DISH Network (NASDAQ:DISH) recently announced that it has entered into an all-stock deal to buy the satellite services business from EchoStar Corporation (NASDAQ:SATS) .
The deal, which is valued at $800 million, helped DISH get hold of a business that manages and provides broadcast satellite services.
Per the deal, DISH is entitled to certain operations and assets including Echostar’s Broadcast Satellite Service (BSS) business for about 22.9 million of its shares. Notably, the BSS business includes nine direct broadcast satellites (DBS), licensing for the 61.5-degree orbital slot, key staff accountable for satellite operations and a few real estate properties.
DISH Network Corporation Revenue (TTM)
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