DOCSLIB.ORG

Echostar Corporation Annual Report 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Echostar Corporation Annual Report 2018 EchoStar Corporation Annual Report 2018 Form 10-K (NASDAQ:SATS) Published: February 22nd, 2018 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2017 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO . Commission file number: 001-33807 EchoStar Corporation (Exact name of registrant as specified in its charter) Nevada 26-1232727 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 100 Inverness Terrace East, Englewood, Colorado 80112-5308 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: (303) 706-4000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Class A common stock, $0.001 par value The NASDAQ Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ý No o Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No ý Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý No o Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ý No o Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. o Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one): Smaller reporting company Emerging growth company Large accelerated filer x Accelerated filer o Non-accelerated filer o o o (Do not check if a smaller reporting company) If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No ý As of June 30, 2017, the aggregate market value of Class A common stock held by non-affiliates of the registrant was $2.86 billion based upon the closing price of the Class A common stock as reported on the Nasdaq Global Select Market as of the close of business on that date. As of February 12, 2018, the registrant’s outstanding common stock consisted of 48,146,076 shares of Class A common stock and 47,687,039 shares of Class B common stock, each $0.001 par value. DOCUMENTS INCORPORATED BY REFERENCE The following documents are incorporated into this Form 10-K by reference: Portions of the registrant’s definitive Proxy Statement to be filed in connection with its 2018 Annual Meeting of Shareholders are incorporated by reference in Part III. TABLE OF CONTENTS Disclosure Regarding Forward Looking Statements i PART I Item 1. Business 1 Item 1A. Risk Factors 15 Item 1B. Unresolved Staff Comments 32 Item 2. Properties 33 Item 3. Legal Proceedings 33 Item 4. Mine Safety Disclosures 33 PART II Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 34 Item 6. Selected Financial Data 35 Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 36 Item 7A. Quantitative and Qualitative Disclosures about Market Risk 63 Item 8. Financial Statements and Supplementary Data 64 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 64 Item 9A. Controls and Procedures 64 Item 9B. Other Information 65 PART III Item 10. Directors, Executive Officers and Corporate Governance 66 Item 11. Executive Compensation 66 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 66 Item 13. Certain Relationships and Related Transactions, and Director Independence 66 Item 14. Principal Accounting Fees and Services 66 PART IV Item 15. Exhibits, Financial Statement Schedules 67 Item 16. Form 10-K Summary 73 Signatures 74 Index to Consolidated Financial Statements F-1 DISCLOSURE REGARDING FORWARD LOOKING STATEMENTS This Annual Report on Form 10-K (“Form 10-K”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including but not limited to statements about our estimates, expectations, plans, objectives, strategies, and financial condition, expected impact of regulatory developments and legal proceedings, opportunities in our industries and businesses and other trends and projections for the next fiscal quarter and beyond. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements may also be identified by words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “estimate,” “expect,” “predict,” “continue,” “future,” “will,” “would,” “could,” “can,” “may” and similar terms. These forward-looking statements are based on information available to us as of the date of this Form 10-K and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve potential known and unknown risks, uncertainties and other factors, many of which may be beyond our control and may pose a risk to our operating and financial condition. Accordingly, actual performance, events or results could differ materially from those expressed or implied in the forward-looking statements due to a number of factors including, but not limited to: • our reliance on DISH Network Corporation and its subsidiaries for a significant portion of our revenue; • significant risks related to the construction, launch and operation of our satellites, such as the risk of material malfunction on one or more of our satellites, risks resulting from delays or failures of launches of our satellites and potentially missing our regulatory milestones, changes in the space weather environment that could interfere with the operation of our satellites, and our general lack of commercial insurance coverage on our satellites; • our ability to realize the anticipated benefits of our current satellites and any future satellite we may construct or acquire; • our ability to implement and realize benefits of our domestic and/or international investments, commercial alliances, partnerships, joint ventures, acquisitions and other strategic initiatives; • the failure of third-party providers of components, manufacturing, installation services and customer support services to appropriately deliver the contracted goods or services; • our ability to bring advanced technologies to market to keep pace with our customers and competitors; and • risk related to our foreign operations and other uncertainties associated with doing business internationally, including changes in foreign exchange rates between foreign currencies and the United States dollar, economic instability and political disturbances. Other factors that could cause or contribute to such differences include, but are not limited to, those discussed in Part I, Item 1A. — Risk Factors and Item 7. — Management’s Discussion and Analysis of Financial Condition and Results of Operations of this Form 10-K and those discussed in other documents we file with the Securities and Exchange Commission (“SEC”). All cautionary statements made herein should be read as being applicable to all forward-looking statements wherever they appear. Investors should consider the risks and uncertainties described herein and should not place undue reliance on any forward-looking statements. We do not undertake, and specifically disclaim, any obligation to publicly release the results of any revisions that may be made to any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, events, levels of activity, performance or achievements. We do not assume responsibility for the accuracy and completeness of any forward-looking statements. We assume no responsibility for updating forward- looking information contained or incorporated by reference herein or in any documents we file with the SEC, except as required by law. Should one or more of the risks or uncertainties described herein or in any documents we file with the SEC occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements.
Load more

Recommended publications
  • ANNUAL REPORT PURSUANT to SECTION 13 OR 15(D) of the SECURITIES EXCHANGE ACT of 1934 for the FISCAL YEAR ENDED DECEMBER 31, 1997 OR
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 1997 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(b) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ________________. Commission file number: 0-26176 EchoStar Communications Corporation (Exact name of registrant as specified in its charter) Nevada 88-0336997 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 5701 S. Santa Fe Littleton, Colorado 80120 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (303) 723-1000 Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Class A Common Stock, $0.01 par value 6 ¾% Series C Cumulative Convertible Preferred Stock Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
    [Show full text]
  • 2010 Annual Report
    EchoStar Annual Report Year Ended December 31, 2010 March 24, 2011 Dear EchoStar Corporation Shareholders: After three full years as an independent, publicly-traded company, we continue to concentrate on developing digital equipment and satellite service solutions for domestic and international satellite, cable TV, IPTV, terrestrial and telecommunications operators. I am pleased to report that EchoStar had a strong year in 2010. Our revenue grew 23% to $2.35 billion. Throughout the year, we continued to focus on efficiency across our operations, which resulted in improved operating margins. Despite difficult economic conditions, we see opportunities for growth in emerging markets. To this end, our Mexican joint venture, Dish Mexico, is one of the fastest growing DTH service providers in the world, approaching two million subscribers with healthy margins. As we identify opportunities, we continue to evaluate partnerships, joint ventures and strategic acquisitions that will leverage our digital equipment, satellite and operational expertise around the globe. Sling Media continues to deliver on the promise of TV Everywhere. Its placeshifting platform expanded further onto iPad, Android, Windows Phone and other Internet-connected devices. For example, we launched our award winning Slingbox 700U, the smallest, thinnest and easiest to install Slingbox in our history. Furthermore, our Sling related revenues are rising due to expanded retail growth and sales to pay-TV operators. Meanwhile, the acquisition of Move Networks and its adaptive video delivery technologies increase our IPTV capability in the U.S. and abroad. Move provides us with the ability to deliver an Over The Top video service as well as a competitive advantage in the video delivery marketplace.
    [Show full text]
  • Echostar Annual Report Year Ended December 31, 2012 March 20, 2013
    NASDAQ: SATS 100 Inverness Terrace East Englewood, CO 80112 303.706.4000 | echostar.com EchoStar Annual Report Year Ended December 31, 2012 March 20, 2013 Dear EchoStar Corporation Shareholders; 2012 was a very busy year for EchoStar. One of the most exciting accomplishments for 2012 was the addition of two new satellites to our growing fleet through the successful launches of EchoStar XVI and EchoStar XVII, bringing our total number of owned, leased and managed spacecraft to twenty-two. EchoStar operates the world’s fourth largest commercial geostationary satellite fleet and we continue to solidify our position as a premier global leader in satellite communications and operations. EchoStar ended 2012 with revenue of $3.1 billion, a growth of 13% over 2011. EBITDA in 2012 was $794 million, a growth of 64% over 2011. We generated a healthy $508 million of cash from operating activities in 2012 as a result primarily of the strong net income in 2012 and ended the year with a strong balance sheet with $1.5 billion of cash and marketable securities. EchoStar reached two very important long-term North America goals in 2012 with the market implementation of the HughesNet Gen4 service and the roll-out of the Hopper Whole Home DVR solution for DISH. Both solutions are garnering high praise and rapid adoption by consumers, a glowing testament to the capabilities and ingenuity of the EchoStar team. Additional notable accomplishments for 2012 include the very successful introduction of two new Slingbox retail products, several large enterprise contract renewals and new customers for Hughes data network services around the globe, and above-forecast sales of set-top-box products and video services to our established operator customers.
    [Show full text]
  • Echostar DBS Corporation
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2004 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 333-31929 EchoStar DBS Corporation (Exact name of registrant as specified in its charter) Colorado 84-1328967 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 9601 South Meridian Boulevard Englewood, Colorado 80112 (Address of principal executive offices) (Zip code) (303) 723-1000 (Registrant’s telephone number, including area code) Not Applicable (Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark whether the registrant is an accelerated filer (as defined by Rule 12b-2 of the Exchange Act). Yes [ ] No [X] As of July 30, 2004, the Registrant’s outstanding common stock consisted of 1,015 shares of Common Stock, $0.01 par value. The Registrant meets the conditions set forth in General Instruction (H)(1)(a) and (b) of Form 10-Q and is therefore filing this Form 10-Q with the reduced disclosure format.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) [X] ANNUAL REPORT PURSUANT to SECT
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 1998 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ________________. Commission file number: 0-26176 EchoStar Communications Corporation (Exact name of registrant as specified in its charter) Nevada 88-0336997 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 5701 S. Santa Fe Littleton, Colorado 80120 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (303) 723-1000 Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Class A Common Stock, $0.01 par value 6 ¾% Series C Cumulative Convertible Preferred Stock Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
    [Show full text]
  • Photographs Written Historical and Descriptive
    CAPE CANAVERAL AIR FORCE STATION, MISSILE ASSEMBLY HAER FL-8-B BUILDING AE HAER FL-8-B (John F. Kennedy Space Center, Hanger AE) Cape Canaveral Brevard County Florida PHOTOGRAPHS WRITTEN HISTORICAL AND DESCRIPTIVE DATA HISTORIC AMERICAN ENGINEERING RECORD SOUTHEAST REGIONAL OFFICE National Park Service U.S. Department of the Interior 100 Alabama St. NW Atlanta, GA 30303 HISTORIC AMERICAN ENGINEERING RECORD CAPE CANAVERAL AIR FORCE STATION, MISSILE ASSEMBLY BUILDING AE (Hangar AE) HAER NO. FL-8-B Location: Hangar Road, Cape Canaveral Air Force Station (CCAFS), Industrial Area, Brevard County, Florida. USGS Cape Canaveral, Florida, Quadrangle. Universal Transverse Mercator Coordinates: E 540610 N 3151547, Zone 17, NAD 1983. Date of Construction: 1959 Present Owner: National Aeronautics and Space Administration (NASA) Present Use: Home to NASA’s Launch Services Program (LSP) and the Launch Vehicle Data Center (LVDC). The LVDC allows engineers to monitor telemetry data during unmanned rocket launches. Significance: Missile Assembly Building AE, commonly called Hangar AE, is nationally significant as the telemetry station for NASA KSC’s unmanned Expendable Launch Vehicle (ELV) program. Since 1961, the building has been the principal facility for monitoring telemetry communications data during ELV launches and until 1995 it processed scientifically significant ELV satellite payloads. Still in operation, Hangar AE is essential to the continuing mission and success of NASA’s unmanned rocket launch program at KSC. It is eligible for listing on the National Register of Historic Places (NRHP) under Criterion A in the area of Space Exploration as Kennedy Space Center’s (KSC) original Mission Control Center for its program of unmanned launch missions and under Criterion C as a contributing resource in the CCAFS Industrial Area Historic District.
    [Show full text]
  • Space Business Review
    December 2010 - SPECIAL EDITION: THE TOP-10 SPACE BUSINESS STORIES OF 2010 – #1 – ECAs Take Center Stage #6 – Satellite Broadband Market Grows Export credit agencies played a major role in The FCC’s National Broadband Plan space financings in 2010. COFACE of stimulated wireless broadband applications France backed a $1.8b credit facility for by proposing terrestrial use of certain Iridium Communications Inc. for its licensed MSS S- and L-band spectrum while Iridium NEXT constellation, a $1.2b facility the Ka-band satellite broadband market for O3b Networks Limited and a $115m continued to grow with ViaSat reporting a loan for Hughes Network Systems, LLC. The 15% increase in subscribers and Hughes U.S. Ex-Im Bank loaned $215.6m to Avanti Communications surpassing 500,000 Communications Group plc, $171.5m to subscribers. Avanti Communications SES S.A. and $666m to Inmarsat plc for its launched the HYLAS 1 broadband satellite, Global Xpress™ program. LightSquared™ Inc. launched SkyTerra 1 #2 – Debt & Equity Markets Heat Up and Eutelsat launched KA-SAT. Markets end on a high note in 2010. SIRIUS #7 – Sea Launch Exits Ch. 11 XM Radio Inc. closed $910m in note offerings, Sea Launch Company successfully ViaSat, Inc. closed a public offering of 6.9m of completed its Chapter 11 reorganization its shares, Eutelsat S.A. refinanced €1.3b of process with Sea Launch S.a.r.l. as the debt, Inmarsat plc closed a debt facility of successor entity and Energia Overseas €225m, Avanti Communications raised Limited of Russia the new majority owner, approx. £70m in a share placement, Intelsat investing more than $140m in capital.
    [Show full text]
  • FCC Form 312 Echostar Broadcasting Corporation Page 1 of 2
    FCC Form 312 EchoStar Broadcasting Corporation Page 1 of 2 Narrative for Earth Station License Modification Introduction Pursuant to Section 25.117 of the Federal Communications Commission’s rules,1 EchoStar Broadcasting Corporation (EBC) submits this application to modify the points of communications for earth station license E070273.2 Points of Communication EBC request to add the following points of communications -- EchoStar and Dish satellites at the 61.5° W.L. cluster (EchoStar III, EchoStar XII and EchoStar XVI3), the 110° W.L. cluster (EchoStar X and EchoStar XI4), and the 119° W.L. cluster (EchoStar XIV and EchoStar VII.5). The FCC has previously authorized these points of communications.6 EBC requests that the Commission correct the license so that EchoStar 6 at 96.2° W.L. is listed as a point of communications. On August 11, 2014, the International Bureau and the Office of Engineering and Technology granted EBC’s application to add EchoStar 6 at 96.2° W.L. as a point of communications.7 However, that grant is not reflected on the license. Accordingly, EBC requests that Commission correct the license to add EchoStar 6 at 96.2° W.L. as a point of communications. EBC requests that the Commission delete the following points of communications from the license: 1. Mt. Jackson to ECHOSTAR 1 @ 148.0 W.L. of the Direct Broadcast Satellite system (U.S.- licensed)8 2. Mt. Jackson to ECHOSTAR 2 @ 148 W.L. of the Direct Broadcast satellite system (U.S.- licensed)9 3. Mt. Jackson to ECHOSTAR 3 (S2741) @ 61.5 W.L.
    [Show full text]
  • 2014 Annual Report
    Annual Report NASDAQ: SATS Year Ended December 31, 2014 100 Inverness Terrace East Englewood, CO 80112 303.706.4000 | echostar.com March 20, 2015 Dear EchoStar Corporation Shareholders, 2014 was another outstanding year for EchoStar. From our financial performance to our continued progress in the satellite, broadband and video distribution platforms, we continue to demonstrate why we are a leader in the global provisioning of satellite operations and video-delivery solutions. EchoStar ended the 2014 fiscal year very strong, and we continue to meet our financial goals as a corporation. Revenues were $3.45 billion, increasing 5% over 2013, and EBITDA was $903 million—a 39% increase over the fiscal year 2013. Net Income attributable to EchoStar shareholders increased from $5 million in 2013 to $165 million in 2014. We continue to have a very strong balance sheet, with approximately $1.7 billion of cash and marketable securities, giving us ample resources to continue to pursue our strategic objectives. EchoStar has evolved into one of the world’s largest products-and-services companies for satellite-based broadcast and broadband networking. Our vertical integration gives us a unique position in our current markets and also in other markets that we continue to enter. Each of our four divisions plays a role in this strategy, and as we go into the future we will make investments to increase our market share in all of these segments: x We now own, lease and/or manage 24 satellites and continue to add to this fleet. In addition to the Ku and Ka satellites that we have in our fleet, we now have five satellites under construction, including a satellite for mobility services in Europe.
    [Show full text]
  • 2013 Annual Report
    Annual Report Year Ended December 31, 2013 September 18, 2014 Dear EchoStar Corporation Shareholders, In 2013, we made tremendous progress and, yet again, proved why we are a leader in the satellite and telecommunications industry. Our unique combination of knowledge and experience from end-to-end satellite operations, video delivery and broadcast technologies, and data networks allows us to deliver a unique and impressive suite of products and services to support our continued success. EchoStar ended the 2013 fiscal year with a solid performance. Our total revenue was $3.3 billion compared to $3.1 billion in 2012, representing a 6.7% increase. EBITDA was $650 million in 2013, compared to $794 million in 2012, and included $139 million higher investment gains and $46 million in dividends that were not repeated in 2013. We ended the year with $1.6 billion in cash and marketable securities, which gives us the resources necessary to pursue strategic opportunities to position ourselves for global growth. We continue to deliver on our commitments to customers, partners, employees, and shareholders. EchoStar had a stellar 2013 performance partially due to the continued success of the Hopper whole-home DVR product line, including the launch of the award-winning Hopper with Sling. In addition, we achieved record numbers in growth for our HughesNet subscribers, which totaled more than 800,000 by the end of 2013. Hughes broadened its suite of services by launching HughesNet Voice, an integrated VoIP option, that rivals the triple play offered by competitors. In December 2013, we acquired Solaris Mobile, a company based in Ireland and licensed by the European Union, to provide mobile satellite services and complementary ground component services covering the entire European Union.
    [Show full text]
  • 2020 Annual Report
    20ANNUAL 20REPORT YEAR ENDED DECEMBER 31, 2020 CONNECTING THE WORLD March 17, 2021 Dear EchoStar Corporation Shareholder, 2020 was a challenging year for everyone, but despite all the hurdles, our EchoStar team delivered. When it was needed the most, our team rose to the occasion and delivered essential broadband services and technologies connecting millions around the world while continuing to innovate and move the business forward. Notable highlights of 2020 include: • More than 1.5 million subscribers across two continents rely on HughesNet® for their internet access, including approximately 375,000 subscribers across Latin America. • The Gartner November 2020 Magic Quadrant for Managed Network Services recognized the Hughes Division as a pioneer of performance optimization technology. The Frost & Sullivan 2020 Frost Radar report rated Hughes as a leader in both growth and innovation, ranking among the top three managed SD-WAN providers for growth • We joined the consortium purchasing OneWeb out of bankruptcy and were selected to develop and manufacture essential ground system technology for the new LEO constellation. • We partnered with Jersey Telecom to bring true, hybrid satellite/cellular capability to Internet of Things (IoT) and Mobility customers across Europe and the U.K. • The Government Innovation Awards named Hughes an Industry Innovator, for its work at the forefront of government network modernization. • Inmarsat chose to partner with Hughes for its new GX North America aero service, leveraging the capacity density of
    [Show full text]
  • Tr 101 374-01
    TR 101 374-1 V1.2.1 (1998-10) Technical Report Satellite Earth Stations and Systems (SES); Broadband satellite multimedia; Part 1: Survey on standardization objectives 2 TR 101 374-1 V1.2.1 (1998-10) Reference DTR/SES-00038-1 (cq090ios.PDF) Keywords broadband, satellite, earth station, multimedia ETSI Postal address F-06921 Sophia Antipolis Cedex - FRANCE Office address 650 Route des Lucioles - Sophia Antipolis Valbonne - FRANCE Tel.: +33 4 92 94 42 00 Fax: +33 4 93 65 47 16 Siret N° 348 623 562 00017 - NAF 742 C Association à but non lucratif enregistrée à la Sous-Préfecture de Grasse (06) N° 7803/88 Internet [email protected] http://www.etsi.org Copyright Notification No part may be reproduced except as authorized by written permission. The copyright and the foregoing restriction extend to reproduction in all media. © European Telecommunications Standards Institute 1998. All rights reserved. ETSI 3 TR 101 374-1 V1.2.1 (1998-10) Contents Intellectual Property Rights..............................................................................................................................10 Foreword ..........................................................................................................................................................10 1 Scope......................................................................................................................................................11 2 References..............................................................................................................................................11
    [Show full text]