I don't see where there is any delay in the money that is owed. In fact now they have to have 80% build out instead of 75% by the end of this year. How is this going to be accomplished in less than 3 months? Where is the money coming from ?
According to Dish, still at 70% a few months ago.My understanding is the 80 percent (population based) build is essentially done.
I am sure going to miss Dish when it's gone. The Hopper can't be beat!
According to Dish, still at 70% a few months
Isn't this 2024???LolAccording to Dish, still at 70% a few months ago.
The DISH 5G Network is Now Available to Over 70 Percent of the U.S. Population
More than 240 million Americans now have access to DISH 5G broadband service; DISH satisfies June 14, 2023 FCC commitments LITTLETON, Colo., June 15, 2023 /PRNewswire/ -- As of June 14, DISH...about.dish.com
I meant to write in no new press releases since then along with a year and a few months ago.Isn't this 2024???Lol
The latest increase in the stock price is because of the rumor that DirecTV was buying Dish, but now we know that was ********, totally false and started by Dish themselves.Most of the people here predicting bankruptcy for Dish have no idea about what they're talking about.
Wall Street investors don't pay $26 a share for a company that's soon going bankrupt. It is the highest stock price in over two years.
But the skeptics can still short the stock on Monday and make a fortune if does go under!
Rolling the debt is the easyish part. Funding the remainder of the rollout is another. Dish still isn't making enough money with Boost or some 5G service.I'm of the opinion, they will roll the debt and no bankruptcy.
Rolling the debt is the best alternative for the lenders.
The lenders have locked up their money in a business that spent billions on licenses and equipment that now has 80 percent coverage with roaming rights. Echostar can now push market penetration and get money coming in.
Correct, no matter what, they will need additional funding-Rolling the debt is the easyish part. Funding the remainder of the rollout is another. Dish still isn't making enough money with Boost or some 5G service.
That is exactly what I am talking about. They now have to do a 80% build out by the end of this year instead of 75% build out by next June and they still have no money on hand to fund Q 4 operations or to pay the coming $2 billion of debt maturing in November. Where are they going to get the money for these two things? I didn't see any body saying Charlie is coming into some new investments in his company. So how is either of these two things going to happen in 3 months time or less?Correct, no matter what, they will need additional funding-
EchoStar has $2 billion of debt maturing on November 14 and has previously said it does not have the necessary cash on hand to fund Q4 operations or the coming debt maturity.
That statement shows they will be out of Cash by the 4th quarter, which starts in a little more then a week.
Dish seeks more time for 5G buildout
Dish's parent company, EchoStar, is seeking a waiver from the FCC that will extend the deadline for its 2025 5G network buildout commitments. In exchange, the company is proposing several new commitments, including accelerated deployments in certain markets.www.lightreading.com
We already knew that 2 days ago.Here you go all you nay sayers that kept saying the FCC would pull the plug. The FCC already ruled 2 days ago.
FCC Grants EchoStar's 5G Buildout Framework for the Boost Mobile Network
I like the first paragraph, about competition. Then they will lose money and one of the big wireless companies will buy it all for pennies on the dollar! And the big will get larger.Here you go all you nay sayers that kept saying the FCC would pull the plug. The FCC already ruled 2 days ago.
FCC Grants EchoStar's 5G Buildout Framework for the Boost Mobile Network
More nonsensical hatred of corporations out of you.I like the first paragraph, about competition. Then they will lose money and one of the big wireless companies will buy it all for pennies on the dollar! And the big will get larger.
Seriously? Do you ever actually read any of the posts or do you just pick and choose to comment based on headlines.Who posted the FCC would say no?