EchoStar Corporation designs, develops, and distributes digital set-top boxes and related products for direct-to-home satellite service providers. The company's set-top boxes permit consumers to watch, control, and record television programming through digital video recorder (DVR) technology integrated with satellite receivers. Its set-top box products include standard-definition (SD) basic digital set-top boxes, SD-DVR digital set-top boxes, high-definition (HD) digital set-top boxes, and HD-DVR digital set-top boxes. EchoStar Corporation also provides fixed satellite services through its nine owned or leased in-orbit satellites and related FCC licenses, a network of seven full service digital broadcast centers and leased fiber optic capacity with points of presence in approximately 150 cities. The company's transponder capacity is used for various applications, including broadcasting services, government services, network services, and satellite Internet protocol. In addition, EchoStar Corporation has agreements to construct and launch an S-band satellite, and to lease its transponder capacity to a Hong Kong joint venture to support the development of satellite-delivered mobile video services in China. It has operations in the United States, Europe, and Asia. The company was founded in 2007. It was formerly known as EchoStar Holding Corporation and changed its name to EchoStar Corporation in January 2008. EchoStar Corporation is headquartered in Englewood, Colorado. EchoStar Corp. (NasdaqNM: SATS) operates independently of Dish Network Corp. (Nasdaq: DISH) as of Januay 2, 2008.
Shares Outstanding5: 89.71M
% Held by Insiders1: 14.09%
% Held by Institutions1: 13.00%