Kalpana Kalpana (Editor)

EchoStar

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Covid-19
Traded as  NASDAQ: SATS
Founder  Charlie Ergen
Operator  Dish Network
Industry  Telecommunication
Type of business  Public
EchoStar logodatabasescomwpcontentuploads201207echos
Key people  Charlie Ergen (Chairman) Michael Dugan (CEO)
Products  Digital Set-Top Box, Satellite Services
Revenue  US$3.056 billion (2016)
Operating income  US$364.4 million (2016)
Headquarters  Englewood, Colorado, United States
CEO  Michael T Dugan (Nov 2009–)
Founded  1980, United States of America
Subsidiaries  Hughes Communications, Sling Media Inc.
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EchoStar Corporation is a global satellite services provider and developer of hybrid video delivery technologies. It is the owner and operator of the satellite fleet for closely affiliated Dish Network. The company also designs and manufactures set-top boxes to receive the Freeview broadcasts in the United Kingdom, and receivers for Bell TV in Canada. It also owns Sling Media, which designs and builds the Slingbox TV streaming device, and satellite internet provider Hughes Communications. Prior to 2008, it operated the Dish Network service brand, which was spun off as Dish Network Corporation on January 1, 2008.

Contents

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History

EchoStar was originally formed in 1980 by its chairman Charles Ergen as a distributor of C band TV systems. In 1987, it applied for a direct broadcast satellite (DBS) license with the Federal Communications Commission and was granted access to orbital slot 119° west longitude in 1992.

On December 28, 1995, the firm successfully launched its first satellite, EchoStar I. On March 4, 1996, it established the Dish Network brand name to market its home satellite TV system.

In 1998, EchoStar purchased the broadcasting assets of a satellite broadcasting joint venture of News Corporation's ASkyB and MCI Worldcom. With this purchase the firm obtained 28 of the 32 transponder licenses in the 110° W orbital slot, more than doubling existing CONUS broadcasting capacity at a value of $682.5 million. The acquisition inspired the company to introduce a multi-satellite system called DISH 500, theoretically capable of receiving more than 500 channels on one dish.

"Legacy" represent the 950 to 1450 MHz frequencies used to deliver the signal throughout the home; the signal is broadcast to the home on the Ku band from satellite (12.2-12.7 GHz). Ku frequencies will not work on home wiring, the signal is downconverted to the intermediate frequency (IF) of 950-1450 MHz at the dish antenna. Newer technology (DishPro) also uses 1650-2150 MHz in addition to 950-1450.

Also in 1998, the firm, in association with Bell Canada, launched Bell TV. On September 25, 2007, the firm announced it had agreed to acquire Sling Media, Inc.

On January 2, 2008, the Dish Network business was demerged from the technology and infrastructure side of the business. A split in the shares created two companies, DISH Network Corporation which consists mainly of the DISH Network business, and EchoStar Corporation which retains ownership of the technology side including the satellites, Sling Media, and the set-top box development arm. DISH Network completed its distribution to Echostar of its digital set-top box business, certain infrastructure, and other assets and related liabilities, including certain of their satellites, uplink and satellite transmission assets, and real estate (the "Spin-off"). Since the Spin-off, EchoStar and DISH Network have operated as separate publicly-traded companies. However, as a result of the Satellite and Tracking Stock Transaction, DISH Network owns shares of EchoStar and their subsidiary's preferred tracking stock representing an aggregate 80.0% economic interest in the residential retail satellite broadband business of their Hughes segment. In addition, a substantial majority of the voting power of the shares of DISH Network and EchoStar is owned beneficially by Charles W. Ergen, Chairman, and by certain trusts established by Mr. Ergen for the benefit of his family.

On February 14, 2011, EchoStar announced that it would acquire Hughes Communications in a deal valued at US$1.3 billion.

TiVo patent lawsuit

On June 3, 2009, satellite service provider EchoStar was found by Marshall, Texas, federal district court judge David Folsom to be in contempt of a permanent injunction against using some of TiVo's technology and was required to pay the DVR pioneer $103.1 million plus interest.

On May 3, 2011, Dish Network Corporation and EchoStar Corporation agreed to pay TiVo Inc. $500 million to settle a dispute over the use of some of TiVo’s technology.

Satellite fleet

Orbital locations may change

Since EchoStar frequently moves satellites among its many orbiting slots this list is not immediately accurate. Refer to Lyngsat.com for detailed satellite information.

Reference:

References

EchoStar Wikipedia


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