# EchoStar’s profits fall as its debts loom

**URL:** <https://forums.rwusers.com/t/echostar-s-profits-fall-as-its-debts-loom/956>\
**Category:** News\
**Created:** [August 12, 2024, 6:20pm UTC](https://forums.rwusers.com/t/echostar-s-profits-fall-as-its-debts-loom/956 "2024-08-12T18:20:57Z")\
**Posts on this page:** 5\
**Page:** 1

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**Author:** ![rolandh](https://forums.rwusers.com/user_avatar/forums.rwusers.com/rolandh/32/273_2.png) [@rolandh](https://forums.rwusers.com/u/rolandh)\
**Post date:** [August 12, 2024, 6:20pm UTC](https://forums.rwusers.com/t/echostar-s-profits-fall-as-its-debts-loom/956/1 "2024-08-12T18:20:57Z")

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

> **[EchoStar's profits fall as its debts loom - RCR Wireless News](https://www.rcrwireless.com/20240812/carriers/echostars-profits-fall-as-its-debts-loom)**
>
> EchoStar's profits were down and it is working to secure financing for $2 billion in debt that comes due in November.

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**Author:** ![cbwahlstrom](https://forums.rwusers.com/user_avatar/forums.rwusers.com/cbwahlstrom/32/241_2.png) [@cbwahlstrom](https://forums.rwusers.com/u/cbwahlstrom)\
**Post date:** [August 12, 2024, 7:49pm UTC](https://forums.rwusers.com/t/echostar-s-profits-fall-as-its-debts-loom/956/2 "2024-08-12T19:49:18Z")

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

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**Author:** ![rolandh](https://forums.rwusers.com/user_avatar/forums.rwusers.com/rolandh/32/273_2.png) [@rolandh](https://forums.rwusers.com/u/rolandh)\
**Post date:** [August 12, 2024, 7:52pm UTC](https://forums.rwusers.com/t/echostar-s-profits-fall-as-its-debts-loom/956/3 "2024-08-12T19:52:24Z")

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If [SoftBank](https://en.wikipedia.org/wiki/SoftBank_Group) 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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**Author:** ![rolandh](https://forums.rwusers.com/user_avatar/forums.rwusers.com/rolandh/32/273_2.png) [@rolandh](https://forums.rwusers.com/u/rolandh)\
**Post date:** [August 13, 2024, 5:25pm UTC](https://forums.rwusers.com/t/echostar-s-profits-fall-as-its-debts-loom/956/4 "2024-08-13T17:25:34Z")

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Two sides to every story…

[https://www.lightreading.com/finance/echostar-execs-downplay-risk-of-bankruptcy](https://www.lightreading.com/finance/echostar-execs-downplay-risk-of-bankruptcy)

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**Author:** ![cbwahlstrom](https://forums.rwusers.com/user_avatar/forums.rwusers.com/cbwahlstrom/32/241_2.png) [@cbwahlstrom](https://forums.rwusers.com/u/cbwahlstrom)\
**Post date:** [August 13, 2024, 5:50pm UTC](https://forums.rwusers.com/t/echostar-s-profits-fall-as-its-debts-loom/956/5 "2024-08-13T17:50:36Z")

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The quoted analyst has a $95 price target on Echostar, so 🤪. 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.