Bankruptcy Filing Could Improve EchoStar's Negotiations With FCC: New Street

FCC Chief Brendan Carr Investigates EchoStar Licenses over Failed 5G Buildout Promises

FCC Chair Brendan Carr is considering the revocation of  valuable spectrum licenses granted by the Biden Administration to EchoStar after the company and its Chairman and major Democrat donor Charlie Ergen failed to build a promised 5G network serving rural Americans.

Bankruptcy Filing Could Improve EchoStar's Negotiations With FCC: New Street

EchoStar's decision Friday not to make a $326 million cash interest payment due that day on corporate debt that matures in 2029 (see [Ref:2505300001]) could give the company more leverage to negotiate over spectrum with the FCC, New Street's Blair...