Focus: Financial
February 20, 2020
Tarana Wireless Inc. announced on Thursday that in January, it received $24 million of follow-on preferred equity with commitments for $36 million of additional preferred equity through October 2020, fully funding the company’s pre-commercial efforts. Tarana is preparing for mass production of its Tarana G1 Gigabit residential broadband platform. The company said the financing will…
February 20, 2020
In its financial results released Thursday for the Fourth Quarter (Q4) that ended on Dec. 31, 2019, Echostar reported $499 million in revenue. This was an increase of about $45 million, or 10% from Q4 in 2018. But Echostar’s net loss from continuing operations was $56.3 million. This was a decrease of loss by $72.5…
February 20, 2020
The day before Intelsat reported full-year 2019 results that surpassed analysts' projections, the operator sparked a feud with rival operator SES over an ex parte filing with the FCC requesting adjustments to the agency's C-band Draft Order, released earlier this month. In the filing dated Feb. 19, Intelsat argued for adjustments to the FCC's proposed C-band…
February 19, 2020
DISH Network Corporation reported its Fourth Quarter (Q4) 2019 revenue totaled $3.24 billion, a decrease of 2.1% from the $3.31 billion in revenue for 2018 Q4. Net income attributable to DISH Network totaled $389 million for Q4 2019, compared to $337 million in Q4 2018. The company closed the fourth quarter with 11.99 million Pay-TV…