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Dish Network Corporation is an American television provider based in Englewood, Colorado.[6] It is the owner of the direct-broadcast satellite provider Dish, also still commonly known as Dish Network, and the over-the-top IPTV service Sling TV. Dish also operates Dish Wireless LLC to offer mobile wireless service, currently offering prepaid service to 9.3 million customers with the purchase of Boost Mobile on July 1, 2020 through the Boost brand.[7][8] Dish intends to offer postpaid service as well in the future. The company has approximately 16,000 employees.

History

In January 2008, EchoStar Communications Corporation, which was founded by Charlie Ergen as a satellite television equipment distributor in 1980, changed its name to DISH Network Corporation and spun off its technology arm as a new company named EchoStar Corporation.[9] The company had begun using DISH Network as its consumer brand in 1996,[10] after the launch of its first satellite, EchoStar I, in December 1995.[11] That launch marked the beginning of its subscription television services.[10]

Joseph Clayton became president and chief executive officer of the company in June 2011, while Charlie Ergen remained chairman.[12] Clayton remained in the position until March 31, 2015 when he retired leaving Ergen to resume the post.[13] Ergen has said diversifying and updating technology for the company will be a high priority, with an expectation that, over the coming decade, the company will provide internet, video, and telephone service for both home and mobile applications.[14] In December 2017, DISH Network announced that Ergen would step down and be replaced by Erik Carlson.[15]

As of November 2016, the company provided services to 13.7 million television and 580,000 broadband subscribers.[16]

Founding and early growth

DISH Network began operations on March 4, 1996, as a service of EchoStar.[10] EchoStar was formed in 1980 by its chairman and chief executive officer, Charlie Ergen, along with colleagues Candy Ergen and Jim DeFranco, as a distributor of C-band satellite television systems.[17] In 1987, EchoStar applied for a direct-broadcast satellite broadcast license with the FCC and was granted access to orbital slot 119° west longitude in 1992.[citation needed]

On December 7, 2007, EchoStar announced it would spin off its technology and infrastructure assets into a separate company under the EchoStar name, after which the remainder of the company would be renamed DISH Network Corporation.[18] The spun-off EchoStar began trading on January 3, 2008.[19]

Acquisitions and expansion

In 2011, DISH Network (DISH, an acronym for Digital Sky Highway[20]) spent over $3 billion in acquisitions of companies in bankruptcy,[21] which The Motley Fool's Anders Bylund described as "a veritable buying rampage in the bargain bin."[22] This includes the April 6, 2011, purchase of Blockbuster Inc. in a bankruptcy auction in New York, agreeing to pay $322 million in cash and assume $87 million in liabilities and other obligations for the nationwide video-rental company.[23] DISH Network also acquired the defunct companies DBSD and Terrestar.[21] DISH Network also made a bid to purchase Hulu in October 2011, but Hulu's owners chose not to sell the company.[24] There was also speculation that DISH Network might purchase Sprint Nextel or Clearwire.[25] In 2013, DISH made a bid for both companies. CEO Charles Ergen plans on adding wireless internet and mobile video services[when?] that can compete with Netflix and cable companies.[21] About the new markets, Ergen said, "Given the assets we've been accumulating, I don't think it's hard to see we're moving in a different direction from simply pay-TV, which is a market that's becoming increasingly saturated."[21]

DISH Network put its Blockbuster acquisition to work by making available DISH Movie Pack for DISH Network subscribers and Sling TV for non-DISH Network subscribers. Blockbuster also has agreements that allow it to receive movies 28 days before Netflix and Redbox which could encourage customers to use these services.[21]

DISH Network also plans on offering high-speed internet.[when?] The company plans a hybrid satellite/terrestrial mobile broadband service. In 2011, it petitioned the FCC to combine the S-Band spectrum it acquired from DBSD and Terrestar, and combine this spectrum with LTE. Unlike LightSquared, DISH's spectrum has minimal risk of disrupting Global Positioning Systems.[26]

At the 2012 Consumer Electronics Show, DISH Network announced a corporate rebranding, under which the company would publicly refer to itself as just "DISH" rather than "DISH Network".[27]

After changing the position of a satellite orbital position from being over Mexico to Brazil in 2011, DISH Network sought companies that could make a deal, among them Telefónica. However, nothing ever came of this, and DISH decided to enter the country itself. According to the Brazilian Agency of Telecommunications (Anatel), they awaited the authorization of the application.[28] In June 2019, nonetheless, DISH TV accepted to resign its satellite exploration rights assigned to EchoStar and thus ending the possibility of entering the Brazilian market.[29]

On July 26, 2019, DISH announced it had reached an agreement with T-Mobile and Sprint to sell Boost Mobile and Virgin Mobile, Sprint's prepaid businesses, for $1.4 billion to DISH Network. They will also sell DISH $3.6 billion of 800 MHz spectrum, Sprint's entire 800 MHz portfolio. DISH customers will be able to use the New T-Mobile Network for seven years. DISH and T-Mobile are currently negotiating the lease of 20,000 cell sites and hundreds of retail stores being decommissioned by the New T-Mobile.[30] The deal for the purchase of all of Sprint's prepaid businesses, including Boost, officially closed on July 1, 2020.[31][32]

Disputes and lawsuits

DISH and its independent dealers have faced criticism and fines for their practices, including fines around telemarketing tactics and failure to disclose fees.[33][34][35][36]

DISH has been sued and countersued dozens of times. DISH argues that effective litigation is important to corporate operations. One such lawsuit was DISH's use of their Hopper DVR to make it easy for viewers to erase commercials.[37]

Services and devices

Dish Wireless LLC is an American wireless network provider. It is a wholly owned subsidiary of Dish Network. Dish Wireless was founded on July 1, 2020. Its headquarters are located in Littleton, Colorado.[79][80] Dish Wireless is the fourth-largest wireless carrier in the United States, with 9.3 million subscribers as of July 2020.[31][32]

Dish Wireless provides wireless voice and data services in the United States under the Boost Mobile brand and will provide services under its own brand after its network is built. Dish Wireless is currently using T-Mobile's network for 7 years due to an agreement between Dish and T-Mobile. Dish Wireless is in the process of building their own 5G network which will be the first virtualized standalone 5G broadband network in the United States. Dish is committed on covering 70% of Americans with 5G by the end of June 2023.[81]

Dish Wireless acquired Boost Mobile on July 1, 2020. It acquired Ting Inc. on August 1, 2020.[82]

See also

References

References

  1. ^ "Dish Network Corporation Company – Company Overview". Hoover's.
  2. ^ a b Olson, Robert E.; Clayton, Joseph; Dodge, R. Stanton (2012), Form 10-K: DISH Network Corporation, U.S. SECBoost Mobile brand and will provide services under its own brand after its network is built. Dish Wireless is currently using T-Mobile's network for 7 years due to an agreement between Dish and T-Mobile. Dish Wireless is in the process of building their own 5G network which will be the first virtualized standalone 5G broadband network in the United States. Dish is committed on covering 70% of Americans with 5G by the end of June 2023.[81]

    Dish Wireless acquired Boost Mobile on July 1, 2020. It acquired Ting Inc. on August 1, 2020.[82]