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EchoStar Corp (SATS)
Common SharesOpen
$22.52
Previous close
$22.68
Trade high
$23.04
Volume
904,207
Year high
$32.48
Year low
$14.40
Dividend yield
–
Market capitalisation
$6.50 bn
P/E ratio
11.76
ISIN
US2787681061
This share can be held in a Dealing accountStocks and shares ISALifetime ISAJISASIPP
Share price
Company profile
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 andserves 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 prepaidbusiness 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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