Dish/EchoStar satellite-TV and wireless affiliates file prepackaged Chapter 11 to cut ~$9bn debt after spectrum sales to SpaceX
Dish DBS and its EchoStar wireless subsidiaries have filed for Chapter 11 bankruptcy under a prepackaged restructuring plan aimed at repaying debt early. The move follows delays around a crucial AT&T-related transaction and follows spectrum sales to SpaceX and AT&T, reshaping the group’s capital position.
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