EchoStar (SATS) shares soar 50% as Trump brokers a deal with the FCC over spectrum licenses, averting bankruptcy.

The FCC probe prompted EchoStar (SATS) to consider filing for Chapter 11 bankruptcy as protection from regulatory actions, claiming the FCC threats have “effectively frozen our ability to make ...

EchoStar rockets higher as interest payments defer bankruptcy risk EchoStar had missed $509 million in combined interest payments due on May 30 and June 2, but it is now sending that cash to ...

President Trump intervened to try to broker a deal between EchoStar and the FCC. The FCC has been threatening to seize EchoStar's spectrum, saying its rollout of wireless services has been too slow.

Absent a resolution, EchoStar was said to be considering a bankruptcy filing. Investors are understandably excited by the latest development, sending EchoStar shares up 40% as of 10 a.m. ET.

EchoStar bought some time from having to declare bankruptcy, but still has finalized a deal yet. Shares of EchoStar Corporation (NASDAQ: SATS) rocketed 56.2% higher in June, according to data from ...

EchoStar jumped by 13.16 percent on Friday to close at $28.81 apiece after announcing that it would now pay $500 million worth of interest payments after receiving support from President Donald ...

EchoStar chief Charlie Ergen can thank Newsmax boss Chris Ruddy for his meeting with President Trump – and maybe keeping the Dish Network’s parent company out of bankruptcy, On The Money has ...

Dish Network owner EchoStar shares skyrocketed 45% Monday morning on a report that President Donald Trump had intervened to help the satellite TV provider hold onto its valuable spectrum licenses.