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Dish Bankruptcy and AT&T’s Spectrum Win | Raleigh News
Dish DBS, the satellite TV and wireless giant, filed for Chapter 11 bankruptcy after failing to repay $2 billion in loans due July 1st — a crisis fueled by delays in its critical AT&T spectrum deal. The very merger that left EchoStar, Dish’s parent, drowning in $25 billion in debt, now has its lifeline tangled in regulatory delays, pushing the company into court. While AT&T stands to gain immensely from the deal — acquiring valuable spectrum and taking over Boost Mobile’s network — Dish’s wireless ambitions are folding. They expect to exit bankruptcy by Q3, promising no service disruption…
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