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

[Yespage]

Does it require return communication with DiSH, like through phone line or wifi? Also heard that they're glitchy.

Some services use the ethernet, but otherwise, I think it just needs the Dish. My Hopper 3 hasn't glitched except sometimes when using Dish Anywhere and it reboots.

 

[GuyWhoMoves]

Some services use the ethernet, but otherwise, I think it just needs the Dish. My Hopper 3 hasn't glitched except sometimes when using Dish Anywhere and it reboots.

Bloomberg just released an article about a merger between Dish and Direct possible in the next coming days - date article released 9/28

 

[nelson61]

Bloomberg​

​

DirecTV, Dish Are Close to Clinching Merger Agreement​

​

DirecTV and Dish are in advanced talks to merge in a deal that would create the largest US pay-TV provider, with almost 20 million subscribers, people familiar with the matter said.

An agreement could be announced as soon as the coming days, according to the people, who asked not to be identified discussing confidential information. DirecTV is in talks to control the combined entity, which will be closely held, the people said.

----

EchoStar and TPG are expected to remain investors, the people said.

The companies are still working through details of how the combination might be structured, according to the people. While talks are advanced, they could still be delayed or falter, the people said. Bloomberg News reported talks between the parties earlier this month.

---

In August 2021, to get the TV business off its books, AT&T moved DirecTV into a joint venture with private equity investor TPG in a deal that valued the company at about $16 billion. AT&T held 70% while TPG received 30%. Due to subscriber losses, AT&T took a $15.5 billion impairment charge in 2020 to account for the lower value of the operation.

 

[mwdxer1]

They already lost a spectrum deal because no one will loan them the money, they have until November to raise $4 Billion.

A lot of the News stories I have read, no one will help them because they do not like or trust Charlie Ergen , their two aborted attempts at swapping out their debt/bonds did not help.

I have no idea what he is like in the business world, just what I read.

Also does not help they have now lost about half of their Satellite subscribers in 7 years, 1.5 Million Phone subscribers in less then 2 years, Hughes is down to 1 million subs, my guess because of availability to broadband in rural areas, 5G and Star Link, now have entered into unprofitability, 2 quarters in a row.

Many are going that way. That is why Direct & Dish need to merge. Otherwise both will be gone in time. People just cannot afford the high cost of TV thee days. Streaming has some inexpensive options and lot of free channels, but if a subscriber wants the regular "cable type package", then they pay. I was going to drop Dish, but they kept me on with a $35 locals package. The locals and a few others. That isn't bad, but over $100 a month for a good package today is way too expensive. I do not blame any of the carriers, the programmers want just too much money. There has to be a limit somewhere. Even one of the first free streaming services, Crackle is now history. They were free, but apparently could not generate enough ad money to keep them going. Who knows how long Dish can keep going, but it doesn't look good now.

 

[mwdxer1]

Bloomberg​

​

DirecTV, Dish Are Close to Clinching Merger Agreement​

​

DirecTV and Dish are in advanced talks to merge in a deal that would create the largest US pay-TV provider, with almost 20 million subscribers, people familiar with the matter said.

An agreement could be announced as soon as the coming days, according to the people, who asked not to be identified discussing confidential information. DirecTV is in talks to control the combined entity, which will be closely held, the people said.

----

EchoStar and TPG are expected to remain investors, the people said.

The companies are still working through details of how the combination might be structured, according to the people. While talks are advanced, they could still be delayed or falter, the people said. Bloomberg News reported talks between the parties earlier this month.

---

In August 2021, to get the TV business off its books, AT&T moved DirecTV into a joint venture with private equity investor TPG in a deal that valued the company at about $16 billion. AT&T held 70% while TPG received 30%. Due to subscriber losses, AT&T took a $15.5 billion impairment charge in 2020 to account for the lower value of the operation.

Hopefully this would keep both services afloat for a few more years.

 

[nelson61]

Hopefully this would keep both services afloat for a few more years.

Together they have at least 30 billion dollars in annual sales. They are not going away for many many years, maybe decades.

 

[ekilgus]

Bloomberg​

​

DirecTV, Dish Are Close to Clinching Merger Agreement​

​

DirecTV and Dish are in advanced talks to merge in a deal that would create the largest US pay-TV provider, with almost 20 million subscribers, people familiar with the matter said.

An agreement could be announced as soon as the coming days, according to the people, who asked not to be identified discussing confidential information. DirecTV is in talks to control the combined entity, which will be closely held, the people said.

----

EchoStar and TPG are expected to remain investors, the people said.

The companies are still working through details of how the combination might be structured, according to the people. While talks are advanced, they could still be delayed or falter, the people said. Bloomberg News reported talks between the parties earlier this month.

---

In August 2021, to get the TV business off its books, AT&T moved DirecTV into a joint venture with private equity investor TPG in a deal that valued the company at about $16 billion. AT&T held 70% while TPG received 30%. Due to subscriber losses, AT&T took a $15.5 billion impairment charge in 2020 to account for the lower value of the operation.

I thought this was declared a false alarm. Anyway, my thinking is that Charlie will demand operational control of the merged companies.

 

[Ronnie-]

Political posts outside of the pit are not allowed, and everyone here knows it.

Thread ban issued.

 

[navychop]

I suspect many, from both companies, will bail.

If I can’t recover my EHDs, I will be gone in 1-2 years.

I love the H3, but the utility, and time, is ticking.

Of course, in that year or two, I might be persuaded. The Hopper 3 is that good.

 

[meStevo]

I thought this was declared a false alarm

It was. This is a new report.

 

[bluegras]

Hi my friends according to cord cutters news they are saying that both could be merging tomorrow or possibly next week. I just saw a video from cord cutters news explaining the Bloomberg and the wall Street journal article

 

[navychop]

But how long for approval?

 

[N6BY]

The combined company might have more bargaining power with the providers.

And they would only have to maintain one set of satellites

Then there is the efficiency of scale. They could combine various departments to avoid duplication, like accounting, tech support, sales, etc. Layoffs would probably be the result.

But besides the receivers, they would also have to replace the dishes and probably the LNBs (I don't know the LNB specs).

Overall, I think it would reduce their average cost per customer.

They'd have to switch all the hardware from one provider to the other which would be an incredible expense and cause churn. A merger makes zero sense and won't happen for a long list of reasons.

Looks like I was right about the benefits of a merger.

 

[SandFarmer]

View: https://youtu.be/lSldqG7Y9CY?si=gUFhajQYNEr27sfX


Sent from my S61Pro using Tapatalk

 

[dishdude]

Looks like I was right about the benefits of a merger.

We shall see....

 

[Yespage]

Looks like I was right about the benefits of a merger.

I don't think there is a benefit to a merger of Dish and Directv. I think there is a benefit if a third party involved has a lot of cash available to help Dish push forward with the cell build out.

Based on the numbers, Dish appears to be small potatoes compared to Directv, especially debt-wise. And Dish has an attempt at a future. So as long as a third party has cash, Dish-Directv isn't a bad idea, especially if the third party is already saddled with Directv's debt.

I'm still uncertain how the operation would be run. Ergen is Ergen, so he could end up owning AT&T after this acquisition, leaving people scratching their heads wondering how that happened, but it would seem unlikely that Ergen would be given the keys to the new corp, of which he brings a small Sat company, though admittedly a large cell company.

 

[Juan]

I don't think there is a benefit to a merger of Dish and Directv. I think there is a benefit if a third party involved has a lot of cash available to help Dish push forward with the cell build out.

Based on the numbers, Dish appears to be small potatoes compared to Directv, especially debt-wise. And Dish has an attempt at a future. So as long as a third party has cash, Dish-Directv isn't a bad idea, especially if the third party is already saddled with Directv's debt.

I'm still uncertain how the operation would be run. Ergen is Ergen, so he could end up owning AT&T after this acquisition, leaving people scratching their heads wondering how that happened, but it would seem unlikely that Ergen would be given the keys to the new corp, of which he brings a small Sat company, though admittedly a large cell company.

The debt holders are taking control

 

[Yespage]

But how long for approval?

I would assume that would be based on the plan presented. I'm guessing a number of rural state Senators in DC will have a bit of interest in this (kind of like when Amtrak becomes a topic). If the agreement is well thought out and makes the availability of the sat product more secure, maybe this can swim right through.

 

[GuyWhoMoves]

I would assume that would be based on the plan presented. I'm guessing a number of rural state Senators in DC will have a bit of interest in this (kind of like when Amtrak becomes a topic). If the agreement is well thought out and makes the availability of the sat product more secure, maybe this can swim right through.

No specific date, the article was on Yahoo this morning

 

[Yespage]

Yeah, it is still in rumor mode, but depending on the angle, potentially plausible rumor.