Dish completes merger with Echostar, Hamid Akhavan named CEO
The combined company will see Echostar’s satellite division paired with Dish and Sling TV’s pay television products.
Charles (Charlie) Ergen is the founder and co-chairman of Dish Network.
The combined company will see Echostar’s satellite division paired with Dish and Sling TV’s pay television products.
Dish CEO Erik Carlson will resign next week after the company reported lackluster financial and subscriber data on Monday.
Dish Network says it is re-combining with satellite hardware maker Echostar more than a decade after the two sides split up.
Dish and DirecTV have tried to merge several times over the last few decades, with those discussions falling apart each time.
Dish Network says less than 10 million customers are paying for its flagship satellite service and streaming product Sling TV.
Dish is reportedly exploring ways to divest Boost Mobile to a blank check firm created by the satellite giant’s co-founder.
Dish chairman Charlie Ergen criticized wireless phone company T-Mobile over its plans to shut down an older-generation network.
The FCC says two partner companies didn’t qualify for $3.3 billion in discounts.
A blank-check company established by the founder and current chairman of Dish Network has cut downsized its IPO.
Charlie Ergen’s CONX Corp is hoping to raise $1 billion through an initial public offering for an unspecified future merger.