Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

DISH Network Issues Statement On DBSD/TerreStar License Transfers - Quick Facts

RELATED NEWS
Trade DISH now with 
3/2/2012 6:28 PM ET

DISH Network (DISH: Quote) issued a statement regarding its DBSD/TerreStar license transfers.

"Although we are disappointed that the FCC did not grant the integrated service and spare satellite waivers that DISH requested, we appreciate the cooperative spirit and diligent efforts of the Commission and its staff in reviewing our applications. We worked hard to demonstrate that the grant of those waivers was in the public interest, and we wish that we had been successful. We believe that the denial of those waivers will delay the advancement of some of President Obama's and the FCC's highest priorities -- namely freeing up new spectrum for commercial use and introducing new mobile broadband competition," DISH Network said in the statement.

"As we review our options, we will continue working with the FCC on the forthcoming 2 GHz Notice of Proposed Rulemaking (NPRM) to achieve those goals as expeditiously as possible. DISH is committed to helping the Administration and the FCC solve the existing spectrum crunch, and DISH believes that new competition is particularly critical given the expanding world of bit caps and restrictive data plans. We expect to close the DBSD and TerreStar transactions as soon as practicable," DISH Network said.

Register
To receive FREE breaking news email alerts for Dish Network Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved mostly lower during trading on Wednesday, giving back some ground after trending higher over the past several sessions. Selling pressure was relatively subdued, however, limiting the downside for the markets. The major averages all closed in the red, although the tech-heavy Nasdaq underperformed its counterparts by a wide margin. Russian Foreign Minister Sergei Lavrov warned Wednesday that Moscow would retaliate strongly if its "interests" in Ukraine are attacked. He also criticized the Ukrainian administration for relaunching its so-called anti-terrorist operation in the east of the country a day earlier. Lavrov's remarks came in an interview with Russia Today, which published excerpts of the English-language interview to While a majority of Kentucky voters approve of the way Rand Paul is handling his job as Senator, the results of New York Times/Kaiser Family Foundation poll showed that voters from the Bluegrass State have a more mixed view on Paul's potential run for president in 2016.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.