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Wall Street Executive Says Dish Could File For Bankruptcy In The Next 4 To 6 Months; + more notable news

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r81984
Fair and Balanced
Premium Member
join:2001-11-14
Katy, TX

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r81984

Premium Member

Wall Street executive says Dish could file for bankruptcy in the next 4 to

They have been moving their spectrum into a new subsidiary, EchoStar Wireless Holdings, to issue new bonds to pay their $2 billion in debt payments due in November. They keep getting new loans to pay the old loans.
They have $26 billion in debt right now. They are doing everything to make it to 2026 when many of their spectrum restrictions expire.
Such a mess.
r81984

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r81984

Premium Member

Walmart confirms its Chromecast-beating 4K streaming box is coming this mont

Google has no reason to make new chromecast models if 3rd parties are spending the money to make android streaming boxes.
They get access to all the data without having to spend any dev money. These 3rd parties are also paying google money to "Certify" their streaming devices with google.