EchoStar wants hundreds of new satellites
EchoStar is sitting on a war chest of $1.7 billion in cash, and wants to invest in an expanded fleet of wide-band satellites to augment its existing 28-craft fleet of Lyra narrowband satellites. The news emerged in EchoStar’s post-result analyst call when CEO Hamid Akhavan said: “We are in the design and engineering phase of […]