most recent quarter with $2.4 billion in cash and marketable securities, which it planned to use pay $1 billion in notes that were due in March. It has another $2 billion in bond securities due in November and $9 billion more due in 2026.

However, it’s not currently generating enough cash flow from operations to help fund that $2 billion in bonds due later this year, thus the current financial scrambling.

Based on that above analysis, Dish needs at least about $15 Billion to cover the debt due within the next 3 years, plus they need to continue to build out to make the 75% FCC Deadline-

Covering 75% of each of its spectrum license areas with 5G, by June 2025. Analysts believe Dish will need another 15,000 cell towers – and an additional $2 billion to $3 billion – to reach that goal.

Dish Network’s billion-dollar financing gamble intensifies

EchoStar is reportedly working to secure more than $1 billion in financing to help the communications provider’s Dish Network subsidiary.

www.sdxcentral.com

Could Dish try to push out its 2025 buildout deadlines?

'We believe the most likely path forward for Dish near term is to negotiate an extension on its 2025 FCC coverage requirement,' wrote the financial analysts at Wells Fargo.

www.lightreading.com

Something wrong with that article..it said dish needed 15k cell towers to reach 70% ( dish says 18k under construction...then "analysts" believe another 15k towers to reach 75%... I don't think they have to double their towers for another 5%... but thats just me..


Verizon is independently operating approximately 2,000 cell towers and over 4,200 rooftop sites throughout the United State, with 11,324 towers being managed …

 

[Bruce]

Something wrong with that article..it said dish needed 15k cell towers to reach 70% ( dish says 18k under construction...then "analysts" believe another 15k towers to reach 75%... I don't think they have to double their towers for another 5%... but thats just me..

They need more towers for that extra 5% because it is over rural areas, houses/people are not so close together like they are in metro areas.

I have pointed out before, I live in a semi-rural area in Florida, I have to go out to the middle of the yard to get a 5G or any other signal (still not that good, glad I have wifi calling), but back in my old subdivision in Metro Detroit, where the houses are packed in like sardines, they have all 3 Cell Companies 5G Home Internet available, along with Comcast, here I am lucky to have Charter.

 

[Juan]

They need more towers for that extra 5% because it is over rural areas, houses/people are not so close together like they are in metro areas.

I have pointed out before, I live in a semi-rural area in Florida, I have to go out to the middle of the yard to get a 5G or any other signal (still not that good, glad I have wifi calling), but back in my old subdivision in Metro Detroit, where the houses are packed in like sardines, they have all 3 Cell Companies 5G Home Internet available, along with Comcast, here I am lucky to have Charter.

So 1 site per 3 customers? I don't think so

 

[Bruce]

So 1 site per 3 customers? I don't think so

Dish made the agreement with the FCC with regards to the coverage, take it up with them.

But that is the end of my back and forth with you.

 

[Juan]

Dish made the agreement with the FCC with regards to the coverage, take it up with them.

But that is the end of my back and forth with you.

View attachment 170647

You don't understand what 75% coverage means....even att and verizon have large gaps in rural areas

 

[Yespage]

75% means many things. 75 out 100. It is an average grade in school, while it is approaching a 1 to 1 grade for a road. 75% isn't common in elections and usually is only for zoo or park levies.

 

[ekilgus]

75% means many things. 75 out 100. It is an average grade in school, while it is approaching a 1 to 1 grade for a road. 75% isn't common in elections and usually is only for zoo or park levies.

I think logically, 75% can only mean one of two things. It might mean coverage for 75% for all phone users, or it might mean 75% of the landmass of the United States. I'm thinking the former would be the one it means because 5g coverage of 75% of the United States land mass seems kind of impossible.

 

[nelson61]

I have pointed out before, I live in a semi-rural area in Florida, I have to go out to the middle of the yard to get a 5G or any other signal (still not that good, glad I have wifi calling), but back in my old subdivision in Metro Detroit, where the houses are packed in like sardines, they have all 3 Cell Companies 5G Home Internet available, along with Comcast, here I am lucky to have Charter.

I live in a concrete house with low outdoor cell strength. Like zip reception indoors . I bought an outdoor receive antenna and 3 booster antennas indoors from Wilson which provided excellent reception to cure the problem.

Wilson Signal Booster | Shop the Best Cell Phone Boosters

Shop the complete selection of weBoost cell phone signal boosters, WilsonPro commercial boosters, weBoost antennas, and accessories. Best prices. Free shipping. Satisfaction Guaranteed.

www.wilsonsignalbooster.com

 

[Yespage]

I think logically, 75% can only mean one of two things. It might mean coverage for 75% for all phone users, or it might mean 75% of the landmass of the United States. I'm thinking the former would be the one it means because 5g coverage of 75% of the United States land mass seems kind of impossible.

*ponders Alaska having 75% land mass coverage of cell phone towers*

 

[Yespage]

I live in a concrete house with low outdoor cell strength. Like zip reception indoors . I bought an outdoor receive antenna and 3 booster antennas indoors from Wilson which provided excellent reception to cure the problem.

Wilson Signal Booster | Shop the Best Cell Phone Boosters

Shop the complete selection of weBoost cell phone signal boosters, WilsonPro commercial boosters, weBoost antennas, and accessories. Best prices. Free shipping. Satisfaction Guaranteed.

www.wilsonsignalbooster.com

I worked in one old tall building with Boost Infinite and my reception wasn't that good. Worked by an exterior wall. We moved recently into a different old(er) tall building, I'm not that far from an exterior wall and my reception is just fine.

I don't know if they improved things, because I do remember being in Playhouse Square and having nadda, and then a few shows ago, noticed I had signal. But that is a different city than I work in.

 

[odbrv]

Great, more towers to blight the land, more microwaves assaulting the brain.

There are more than 5 million towers in the world. Less than 10% are in the US. China has about 50% of them and India has about 20%. Towers are vulnerable to electronic attack as Russia did to the Ukraine to disrupt their communication. Starlink saved the day by letting Ukraine use their satellite net to communicate . Now that their will be multiple satellite low orbit webs I hope Dish is figuring out how to use them in addition to building towers.