Welcome to our dedicated page for DISH Network Corporation news (Ticker: DISH), a resource for investors and traders seeking the latest updates and insights on DISH Network Corporation stock.
DISH Network Corporation (symbol: DISH) is a leading connectivity company that has been a disruptive force in the industry since 1980. Through its subsidiaries, DISH provides a range of television entertainment and technology solutions to millions of customers across the United States. The company operates two primary services: satellite DISH TV and streaming SLING TV. Additionally, DISH became a nationwide U.S. wireless carrier in 2020 with the acquisition of Boost Mobile, continuing to innovate in the wireless sector by building the nation's first virtualized, O-RAN 5G broadband network.
Recent Achievements and Current Projects:
- In December 2023, DISH was acquired by EchoStar Corporation, making it a wholly owned subsidiary and resulting in DISH's convertible notes being exchanged for EchoStar Class A common stock.
- Boost Infinite expanded its wireless plan offerings, including the introduction of Infinite Access for Galaxy, catering specifically to Samsung Galaxy device users with an annual upgrade option.
- Boost Mobile reintroduced popular devices like the Celero5G and Celero5G+, which boast advanced wireless technology and are compatible with the Boost Wireless Network.
- DISH Wireless received a $50 million grant from the U.S. Department of Commerce's NTIA to establish the Open RAN Center for Integration & Deployment (ORCID), positioning itself as a leader in Open RAN technology.
- DISH continues to expand its Boost Wireless Network, now offering VoNR (5G voice) services to over 200 million Americans, marking significant progress in 5G technology deployment.
Financial Condition and Partnerships:
DISH has consistently driven value for consumers through innovation and strategic partnerships. As a subsidiary of EchoStar, DISH benefits from EchoStar's extensive global connectivity solutions, enhancing its product offerings and market reach. The company's competitive spirit and commitment to high standards have positioned it as a significant player in the connectivity and entertainment sectors.
Products:
- DISH TV: Satellite television service offering a wide range of channels and programming options.
- SLING TV: Streaming service providing live TV, on-demand content, and international programming.
- Boost Mobile: Prepaid wireless service offering affordable plans and a variety of mobile devices.
- Infinite Access: Subscription service providing the latest Samsung Galaxy devices and unlimited wireless service.
- Celero5G: Affordable 5G smartphones with advanced features and compatibility with the Boost Wireless Network.
For more information about DISH Network Corporation and its latest news, visit the company's official website and follow their updates. Stay informed to make confident investment decisions and understand the evolving dynamics of the connectivity and entertainment sectors.
SLING TV has launched the "SLING Fling" event, providing a free, no credit card required trial of its service from Feb. 9-14, 5 p.m. ET to midnight. The event offers over 100 live channels, including access to SHOWTIME, and aims to entice cable customers to switch to streaming. New subscribers can also get their first month for just $10 and a free AirTV Mini streaming device with a prepayment. This initiative coincides with National Cut the Cord Day, highlighting SLING TV's competitive pricing against traditional cable.
Aviat Networks has been selected by DISH Network as a primary supplier for 5G microwave transport. The decision will enable DISH to leverage Aviat's advanced hardware and software solutions, aimed at enhancing high-capacity microwave wireless networks. Key offerings include a unique multi-band solution and highly efficient radios integrated with software-defined networking. This partnership comes as the 5G wireless transport market is projected to surpass $1B by 2023, highlighting the growing importance of microwave technology in the industry.
DISH Network Corporation has entered a long-term agreement with Vertical Bridge REIT, granting immediate access to their extensive portfolio of over 300,000 wireless infrastructure sites across the U.S. and Puerto Rico. This partnership supports DISH's efforts to build a national 5G network, enhancing its coverage in urban, suburban, and rural areas. DISH, having transitioned into a wireless carrier through its Boost Mobile acquisition in 2020, aims to innovate with a cloud-native 5G network. Vertical Bridge is recognized as the largest private owner of communications infrastructure.
On January 27, 2021, SLING TV announced an expansion of its DVR offerings, increasing free DVR storage from 10 to 50 hours for all customers. A new 'DVR Plus' option provides 200 hours of storage for $5 per month. Additionally, the pricing for SLING Orange and SLING Blue services will rise by $5 to $35 per month. New customers will pay $11 for the Sports Extra and $6 for additional Extras, reflecting a $1 increase. Despite these price hikes, SLING TV assures customers of continued value compared to traditional cable. Enhanced features include unlimited simultaneous recording and a 1-Year Price Guarantee for existing customers.
DishLATINO has launched the Cine & Entretenimiento Pack, offering subscribers a selection of premium Spanish-language entertainment channels for just $5 per month. This new package includes channels like A3 Cine, dedicated to Spanish movies; A3Series, featuring award-winning series; and Cinema Dinamita, showcasing top Mexican films. Additional offerings include Hola TV, Star HD, Starz Encore en Español, and Tarima, which exclusively airs Spanish concerts. DishLATINO continues to enhance its content for diverse audiences in the U.S. and Puerto Rico.
SLING TV has announced the launch of NHL Center Ice, NHL's out-of-market live game subscription service, marking it as the first streaming platform to offer this feature. Available for $29 per month, it can be purchased standalone or as an add-on to existing subscriptions. This service provides up to 40 live games weekly, enhancing the viewing experience for hockey fans. With a commitment to delivering value and variety, SLING TV continues to expand its sports programming, reinforcing its position in the competitive streaming market.
Boost Mobile has launched the new LG K22, priced at $69.99 (MSRP $89.99), available online. The device features a 6.2-inch HD+ display, a 3,000 mAh battery, and 4G LTE capabilities, making it suitable for streaming and content creation.
Boost Mobile offers plans starting at $10 per month, with a limited-time offer of 3 lines for $90 including unlimited talk, text, and 35GB LTE data, available until Jan. 7.
DISH Network Corporation announced a new multi-year carriage agreement with Nexstar Media Group, restoring local stations and WGN America on DISH TV. Effective immediately, DISH TV subscribers can access Nexstar-owned content nationwide, including news and sports. WGN America will also be available on SLING TV in early 2021 as part of an Extra add-on package. Brian Neylon, Group President of DISH TV, expressed satisfaction with the agreement, emphasizing its benefits for customers.
DISH Network Corporation (NASDAQ: DISH) announced on December 16, 2020, the pricing of a $2 billion offering of 0% Convertible Notes due 2025. An additional $300 million option is available for initial purchasers. The Notes will convert into DISH's Class A Common Stock at an initial conversion price of approximately $40.96 per share, a 30% premium over the last sale price of $31.51. Proceeds will support general corporate purposes, including 5G network buildout costs. The offering closes on December 21, 2020, subject to customary conditions.
DISH Network Corporation (NASDAQ: DISH) announced plans to offer $2 billion in convertible notes, with an additional $300 million for over-allotments. The proceeds will fund general corporate purposes, including costs associated with their 5G network buildout. The unsecured notes will be available only to qualified institutional buyers under Rule 144A of the Securities Act. Key terms, including the interest rate and conversion rate, will be determined in negotiations. This press release includes forward-looking statements, which involve risks that could differ from actual results.
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