EchoStar Corporation (NASDAQ: SATS) is an American multinational satellite services provider headquartered in Englewood, Colorado. The company was founded in 1980 by Charles Ergen as a distributor of C band TV systems. In 1985, EchoStar launched its first satellite, EchoStar 1, and began providing satellite television services to homes in the United States. EchoStar's business consists of two main segments: satellite television and broadband services. The satellite television segment provides direct-to-home (DTH) television services to over 18 million subscribers in the United States and Canada. The broadband services segment provides satellite broadband Internet access to over 2 million subscribers in the United States, Canada, and Mexico. EchoStar's satellite television services are offered under the DISH Network brand. DISH Network is the second-largest DTH television provider in the United States, with over 18 million subscribers. DISH Network offers a variety of programming packages, including live television, on-demand content, and premium channels. EchoStar's broadband services are offered under the HughesNet brand. HughesNet is the largest satellite broadband provider in the United States, with over 2 million subscribers. HughesNet offers high-speed satellite Internet access to homes and businesses in rural areas that are not served by traditional broadband providers. In addition to its satellite television and broadband services, EchoStar also provides a variety of other services, including:
EchoStar is well-positioned for future growth in the satellite television and broadband markets. The company is the second-largest DTH television provider in the United States, and it is the largest satellite broadband provider in the United States. EchoStar is also expanding its international operations, and it is investing in new technologies, such as 5G satellite broadband. |