In a tax-free exchange, Dish gets EchoStar’s technologies group, its OTT development group and its 10% stake in Sling TV.
EchoStar Turn Profit In 2Q, Tops Estimates
(RTTNews) — Satellite and digital TV solutions provider EchoStar Corp. reported Tuesday that its second-quarter net income attributable to common shareholders was $18 million, compared with a net loss of $41 million last year. Earnings per share were $0.21, while prior year’s loss per share were $0.49. Analysts polled by Thomson Reuters expected the company […]
TiVo first sued Dish and EchoStar in 2004 for infringing on patents covering its “Time Warp” digital video recorder technology.
EchoStar Corp., a provider of television set-top boxes and satellite services, said it agreed to buy Hughes Communications Inc. for about $1.32 billion.
