EchoStar Communications (or: Ecosta Holdings) EchoStar Corporation (NASDAQ:SATS) was founded in 1980, formerly Echostar Holiding Corporation, headquartered in Englewood, Colorado, USA, with 4,400 full-time employees, and is the top three satellite TV in the United States System service provider, the competitor is Direct TV (NASDAQ: DTV, acquired by AT&T and delisted).
EchoStar Corporation (SATS):
EchoStar is one of the top three satellite TV system service providers in the United States. The main competitor is Direct TV. In addition, EchoStar Communications is also engaged in the design, development and distribution of set-top boxes and related products.
History of EchoStar Corporation (SATS):
- In 1980, EchoStar was founded by Charles Ergen as a distributor of the C band TV system;
- In 1987, EchoStar Corporation applied for Direct Broadcast Satellite (DBS) and obtained a license from the US Federal Communications Commission;
- In 1992, EchoStar was allowed to enter the orbital position of 119° West longitude;
- On December 28, 1995, EchoStar successfully launched its first satellite-EchoStar I;
- On March 4, 1996, EchoStar established the Dish Network brand to market its satellite TV system;
- In 1998, EchoStar purchased the broadcasting satellite assets of the joint venture between News Corporation’s ASkyB and MCI Worldcom;
- In 1998, EchoStar cooperated with Bell Canada to establish Bell TV;
- On September 25, 2007, EchoStar announced that it had agreed to acquire Sling Media, Inc.;
- On January 2, 2008, the Dish Network business was split from the company, and the company was divided into two companies: DISH Network Corporation includes the DISH Network business, while EchoStar Corporation retains assets in the technology segment, including satellite, Sling Media, and set-top box R&D departments;
- On February 14, 2011, EchoStar announced the acquisition of Hughes Communications for USD 1.3 billion.
EchoStar Corporation (SATS) investment:
Company’s official website | Market trend
After 2010, no!