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Echostar
EchoStar Corporation is an American telecommunications company, specializing in satellite communication, wireless telecommunications, and internet services. Echostar also provides multichannel video programming and mobile services through its subsidiaries: Dish Network, Boost Mobile, Sling TV, EchoStar Mobile, and Hughes Network Systems. Originally establishing the Dish Network brand name in 1996, EchoStar later acquired Dish as a wholly-owned subsidiary in 2023. EchoStar made its debut on the Fortune 500 list in 2024, ranking #242. Its main competitor is DirecTV, who failed to acquire Dish Network in 2024. 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, ...
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Dish Network
DISH Network L.L.C., often referred to as DISH, an abbreviation for Digital Sky Highway, is an American provider of satellite television and IPTV services and wholly owned subsidiary of EchoStar Corporation. The company was originally established as EchoStar Communications, and first launched its satellite television services under the DISH Network brand in 1996, utilizing its EchoStar I satellite. In 2007, EchoStar spun off its infrastructural business and the brand itself under a separate entity under the EchoStar name with the existing company rebranding to DISH Network Corporation. Both companies would remain under the control of EchoStar's co-founder Charlie Ergen. After the spin-off, the company pursued further acquisitions and business initiatives, including acquiring video rental chain Blockbuster in an attempt to compete with Netflix, releasing a new set-top digital video recorder (DVR) with the controversial ability to automatically skip commercials in rec ...
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Boost Mobile
DISH Wireless L.L.C., doing business as Boost Mobile, is an American telecommunications company and wholly owned subsidiary of EchoStar Corporation. Boost Mobile is the List of mobile network operators in the United States, fourth largest wireless carrier in the United States. Together with its sister brands Gen Mobile and Ting Mobile, it serves 7.2 million subscribers as of March 31, 2025. Boost Mobile was founded as a joint venture between Peter Adderton, Craig Cooper, Kirt McMaster, and Nextel Communications in 2001. It was purchased by Nextel in 2003 and, as a result of the merger between Sprint Corporation and Nextel, then became owned by Sprint in 2005. It was then acquired by Dish Network on July 1, 2020, following the merger between Sprint and T-Mobile US, T-Mobile. After Dish's merger with EchoStar on December 31, 2023, Boost Mobile became a subsidiary of EchoStar. The company operates a 5G NR, 5G network covering over 80% of the American population. In addition to its ...
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Hughes Network Systems
Hughes Network Systems, LLC is an American telecommunications company that specializes in providing satellite-based communication services for consumer and enterprise markets. It is headquartered in Germantown, Maryland and provides satellite internet services under the brand HughesNet. HughesNet has over a million subscribers in the Americas in late 2023, down from 1.4 million in early 2022. Hughes Network Systems is a wholly owned subsidiary of EchoStar, which acquired its former parent company, Hughes Communications, in 2011. History Hughes Communications was founded in 1971 under the name Digital Communication Corporation (DCC) by a group of seven engineers and a lawyer led by John Puente and Dr. Burton Edelson, who all previously worked together at Comsat Laboratories. With $40,000 in startup capital, the company operated from a garage in Rockville, Maryland, designing circuit boards for telecom related products. By 1977, Digital Communications Corp. had 250 employees an ...
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Charles Ergen
Charles William Ergen (born March 1, 1953) is an American billionaire businessman and the is co-founder and chairman of Dish Network and EchoStar. He was CEO of Dish Network until May 2011, when he was succeeded by Joseph Clayton. Ergen resumed the role in March 2015 after Clayton's retirement, until December 2017, when Erik Carlson, then president and COO, was promoted to CEO. Ergen remains chairman of the company. Ergen owns 48 percent of Dish and 46 percent of Echostar shares, which gives him 78 percentage of Dish's and 72 percent of EchoStar's total voting power. Early career After graduating with an M.B.A. from Wake Forest in 1976, Ergen worked as a financial analyst for Frito-Lay. He "retired" in 1978 in hopes of working for himself. Afterward, he was a professional gambler, playing poker and blackjack. EchoStar In 1980 Ergen, his future wife Candy, and Jim DeFranco started a new business called EchoSphere Corporation, investing $60,000 to purchase two C-Band antenna ...
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EchoStar Mobile
EchoStar Mobile Limited, an Irish company with commercial operations headquartered in the United Kingdom and a data centre based in Griesheim, Germany, is a mobile operator that provides connectivity across Europe through a converged satellite and terrestrial network. EchoStar Mobile is a subsidiary of EchoStar Corporation, a provider of satellite communications devices. History EchoStar Mobile Limited was established in 2008 as Solaris Mobile, a joint venture company between SES and Eutelsat Communications to develop and commercialize the first geostationary satellite systems in Europe for broadcasting video, radio and data to in-vehicle receivers and to mobile devices, such as mobile phones, portable media players and PDAs. In January 2014 all stock in Solaris Mobile was acquired by EchoStar Corporation and in March 2015 the company was renamed EchoStar Mobile. The agreement to set up Solaris Mobile was reached in 2006 with the company formed in 2008. SES and Eutelsat – ...
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Sling TV
Sling TV is an American streaming television service operated by Sling TV LLC, a wholly owned subsidiary of Dish Network. Unveiled on January 5, 2015, at the Consumer Electronics Show, the virtual multichannel video programming distributor aims to complement subscription video on demand services for cord cutters, offering a selection of major cable channels and OTT-originated services that can be streamed through smart TVs, digital media players and apps. The service is available in the United States and Puerto Rico . Sling TV is led by Erik Carlson, who also serves as the President and COO of Dish Network. The service's precursor, the international television service DishWorld, was also brought under the auspices of Sling TV LLC and was rebranded as Sling International. Following an invitation-only beta launch of the service that began in January of that year, Sling TV formally launched on February 9, 2015. In November 2023, Sling TV had 2.12 million subscribers. In Ja ...
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Satellite Television
Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location.ITU Radio Regulations, Section IV. Radio Stations and Systems – Article 1.39, definition: ''Broadcasting-satellite service'' The signals are received via an outdoor parabolic antenna commonly referred to as a satellite dish and a low-noise block downconverter. A satellite receiver decodes the desired television program for viewing on a television set. Receivers can be external set-top boxes, or a built-in television tuner. Satellite television provides a wide range of channels and services. It is usually the only television available in many remote geographic areas without terrestrial television or cable television service. Different receivers are required for the two types. Some transmissions and channels are unencrypted and therefore free-to-air, while many other channels are transmitted with enc ...
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DirecTV
DirecTV, LLC is an American Multichannel television in the United States, multichannel video programming distributor based in El Segundo, California. Originally launched on June 17, 1994, its primary service is a digital Satellite television, satellite service serving the United States. It also provides traditional linear television service delivered by IP through its U-verse TV brand and a Multichannel television in the United States#Virtual MVPD, TV Everywhere, and over-the-top media services, virtual multichannel video programming distributor service through its DirecTV Stream brand. Its primary competitors are Dish Network, traditional cable television providers, Multichannel television in the United States#Wireline and broadband, IP-based television services, and other Over-the-top media service, over-the-top video services. On July 24, 2015, after receiving approval from the Federal Communications Commission and the United States Department of Justice, Department of Justic ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by total revenue for their respective fiscal years. The list includes publicly held company, publicly held companies, along with Privately held company, privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset Fortune 1000, ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in January 1955. The original top ten companies were General Motors, ExxonMobil, Jersey Standard, U.S. Steel, General Electric, JBS USA, Esmark, Chrysler, Armour and Company, Armour, Gulf Oil, Mobil, and D ...
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