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 expanded its South Asian offerings by adding Eros Now, a premier OTT platform owned by Eros STX Global Corporation (NYSE: ESGC). This addition provides SLING subscribers access to over 1,500 titles, with plans to grow the library to over 6,000 titles in various regional languages including Hindi and Tamil. Eros Now can be accessed through the Desi Binge package or as a standalone service for $5 per month. This partnership aims to enhance SLING's reputation as a leading provider of South Asian content in North America.
DISH (NYSE:DISH) has teamed up with FreedomFi to pilot the world's first community-driven, neutral host CBRS hotspot network. This initiative aims to enhance connectivity for DISH's wireless customers by leveraging cloud-native open-source platforms like OpenRAN. With the use of GAA CBRS spectrum and contributions from Facebook Connectivity, both companies plan to innovate wireless access through individual deployment of CBRS-based 5G hotspots. The collaboration emphasizes the importance of an open ecosystem in driving technological advancements in next-generation connectivity.
Boost Mobile has launched new low-cost unlimited plans, part of its Carrier Crusher lineup, priced at $25 per month. This initiative aims to attract consumers currently paying over $60 for wireless service by offering significant savings, potentially up to $400 per year. Other options include plans for $15 and $14 per month for unlimited 5GB data. The launch underscores Boost's commitment to affordable wireless access, enabling consumers to retain more disposable income amidst economic constraints.
DISH Network Corporation (NASDAQ: DISH) has partnered with Rakuten Symphony to enhance its 5G network operations through an observability framework (OBF) that collects critical telemetry data. This strategic move aims to optimize the cloud-native, OpenRAN 5G network by leveraging AI and machine learning for real-time performance monitoring and automation. The integration with Rakuten Symphony will streamline service assurance and operational support, ensuring efficient network management and improved customer experience as DISH continues to innovate in wireless technology.
SLING TV has expanded its South Asian content by adding MX ONE, a top subscription video on demand service from MX Player, available in the USA. Offering over 650 hours of shows and web originals in multiple languages, MX ONE caters to the Indian diaspora. The service can be added to the Desi Binge package for $10 monthly or purchased alone for $5. SLING TV aims to enhance viewer experience with this addition, affirming its position as a leader in international content.
Boost Mobile announces its new Carrier Crusher plans, offering 12 months of unlimited talk and text, plus 1GB of high-speed data, for just $100 per year. This price translates to $8.33 per month, making it an attractive option for the 85% of Americans who use under 10GB of data monthly. The new plans include a $20 annual plan with unlimited talk, text, and 15GB of data, alongside $25 and $15 monthly options. Boost aims to target consumers who are overpaying for excess data they do not use.
Equinix, the world's digital infrastructure company, has partnered with DISH to support the United States' first cloud-native, Open RAN-based 5G network. This collaboration will enable DISH to utilize Equinix's extensive interconnection infrastructure in their U.S. data centers. DISH aims to leverage Equinix's network capabilities to enhance 5G connectivity nationwide. Furthermore, Equinix recently launched a 5G and Edge Technology Development Center to facilitate innovative 5G services. This partnership positions both companies favorably in the growing digital infrastructure market.
DISH Network Corporation and Sinclair Broadcast Group announced a multi-year carriage agreement, ensuring Sinclair's 144 local stations across 86 markets will remain available on DISH TV. The Tennis Channel will also continue to be accessible on both DISH TV and SLING TV. Brian Neylon of DISH emphasized the importance of customer focus during negotiations, while Sinclair's William Bell noted the value broadcasters place on local content delivery. This agreement aims to enhance viewing experiences for DISH subscribers.
DISH Network Corporation (NASDAQ: DISH) announced the pricing of $2.75 billion of its 5.25% Senior Secured Notes due 2026 and $2.5 billion of its 5.75% Senior Secured Notes due 2028. The net proceeds will fund an intercompany loan to DISH Network for acquiring wireless spectrum licenses and general corporate purposes, including wireless infrastructure buildout. The offering is expected to close on November 26, 2021, subject to customary conditions. The Notes will be offered solely to qualified institutional buyers and have not been registered under the Securities Act.
DISH Network Corporation announced plans to offer approximately $4 billion of senior secured notes through its subsidiary DISH DBS Corporation. The proceeds will finance the potential purchase of wireless spectrum licenses and support general corporate purposes, including wireless infrastructure buildout. The notes, sold to qualified institutional buyers, will be subordinated to existing unsecured notes. The offering is subject to market conditions, regulatory exemptions, and does not serve as a solicitation to sell.
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