EchoStar Corporation was founded in 1980 by Charles Ergen as a distributor of TV systems. In 1987 the company applied for a DBS (direct broadcast satellite) license with the Federal Communications Commission and was granted access to an orbital slot.
In 1995 EchoStar launched its first satellite, EchoStar 1. The next year the company established Dish Network to market its home satellite TV system. In 2008 Dish Network was separated from the rest of the business and a split in shares created two companies.
Today EchoStar Corporation provides TV set-up boxes, satellite dishes, remote controls, and cable receivers to DISH network and other similar satellite service providers. Subsidiary Hughes Communications provides internet service to customers in North America.
EchoStar Corporation trades publicly on the NASDAQ under the ticker symbol SATS, is #686 in the Fortune 1000, has 4,000 employees, and had $3.41 billion in revenue in 2013.
EchoStar CorporationEchoStar Corporation was founded in 1980 by Charles Ergen as a distributor of TV systems. In 1987 the company applied for a DBS (direct broadcast satellite) license with the Federal Communications Commission and was granted access to an orbital slot.
In 1995 EchoStar launched its first satellite, EchoStar 1. The next year the company established Dish Network to market its home satellite TV system. In 2008 Dish Network was separated from the rest of the business and a split in shares created two companies.
Today EchoStar Corporation provides TV set-up boxes, satellite dishes, remote controls, and cable receivers to DISH network and other similar satellite service providers. Subsidiary Hughes Communications provides internet service to customers in North America.
History
EchoStar Corporation trades publicly on the NASDAQ under the ticker symbol SATS, is #686 in the Fortune 1000, has 4,000 employees, and had $3.41 billion in revenue in 2013.
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