DISH Network Corporation (commonly shortened to Dish, itself being an acronym for "Digital Sky Highway") is an American television provider and the owner of the direct-broadcast satellite provider Dish, commonly known as Dish Network, and the over-the-top IPTV service, Sling TV. Additionally, Dish offers mobile wireless service, Dish Wireless. On July 1, 2020, Dish acquired prepaid service Boost Mobile and added postpaid service Boost Infinite on December 7, 2022. Based in unincorporated Douglas County, Colorado, the company has approximately 16,000 employees.
History
In January 2008, EchoStar Communications Corporation, which was founded by Charlie Ergen as a satellite television equipment distributor in 1980, changed its name to DISH Network Corporation and spun off its technology arm as a new company named EchoStar Corporation. The company had begun using DISH Network as its consumer brand in 1996, after the launch of its first satellite, EchoStar I, in December 1995. That launch marked the beginning of its subscription television services.
Joseph Clayton became president and chief executive officer of the company in June 2011, while Charlie Ergen remained chairman. Clayton remained in the position until March 31, 2015, when he retired, leaving Ergen to resume the post. Ergen has said diversifying and updating technology for the company will be a high priority, with an expectation that, over the coming decade, the company will provide internet, video, and telephone service for both home and mobile applications. In December 2017, DISH Network announced that Ergen would step down and be replaced by Erik Carlson.
, the company provided services to 13.7 million television and 580,000 broadband subscribers.
Founding and early growth
Dish Network began operations on March 4, 1996, as a service of EchoStar. EchoStar was formed in 1980 by its chairman and chief executive officer, Charlie Ergen, along with colleagues Candy Ergen and Jim DeFranco, as a distributor of C-band satellite television systems. In 1987, EchoStar applied for a direct-broadcast satellite broadcast license with the FCC and was granted access to orbital slot 119° west longitude in 1992.
On December 7, 2007, EchoStar announced it would spin off its technology and infrastructure assets into a separate company under the EchoStar name, after which the remainder of the company would be renamed DISH Network Corporation. The spun-off EchoStar began trading on January 3, 2008.
Acquisitions and expansion
In 2011, Dish Network spent over $3 billion in acquisitions of companies in bankruptcy, which The Motley Fool's Anders Bylund described as "a veritable buying rampage in the bargain bin." This includes the April 6, 2011, purchase of Blockbuster Inc. in a bankruptcy auction in New York, agreeing to pay $322 million in cash and assume $87 million in liabilities and other obligations for the nationwide video-rental company. DISH Network also acquired the defunct companies DBSD and Terrestar. Dish Network also made a bid to purchase Hulu in October 2011, but Hulu's owners chose not to sell the company. There was also speculation that DISH Network might purchase Sprint Nextel or Clearwire. In 2013, Dish made a bid for both companies. CEO Charles Ergen plans on adding wireless internet and mobile video services that can compete with Netflix and cable companies. About the new markets, Ergen said, "Given the assets we've been accumulating, I don't think it's hard to see we're moving in a different direction from simply pay-TV, which is a market that's becoming increasingly saturated."
Dish Network put its Blockbuster acquisition to work by making available Dish Movie Pack for Dish Network subscribers and Sling TV for non-Dish Network subscribers. Blockbuster also has agreements that allow it to receive movies 28 days before Netflix and Redbox which could encourage customers to use these services.
Dish Network also plans on offering high-speed internet. The company plans a hybrid satellite/terrestrial mobile broadband service. In 2011, it petitioned the FCC to combine the S-Band spectrum it acquired from DBSD and Terrestar, and combine this spectrum with LTE. Unlike LightSquared, Dish's spectrum has minimal risk of disrupting Global Positioning Systems.
At the 2012 Consumer Electronics Show, Dish Network announced a corporate rebranding, under which the company would publicly refer to itself as just "Dish" rather than "Dish Network".