Looks like It’s official Directv Buying Dish

[Juan]

In different order...Sirius radios use different technology then XM..
Because of bandwidth constraints one has more channels than the other

Just to clarify

The main difference between Sirius Radio and XM Radio is the platform that the radio is built on, which determines which subscription plans are available:

• Sirius Radio: The Sportster and Starmate radios are on the Sirius platform and receive Sirius plans.
• XM Radio: The Onyx and XM3pi radios are on the XM platform and receive XM plans.
• SiriusXM Radio: The Lynx and Edge radios are on the SiriusXM platform and receive SiriusXM plans.
  
  

 

[nelson61]

The state of affairs.

Charlie sold sling and satellite tv for 1 dollar to get his name off 9-10 billion debt and get a couple billion new loan for the wireless business.

Basically saying the value of the tv business is equal to the debt service payments associated with the tv business

 

[nelson61]

All the talk of bankruptcy, etc. was "sky is falling" talk. He pulled it off again and has a good chance of doing very well in the wireless business.

 

[TRG]

They have a website up now.

DIRECTV - Home

DIRECTV has agreed to acquire EchoStar’s video distribution services, DISH DBS (“DISH”) and Sling TV.

www.brightertvfuture.com

"Lower price points" that's hilarious. 😆

 

[MikeD-C05]

Who buys a phone anymore?

I do. I have always owned my phones and do not like monthly payments that add to my bill. But I don't spend over $500.00 tops. Still have the same phone I bought in early 2021.

 

[MikeD-C05]

All the talk of bankruptcy, etc. was "sky is falling" talk. He pulled it off again and has a good chance of doing very well in the wireless business.

He has yet to pull it off. Still has to clear the federal regulators and the Stock holders who are already suing him for the change out of stock when he merged with Echostar. Now it will be a $1.57 billion dollar hair cut for stock holders to have the stock converted into stock for the merged company TPG. If either one doesn't approve this what would happen then? It would take to the summer of 2025 before the deal is completed I heard on CNBC today.

 

[nelson61]

The deal indicates Dish/Sling has more debt service than the physical assets and income stream from operations.
Directv basically bought Dish equipment, team, customers, and good will for the cost of extending Echostar a couple billion dollar loan. This cost will be $0 if the Echostar wireless business is successful.

The bondholders will squeal and howl but the alternative to not taking a relatively small loss, is to take a really big one by pushing a bankruptcy.