EchoStar/Dish raises doubts about ‘ability to continue as a going concern’
The financial situation at EchoStar/Dish Network looks dim, as the newly combined entity issued an ominous warning via this SEC filing that raises “substantial doubt” that the company can continue as a going concern. EchoStar and Dish merged last year, combining Dish’s satellite, streaming, retail wireless business and emerging 5G network with EchoStar’s satellite-focused business. The move was […]