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Slide #34. EchoStar Corp. — Solaris Mobile Ltd.
EchoStar Corp. (NASDAQ:SATS)
Solaris Mobile Ltd.
EchoStar Corp. (NASDAQ: SATS) announced today that it has acquired 100% ownership of Solaris Mobile Ltd., a next-generation mobile satellite services (MSS) operator based in Dublin, Ireland and one of the European Union licensees of mobile satellite service with a complementary ground component (S band).
EchoStar is a holding company. Through its subsidiaries, Co. is a global provider of broadband satellite technologies, broadband internet services for consumer customers, which include home and small to medium-sized businesses, and satellite services. Co. operates in the following business segments: Hughes and EchoStar Satellite Services (ESS). Co.'s Hughes segment is a global provider of broadband satellite technologies and broadband internet services, broadband network technologies, managed services, equipment, hardware, satellite services and communications solutions. Co.'s ESS segment provides satellite services on a full-time and/or occasional-use basis.
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Buy (3.00 out of 4)