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Dish Completes EchoStar DBS Asset Transfer - Broadcasting & Cable

Dish Completes EchoStar DBS Asset Transfer

Deal consolidates Sling TV, satellite assets into Dish Network
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Dish Network said it has completed the transfer of certain DBS assets, including a 10% stake in Sling TV from sister company EchoStar, that will fully consolidate the over-the-top service into the parent company.

Dish announced the deal in late January. Among the assets transferred to Dish are the EchoStar Technologies hardware and software development group, its national and regional uplink business, its managed fiber backhaul network and its OTT development group. In return, EchoStar received Dish’s 80% economic interest in Hughes Retail Group held in the form of a tracking stock.

For the original story go to Multichannel.com.

(Photo via Dave L.'s FlickrImage taken on Feb. 6, 2017 and used per Creative Commons 2.0 license. The photo was cropped to fit 3x4 aspect ratio.)

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