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EchoStar (NASDAQ:SATS) is being pushed by U.S. regulators to sell some of its airwaves, Bloomberg reported on Wednesday. Shares of the company rose 11% just before the closing bell. The report, citing ...
Bloomberg reported Friday that the president met with EchoStar Chairman Charlie Ergen and Federal Communications Commission (FCC) Chairman Brendan Carr at the White House and called on them to ...
WASHINGTON (Reuters) -President Donald Trump urged EchoStar Corp Chairman Charlie Ergen and Federal Communications Commission Chair Brendan Carr to reach a deal over the fate of the company's ...
NEW YORK (Reuters) -Shares of EchoStar rose as much as 50% on Monday following a late Friday Bloomberg report that U.S. President Donald Trump urged EchoStar Chairman Charlie Ergen and Federal ...
EchoStar unveiled a bold multibillion-dollar satellite telecom plan that adds a layer of spectral intrigue and potential distraction from its ongoing ground-based operational troubles.
What To Know: The stock movement came after it was revealed that Trump met with EchoStar President Charlie Ergen and FCC Chairman Brendan Carr in the Oval Office to push for a resolution regarding ...
In mid-June, President Trump intervened, calling for a meeting between EchoStar CEO Charlie Ergen and Carr, and apparently telling the parties to come to some sort of amicable deal.
Ergen, who co-founded Dish, owns more than half of its outstanding shares and owns nearly 60 percent of EchoStar.
In addition, Ergen has stopped sharing his views with investors recently, no longer speaking on quarterly earnings calls. Hamid Akhavan, appointed CEO in 2022, has taken over that role.