EchoStar’s profits fall as its debts loom

EchoStar is the corporate parent to both DISH Network (payTV) and DISH Wireless (owner/operator of Boost Mobile).

Meet the new 4th carrier, same financial problems as the old 4th carrier.

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If SoftBank couldn’t make a go of being the 4th facilities based carrier in the U.S., it’s hard to see how DISH/EchoStar (or, perhaps, anyone) gets there.

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Two sides to every story…

https://www.lightreading.com/finance/echostar-execs-downplay-risk-of-bankruptcy

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The quoted analyst has a $95 price target on Echostar, so :crazy_face:. With the trouble they’re having onboarding customers and the corners they cut to build the network thus far, I’m not seeing it. I guess all those executives who left abruptly weren’t seeing it, either.

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