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

[GuyWhoMoves]

Yes, if one needs to know the scores, ESPN works until they charge for it.

It happened

 

[GuyWhoMoves]

It happened

The merger.....

 

[Bobby]

The merger.....

The buyout...

 

[MikeD-C05]

Good bye DISH!

 

[KAB]

Glad my contract ends in December. I want NOTHING to do with DirecTv.

 

[telstar_1]

Yes, if one needs to know the scores, ESPN works until they charge for it.

Anyone who can tune to ESPN is "charged for it" including millions who never go there, for scores or anything else, and only have the channel because it's foisted on them in a package. It's by far the highest-cost "basic" channel to the provider, which of course passes it straight on to the subscriber, with no opt-out.

 

[llokey]

Anyone who can tune to ESPN is "charged for it" including millions who never go there, for scores or anything else, and only have the channel because it's foisted on them in a package. It's by far the highest-cost "basic" channel to the provider, which of course passes it straight on to the subscriber, with no opt-out.

Maybe he should have said espn.com for the scores which is the way I read it.

 

[GuyWhoMoves]

Maybe he should have said espn.com for the scores which is the way I read it.

Sorry, I left out the .com. Next time I will send it out by morse code

 

[nelson61]

Charlie rolled the debt, sold the tv business, and will continue his quest to break in to wireless in a big way.

 

[rvvaquero]

Charlie rolled the debt

And the dice.

 

[nelson61]

"If the transaction goes through, revenue for EchoStar will primarily come from its mobile network and satellite connectivity businesses, Chief Executive Officer Hamid Malayeri said on a conference call, making it a more attractive growth story for investors. The transaction raised $5.5 billion of capital that EchoStar can invest in its Boost Mobile business to build and enhance its nationwide 5G network.

The deal will create $6 billion in additional liquidity for EchoStar and reduce its refinancing needs for the next two to three years, Malayeri said. This transaction “unencumbers our assets and allows us to independently move forward on the growth side of the business,” he said."

The combination of DirecTV and Dish has the potential to generate annual cost synergies of at least $1 billion. The merged company will be called DirecTV but continue to market the Dish TV and Sling TV brands. It will be led by Morrow.


the "if" depends on regulatory approval and the debt holders accepting a 1.5+ billion haircut

 

[Yespage]

Let's see... need to tweak the managerese here...

"If the transaction goes through, revenue for EchoStar will primarily come from its mobile network and satellite connectivity businesses, Chief Executive Officer Hamid Malayeri said on a conference call, making it a more attractive growth story for investors. The transaction raised $5.5 billion of capital that EchoStar can invest in its Boost Mobile business to build and enhance its nationwide 5G network.

We got $1 for Dish, but we are saving a boatload on interest!

The deal will create $6 billion in additional liquidity for EchoStar and reduce its refinancing needs for the next two to three years, Malayeri said. This transaction “unencumbers our assets and allows us to independently move forward on the growth side of the business,” he said."

We can get more loans now! 5G is still the future... right?

The combination of DirecTV and Dish has the potential to generate annual cost synergies of at least $1 billion. The merged company will be called DirecTV but continue to market the Dish TV and Sling TV brands. It will be led by Morrow.

We're gonna lay a lot of people off and save an overspoken amount of money.