Profile: EchoStar Corp (SATS.OQ)

SATS.OQ on NASDAQ Stock Exchange Global Select Market

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19 Dec 2014
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EchoStar Corporation (EchoStar) is a holding company. The Company operates in three segments: EchoStar Technologies, EchoStar Satellite Services and Hughes. EchoStar Technologies segment designs, develops and distributes digital set-top boxes and related products and technology, including its Slingbox placeshifting technology, primarily for satellite television (TV) service providers, telecommunication and cable companies and, with respect to Slingboxes, directly to consumers via retail outlets. Its EchoStar Satellite Services segment uses 10 of its 11-owned and leased in-orbit satellites and related Federal Communications Commission (FCC) licenses to lease capacity on a full-time and occasional-use basis primarily to DISH Network, and secondarily to Dish Mexico, S. de R.L. de C.V. (Dish Mexico), the United States Government service providers, state agencies, Internet service providers, broadcast news organizations, programmers and private enterprise customers. Hughes segment provides satellite broadband Internet access to North American consumers and broadband network services and systems to the domestic and international enterprise markets. In January 2014, the Company announced it has acquired 100% ownership of Solaris Mobile Ltd., a mobile satellite services (MSS) operator based in Dublin, Ireland and one of the European Union licensees of mobile satellite service with a complementary ground component (S band).

EchoStar Technologies provides digital broadcast operations, including satellite uplinking/downlinking, transmission services, signal processing, conditional access management and other services primarily to DISH Network. Hughes provides managed services to enterprises and networking systems solutions to customers for mobile satellite and wireless backhaul systems. The Company’s customers include DISH Network, Bell TV, Dish Mexico and Unitymedia GmbH. During the year ended December 31, 2011, DISH Network accounted for 79.4% of its total EchoStar Technologies segment revenue. During 2011, Bell TV, a direct-to-home (DTH) satellite service provider in Canada, accounted for 12.3% of its total EchoStar Technologies segment revenue. During 2011, Dish Mexico accounted for 4% of its total EchoStar Technologies segment revenue.

Digital Set-Top Boxes

The Company’s EchoStar Technologies segment offers a range of digital set-top boxes that allow consumers to watch and control their television programming. Its digital set-top boxes include Standard-definition (SD) digital set-top boxes and High-definition (HD) digital set-top boxes. SD digital set-top boxes allow consumers who subscribe to television service from multi-channel video distributors to access encrypted digital video and audio content. HD digital set-top boxes allow consumers who subscribe to television services from multi-channel video distributors to access the picture and sound of high-definition content, in addition to the SD functionality of its SD digital set-top boxes.

Certain models of its SD digital set-top boxes and HD digital set-top boxes also contain Interactive Applications, which includes an on-screen program guide, pay-per-view offerings, the ability to support V-chip type parental control technology, games and shopping; digital video recorder (DVR), which enables subscribers to pause, stop, reverse, fast forward, record and replay digital television content using a built-in and/or external hard drive capable of storing content; broadband Internet connectivity, which provides Internet protocol television (IPTV) functionality, which supports on-demand services that allow consumers to download television programming, movies, music and other content, and Sling placeshifting technology, which allows consumers to watch and control their digital television content anywhere in the world via a broadband Internet connection. It has introduced a HD DVR. In addition to digital set-top boxes, the Company also designs and develops related products, such as satellite dishes, remote controls, and broadband Internet connectivity devices.

Digital Broadcast Operations

EchoStar operates a range of digital broadcast centers in the United States. Its principal digital broadcast centers are located in Cheyenne, Wyoming, and Gilbert, Arizona. The Company also has four regional digital broadcast centers and four micro digital broadcast centers. Programming and other data is received at these centers by fiber optic cable or satellite. It is then processed, compressed, and encrypted and then uplinked to its satellites and its customers’ satellites for transmission to end users.

The Company competes with Motorola Mobility, Cisco, Pace and Technicolor.

Company Address

EchoStar Corp

100 INVERNESS TERRACE E.
ENGLEWOOD   CO   80112
P: +1303.7231277

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