EchoStar prepares potential bankruptcy filing amid FCC review, WSJ reports

From Yahoo Finance: 2025-06-06 20:06:00

EchoStar is considering a Chapter 11 bankruptcy filing to protect wireless spectrum licenses from FCC revocation. The FCC is investigating EchoStar’s compliance with 5G service obligations, limiting strategic decisions. EchoStar missed $500 million in interest payments, citing FCC review uncertainty. DirecTV terminated a deal to acquire EchoStar’s satellite TV business over a failed debt-exchange offer.



Read more at Yahoo Finance: EchoStar prepares potential bankruptcy filing amid FCC review, WSJ reports