SATS: The Only Thing That Matters Tomorrow
In its 8-K yesterday, EchoStar used vague language that could suggest it is open to selling some of its spectrum while continuing to try to build a business with the rest. When the company reports results tomorrow, investors will be singularly focused on any more concrete clues as to the company's intentions with its spectrum portfolio.EchoStar is a holding company. Through its subsidiaries, the company is a global provider of broadband satellite technologies, broadband internet services for home and small office customers, satellite operations and satellite services. The company operates in two business segments: Hughes, which provides broadband satellite technologies and broadband internet services and broadband network technologies, managed services, equipment, hardware, satellite services and communications solutions; and EchoStar Satellite Services, which uses certain of the company's owned and leased in-orbit satellites and related licenses to provide satellite service operations and satellite services.
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