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EchoStar history
EchoStar company history timeline
EchoStar was originally formed in 1980 by its chairman Charles Ergen as a distributor of C band TV systems.
In 1992 EchoStar won a license to broadcast from one of three slots within the broadcasting range of the entire continental United States.
Launching the Programming Service: 1993-95
In 1994 EchoStar offered $624 million in senior secured notes along with 3.7 million common stock purchase warrants.
EchoStar issued a prospectus for a four-million share initial public offering (IPO) in July 1995.
DISH Network reached 100,000 subscribers by August 1996.
The company began a new promotion on June 1, 1997, whereby consumers could purchase EchoStar hardware for $199 without buying an annual subscription, subscribing on a monthly basis instead.
Subscriber Growth in 1997
In January 1998 EchoStar began beaming the local signals of the top four networks' broadcast affiliates into their respective markets in New York, Chicago, Boston, Washington, Atlanta, and Dallas, with additional cities to follow.
In December 1998 News Corp. agreed to sell its satellite television assets to EchoStar, which would increase EchoStar's channels from 200 to 500.
By the end of August 1999 EchoStar had 2.84 million DISH TV subscribers.
EchoStar also announced that it planned to offer interactive television nationally in 1999--including e-mail and home banking--using software from OpenTV Inc. of Mountain View, California.
In an effort to provide interactive television services, EchoStar announced a partnership with Microsoft's WebTV to include the WebTV Network Plus Internet TV service in a new generation of EchoStar integrated receiver/decoders that would be available in spring 1999.
Following passage of SHVA in 1999, DBS companies would be able to compete more effectively with cable television operators.
On February 14, 2011, EchoStar announced that it would acquire Hughes Communications in a deal valued at US$1.3 billion.
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EchoStar competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Hughes | 1971 | $1.4B | 4,000 | 152 |
| DISH Network | 1980 | $14.3B | 16,000 | - |
| KVH Industries | 1982 | $113.8M | 600 | 3 |
| Intelsat | 1964 | $1.9B | 1,866 | 3 |
| Hotwire Communications | 2000 | $369.0M | 1,000 | 69 |
| Shentel | 1902 | $220.8M | 1,212 | 262 |
| Cox Communications | 1962 | $11.0B | 20,000 | 16 |
| Cable ONE | 1986 | $1.6B | 2,751 | 36 |
| Cablevision | 1973 | $6.5B | 13,656 | - |
| Southwestern Bell Mobile Systems | 1983 | $30.0M | 50 | - |
EchoStar history FAQs
Zippia gives an in-depth look into the details of EchoStar, including salaries, political affiliations, employee data, and more, in order to inform job seekers about EchoStar. The employee data is based on information from people who have self-reported their past or current employments at EchoStar. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by EchoStar. The data presented on this page does not represent the view of EchoStar and its employees or that of Zippia.
EchoStar may also be known as or be related to EchoStar, EchoStar Corp., EchoStar Corporation, Echostar Corporation and echostar/dish network.