DISH Completes Acquisition of DBS and OTT Assets from EchoStar
March 01 2017 - 6:05AM
Business Wire
DISH Network Corporation announced the consummation on February
28, 2017 of the agreement executed in January with EchoStar
Corporation that will transfer certain EchoStar assets and
operations, including its EchoStar Technologies hardware and
software development group, its national and regional uplink
business, its managed fiber backhaul network serving
all U.S. DMAs and its OTT development group to DISH in
exchange for DISH's 80 percent economic
interest in Hughes Retail Group held in the form of
a tracking stock.
About DISH
DISH Network Corp. (NASDAQ:DISH), through its subsidiaries,
provides approximately 13.671 million pay-TV subscribers, as of
Dec. 31, 2016, with the highest-quality programming and technology
with the most choices at the best value. DISH offers a high
definition line-up with more than 200 national HD channels, the
most international channels and award-winning HD and DVR
technology. DISH Network Corporation is a Fortune 200 company.
Visit www.dish.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170301005621/en/
DISH Network CorporationBob Toevs,
303-723-2010bob.toevs@dish.com
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