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EchoStar Corporation was founded in 1980 by Charles Ergen with the initial purpose of distributing C band TV systems.
Answer: True
Explanation: The company's origin dates back to 1980 when Charles Ergen established EchoStar to distribute C band TV systems.
EchoStar applied for a direct broadcast satellite (DBS) license from the FCC in 1992.
Answer: False
Explanation: EchoStar applied for a direct broadcast satellite (DBS) license from the FCC in 1987, not 1992.
Charles Ergen founded EchoStar in 1980 and currently serves as its Chief Executive Officer.
Answer: False
Explanation: Charles Ergen founded EchoStar in 1980, but he currently serves as its Chairman, not its Chief Executive Officer.
What was EchoStar's original business when it was founded in 1980?
Answer: Distributing C band TV systems.
Explanation: EchoStar Corporation was founded in 1980 with its initial business focus on the distribution of C band TV systems.
In what year did EchoStar apply for a direct broadcast satellite (DBS) license with the FCC?
Answer: 1987
Explanation: EchoStar submitted its application for a direct broadcast satellite (DBS) license to the FCC in 1987.
Who founded EchoStar Corporation in 1980?
Answer: Charles Ergen
Explanation: Charles Ergen founded EchoStar Corporation in 1980.
What was the original purpose of EchoStar when founded by Charles Ergen?
Answer: To distribute C band TV systems.
Explanation: Founded by Charles Ergen in 1980, EchoStar's original purpose was to distribute C band TV systems.
The first satellite launched by EchoStar was named EchoStar II, deployed on December 28, 1995.
Answer: False
Explanation: EchoStar's first satellite, launched on December 28, 1995, was named EchoStar I, not EchoStar II.
EchoStar XXIII, launched in March 2017, was intended to provide broadcast services for Brazil.
Answer: False
Explanation: The EchoStar XXIII satellite, launched in March 2017, was specifically designed and intended to provide broadcast services for Brazil, not Europe.
The EchoStar satellite fleet list notes that orbital locations are fixed and never change.
Answer: False
Explanation: The EchoStar satellite fleet list includes a note indicating that orbital locations may change due to frequent repositioning of satellites.
According to the satellite fleet table, 15 EchoStar satellites are currently listed as 'In service'.
Answer: True
Explanation: The provided satellite fleet table indicates that 15 EchoStar satellites are presently designated as 'In service'.
EchoStar XIII (CMBstar 1) is listed in the satellite fleet table as being 'Operational'.
Answer: False
Explanation: The satellite fleet table lists EchoStar XIII (CMBstar 1) with the status 'Cancelled', not 'Operational'.
EchoStar XXV is designated as 'Planned' in the satellite fleet information.
Answer: True
Explanation: The satellite fleet information designates EchoStar XXV with the status 'Planned'.
EchoStar XVII (Jupiter 1) is located in orbit at 97.1 degrees West longitude.
Answer: False
Explanation: EchoStar XVII (Jupiter 1) operates in orbit at 107.0 degrees West longitude, not 97.1 degrees West.
EchoStar XXIV (Jupiter 3) operates in orbit at 105.2 degrees West longitude.
Answer: True
Explanation: The satellite EchoStar XXIV (Jupiter 3) is positioned in orbit at 105.2 degrees West longitude.
EchoStar 105, also known as SES-11, is positioned at 105.0 degrees West longitude.
Answer: True
Explanation: The satellite EchoStar 105, which is also identified as SES-11, operates in orbit at 105.0 degrees West longitude.
The launch of EchoStar I in 1995 was a foundational step in establishing EchoStar's direct broadcast satellite services.
Answer: True
Explanation: The deployment of EchoStar I in 1995 represented a critical milestone, marking the company's initial satellite launch and paving the way for its direct broadcast satellite services.
EchoStar XV is currently listed as being 'In service' in the satellite fleet information.
Answer: False
Explanation: The satellite fleet information lists EchoStar XV as 'In service', not 'Cancelled'.
What was the name of EchoStar's first satellite, launched on December 28, 1995?
Answer: EchoStar I
Explanation: The first satellite launched by EchoStar on December 28, 1995, was named EchoStar I.
What was the primary purpose of the EchoStar XXIII satellite, launched in March 2017?
Answer: To provide broadcast services specifically for Brazil.
Explanation: The EchoStar XXIII satellite, launched in March 2017, was primarily intended to provide broadcast services for the country of Brazil.
What does the note regarding the EchoStar satellite fleet list indicate?
Answer: Orbital locations may change due to frequent repositioning.
Explanation: The note accompanying the EchoStar satellite fleet list specifies that orbital locations are subject to change due to frequent repositioning of the satellites.
How many EchoStar satellites are listed as 'In service' in the provided table?
Answer: 15
Explanation: The satellite fleet table indicates that 15 EchoStar satellites are currently designated as 'In service'.
What is the status of EchoStar XIII (CMBstar 1) according to the satellite fleet table?
Answer: Cancelled
Explanation: According to the satellite fleet table, EchoStar XIII (CMBstar 1) is listed with the status 'Cancelled'.
Which satellite was launched by SpaceX for EchoStar in March 2017?
Answer: EchoStar XXIII
Explanation: SpaceX launched the EchoStar XXIII satellite for EchoStar in March 2017.
What is the orbital location of EchoStar XVII (Jupiter 1)?
Answer: 107.0 degrees West longitude
Explanation: EchoStar XVII (Jupiter 1) is located in orbit at 107.0 degrees West longitude.
What is the orbital location of EchoStar XXIV (Jupiter 3)?
Answer: 105.2 degrees West longitude
Explanation: EchoStar XXIV (Jupiter 3) is situated in orbit at 105.2 degrees West longitude.
What was the primary purpose of the EchoStar XXIII satellite launch in March 2017?
Answer: To provide broadcast services for Brazil.
Explanation: The primary purpose of the EchoStar XXIII satellite launch in March 2017 was to provide broadcast services specifically for Brazil.
Which satellite is designated as 'Planned' in the EchoStar fleet information?
Answer: EchoStar XXV
Explanation: EchoStar XXV is designated as 'Planned' within the satellite fleet information.
Prior to the 2023 remerger, Dish Network Corporation and EchoStar Corporation operated as completely separate, independent publicly traded entities with no shared foundational control or ultimate oversight.
Answer: False
Explanation: While Dish Network Corporation was spun off as an independent publicly traded company in 2008, the entities were ultimately reunited in a remerger completed by the end of 2023, suggesting a degree of interconnectedness or shared foundational control prior to the full separation.
The Dish Network brand was established in 1996 with the primary purpose of marketing EchoStar's satellite television system directly to consumers.
Answer: True
Explanation: The brand name Dish Network was created on March 4, 1996, specifically to facilitate the direct marketing of EchoStar's home satellite television system to consumers.
Following the 2008 corporate restructuring, EchoStar Corporation retained the consumer-facing satellite TV service, while Dish Network Corporation focused on technology assets.
Answer: False
Explanation: The 2008 restructuring involved spinning off the consumer-facing satellite TV service to Dish Network Corporation, while EchoStar Corporation retained the technology and infrastructure assets.
EchoStar acquired Hughes Communications in a transaction valued at approximately US$1.3 billion, announced in February 2011.
Answer: True
Explanation: The acquisition of Hughes Communications by EchoStar was announced on February 14, 2011, with a reported deal value of approximately US$1.3 billion.
In January 2017, EchoStar transferred its technology businesses, including set-top box design and development, back to DISH.
Answer: True
Explanation: On January 31, 2017, EchoStar transferred its EchoStar Technologies businesses, encompassing set-top box design and development, back to DISH.
EchoStar transferred its Broadcast Satellite Services (BSS) business to Dish Network Corporation in September 2019 to enable EchoStar to concentrate on broadband services.
Answer: True
Explanation: The transfer of the Broadcast Satellite Services (BSS) business to Dish Network in September 2019 was a strategic move intended to allow EchoStar to focus more intently on its broadband services and other initiatives.
The remerger between Dish Network and EchoStar was announced in August 2023 and completed by the end of 2024.
Answer: False
Explanation: The announcement of the remerger between Dish Network and EchoStar occurred in August 2023, but the transaction was completed by December 31, 2023, not by the end of 2024.
Following the 2008 spin-off, the entity focused on consumer-facing services retained the name EchoStar Corporation.
Answer: False
Explanation: The 2008 spin-off resulted in Dish Network Corporation focusing on consumer services, while EchoStar Corporation retained the technology and infrastructure assets.
The transfer of EchoStar's Broadcast Satellite Services (BSS) business in 2019 was intended to shift focus towards broadband services.
Answer: True
Explanation: The strategic rationale behind transferring the Broadcast Satellite Services (BSS) business in 2019 was to enable EchoStar to concentrate more effectively on its broadband services and other strategic initiatives.
The Dish Network brand name was established on March 4, 1996, for what primary purpose?
Answer: To market EchoStar's home satellite television system to consumers.
Explanation: The Dish Network brand was created in 1996 specifically to market EchoStar's satellite television system directly to consumers.
Which significant corporate event occurred on January 2, 2008, involving EchoStar and Dish Network?
Answer: Dish Network was spun off from EchoStar's technology side.
Explanation: On January 2, 2008, EchoStar underwent a significant corporate restructuring where the Dish Network business was spun off as an independent, publicly traded company.
What was the approximate value of the deal when EchoStar announced its intention to acquire Hughes Communications?
Answer: US$1.3 billion
Explanation: The acquisition of Hughes Communications by EchoStar, announced in February 2011, was valued at approximately US$1.3 billion.
Which business segments were transferred back to DISH from EchoStar on January 31, 2017?
Answer: EchoStar Technologies, including set-top box design and development.
Explanation: On January 31, 2017, EchoStar transferred its EchoStar Technologies businesses, which included set-top box design and development, back to DISH.
Why did EchoStar transfer its Broadcast Satellite Services (BSS) business to Dish Network in September 2019?
Answer: To allow EchoStar to better concentrate on its broadband services.
Explanation: The transfer of the Broadcast Satellite Services (BSS) business was intended to allow EchoStar to focus its resources and strategic efforts more effectively on its broadband services and other initiatives.
What significant corporate event involving Dish Network and EchoStar was completed by the end of 2023?
Answer: The remerger of Dish Network and EchoStar.
Explanation: By the end of 2023, the remerger between Dish Network and EchoStar, announced in August 2023, was officially completed.
What was the stated reason for EchoStar transferring the Broadcast Satellite Services (BSS) business to Dish Network in 2019?
Answer: To focus resources on broadband services and other initiatives.
Explanation: The transfer of the Broadcast Satellite Services (BSS) business was intended to allow EchoStar to better focus its resources and strategic efforts on broadband services and other related initiatives.
EchoStar Corporation's core business activities encompass satellite communication, wireless telecommunications, and internet services.
Answer: True
Explanation: The source indicates that EchoStar Corporation's primary business operations include satellite communication, wireless telecommunications, and internet services.
A new bundled offering combining Dish satellite television and Hughesnet satellite internet service was announced in May 2024.
Answer: True
Explanation: In May 2024, Dish Network and Hughes Network Systems introduced a bundled package that integrates Dish satellite television service with Hughesnet satellite internet service.
EchoStar Corporation is primarily classified within the Aerospace and Defense industry.
Answer: False
Explanation: EchoStar Corporation's primary industry classification is Telecommunications and Satellite television, not Aerospace and Defense.
Charles Ergen serves as the Chairman of EchoStar Corporation, while Hamid Akhavan is the Chief Executive Officer (CEO).
Answer: False
Explanation: Charles Ergen holds the position of Chairman of EchoStar Corporation, and Hamid Akhavan serves as its Chief Executive Officer (CEO).
EchoStar offers services including direct-broadcast satellite, pay television, streaming platforms, and mobile telephony.
Answer: True
Explanation: Through its various subsidiaries and brands, EchoStar provides a comprehensive suite of services, encompassing direct-broadcast satellite, pay television, streaming platforms, and mobile telephony.
The official website for EchoStar Corporation is echostar.net.
Answer: False
Explanation: The official website for EchoStar Corporation is echostar.com, not echostar.net.
The listed subsidiaries of EchoStar Corporation include Dish Network, Boost Mobile, EchoStar Mobile, and Hughes Network Systems.
Answer: True
Explanation: EchoStar Corporation's operational structure includes several key subsidiaries such as Dish Network, Boost Mobile, EchoStar Mobile, and Hughes Network Systems.
What is the primary business focus of EchoStar Corporation?
Answer: Providing satellite communication, wireless telecommunications, and internet services.
Explanation: EchoStar Corporation's core business activities are centered on satellite communication, wireless telecommunications, and internet services.
Which of the following entities operates under EchoStar Corporation to provide mobile services?
Answer: Boost Mobile
Explanation: Boost Mobile is one of the key subsidiaries under EchoStar Corporation that provides mobile services.
What new bundled offering was introduced in May 2024 by Dish Network and Hughes Network Systems?
Answer: A bundle of Dish satellite television and Hughesnet satellite internet.
Explanation: In May 2024, Dish Network and Hughes Network Systems launched a new bundled offering that combines Dish satellite television service with Hughesnet satellite internet service.
EchoStar Corporation is primarily classified within which industries?
Answer: Telecommunications and Satellite television
Explanation: EchoStar Corporation is primarily classified within the Telecommunications and Satellite television industries.
Who serves as the Chairman of EchoStar Corporation?
Answer: Charles Ergen
Explanation: Charles Ergen serves as the Chairman of EchoStar Corporation.
Which of the following is listed as a subsidiary of EchoStar Corporation?
Answer: Sling TV
Explanation: Sling TV is listed as one of the subsidiaries operating under EchoStar Corporation.
Which of the following is NOT listed as a subsidiary of EchoStar Corporation in the provided information?
Answer: DirecTV
Explanation: While Dish Network, Boost Mobile, and Hughes Network Systems are listed as subsidiaries of EchoStar Corporation, DirecTV is not.
What is the official website address for EchoStar Corporation?
Answer: echostar.com
Explanation: The official website for EchoStar Corporation is accessible at echostar.com.
In 2024, EchoStar Corporation was ranked number 342 on the Fortune 500 list.
Answer: False
Explanation: The Fortune 500 ranking for EchoStar Corporation in 2024 was number 242, not 342.
In 2024, EchoStar reported total assets of approximately US$60.9 billion and total equity of US$20.2 billion.
Answer: True
Explanation: As of 2024, EchoStar's financial reports indicated total assets valued at approximately US$60.9 billion and total equity of US$20.2 billion.
EchoStar Corporation reported a net income of -US$119 million in fiscal year 2024.
Answer: False
Explanation: In fiscal year 2024, EchoStar Corporation reported a net income of -US$119 million, indicating a loss, not a positive income.
The ticker symbol for EchoStar Corporation's Class A shares on Nasdaq is ECHO.
Answer: False
Explanation: EchoStar Corporation's Class A shares are traded on the Nasdaq stock exchange under the ticker symbol SATS, not ECHO.
EchoStar's inclusion in the S&P 400 signifies its membership in the S&P MidCap 400 index.
Answer: True
Explanation: The S&P 400 is also known as the S&P MidCap 400 index, and EchoStar's inclusion indicates its status as a mid-capitalization company within that benchmark.
How was EchoStar Corporation ranked on the Fortune 500 list in 2024?
Answer: Number 242
Explanation: In 2024, EchoStar Corporation achieved the rank of number 242 on the Fortune 500 list.
What were EchoStar's total assets reported as of 2024?
Answer: US$60.9 billion
Explanation: As of 2024, EchoStar reported total assets amounting to approximately US$60.9 billion.
What was EchoStar's net income in the fiscal year 2024?
Answer: A loss of US$119 million
Explanation: In the fiscal year 2024, EchoStar reported a net income of -US$119 million, indicating a loss.
What is the Nasdaq ticker symbol for EchoStar Corporation's Class A shares?
Answer: SATS
Explanation: The Nasdaq ticker symbol for EchoStar Corporation's Class A shares is SATS.
What financial metric for EchoStar in 2024 showed a negative value?
Answer: Operating Income
Explanation: EchoStar Corporation reported a negative operating income of -US$304 million in fiscal year 2024.
EchoStar's inclusion in the S&P 400 is significant because it indicates its membership in which index?
Answer: S&P MidCap 400
Explanation: EchoStar's inclusion in the S&P 400 signifies its membership in the S&P MidCap 400 index, a widely recognized benchmark for mid-capitalization U.S. stocks.
In May 2024, EchoStar was contracted by the U.S. Navy to supply 5G smart devices and related services.
Answer: True
Explanation: EchoStar announced in May 2024 that it had secured a contract with the U.S. Navy for the provision of 5G smart devices and associated services.
In September 2024, EchoStar proposed divesting its video distribution unit, Dish Network, to DirecTV, structured as a debt exchange with a nominal cash payment.
Answer: False
Explanation: The proposed September 2024 deal involved EchoStar divesting Dish Network to DirecTV, but it was structured as a debt exchange, not primarily for cash, with DirecTV assuming approximately $9.8 billion in debt and a nominal $1 payment.
DirecTV terminated the proposed acquisition of Dish Network in November 2024 due to opposition from EchoStar executives.
Answer: False
Explanation: DirecTV terminated the proposed acquisition in November 2024, reportedly due to opposition from EchoStar bondholders regarding the deal terms, not from EchoStar executives.
Reports in June 2025 indicated EchoStar was preparing to file for Chapter 11 bankruptcy, citing missed interest payments and a failed acquisition deal.
Answer: True
Explanation: In June 2025, reports emerged suggesting EchoStar was preparing for a Chapter 11 bankruptcy filing, attributed to factors including missed interest payments and the prior termination of a significant acquisition agreement.
The FCC probe involving EchoStar concerns its compliance with deployment obligations for its 4G spectrum licenses.
Answer: False
Explanation: The FCC probe concerning EchoStar pertains to compliance with deployment obligations for its 5G spectrum licenses, not 4G.
In August 2025, AT&T announced a US$23 billion agreement to acquire spectrum licenses from EchoStar.
Answer: True
Explanation: AT&T announced in August 2025 its intention to acquire spectrum licenses from EchoStar for a reported value of US$23 billion.
EchoStar believed that completing spectrum deals with AT&T and SpaceX would effectively resolve the FCC's inquiries regarding its spectrum holdings.
Answer: True
Explanation: EchoStar expressed confidence that the finalization of spectrum license agreements with AT&T and SpaceX would serve to resolve the ongoing inquiries from the FCC concerning its spectrum assets.
In May 2024, EchoStar announced a contract with the U.S. Navy related to which technology?
Answer: 5G smart devices and related services.
Explanation: The contract awarded to EchoStar by the U.S. Navy in May 2024 involved the supply of 5G smart devices and related services.
The proposed September 2024 deal involved EchoStar divesting its video distribution unit, Dish Network, to DirecTV. How was the transaction structured?
Answer: It was a debt exchange where DirecTV assumed debt and paid $1.
Explanation: The proposed transaction structured the divestiture of Dish Network to DirecTV as a debt exchange, where DirecTV assumed approximately $9.8 billion in debt and made a nominal payment of $1.
Why did DirecTV terminate the proposed acquisition of Dish Network in November 2024?
Answer: Due to opposition from EchoStar bondholders regarding the deal terms.
Explanation: DirecTV terminated the proposed acquisition in November 2024, citing opposition from EchoStar bondholders concerning the terms of the deal.
What financial issue was reported regarding EchoStar in June 2025, potentially leading to bankruptcy proceedings?
Answer: Failure to make over $500 million in interest payments.
Explanation: In June 2025, reports indicated EchoStar was preparing for bankruptcy, partly due to its failure to make over $500 million in interest payments.
What is the focus of the FCC probe involving EchoStar Corporation?
Answer: Compliance with required 5G deployment obligations for spectrum licenses.
Explanation: The FCC probe concerning EchoStar centers on its compliance with the deployment obligations associated with its 5G spectrum licenses.
In August 2025, AT&T announced a significant deal with EchoStar. What was the nature of this deal?
Answer: Purchase of spectrum licenses from EchoStar for $23 billion.
Explanation: The significant deal announced by AT&T with EchoStar in August 2025 involved the purchase of spectrum licenses from EchoStar for US$23 billion.
EchoStar expressed confidence that completing spectrum license deals with AT&T and SpaceX would achieve what outcome?
Answer: Effectively resolve the ongoing FCC inquiries.
Explanation: EchoStar believed that the finalization of spectrum license deals with AT&T and SpaceX would serve to effectively resolve the ongoing inquiries from the FCC.
What significant spectrum license deals did EchoStar announce in August and September 2025?
Answer: Deals with AT&T and SpaceX.
Explanation: In August and September 2025, EchoStar announced significant spectrum license deals with AT&T and SpaceX, respectively.
What was the approximate value of the debt assumed by DirecTV in the proposed September 2024 deal for Dish Network?
Answer: $9.8 billion
Explanation: In the proposed September 2024 deal, DirecTV was set to assume approximately $9.8 billion in debt related to Dish Network.