EchoStar (NASDAQ:SATS) Stock, Quote.Headers.trade-ideas

EchoStar

Satellite television provides the bulk of EchoStar's revenue. The firm serves about 6 million US customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. The firm's focus is now on the wireless market. EchoStar has amassed an extensive portfolio of spectrum licenses and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 7 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 900,000 internet customers.

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EchoStar Corp (NASDAQ: SATS) stock up on strong sales and subscriber numbers, CEO acknowledges improvements across business lines, shares up 1.34%.

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