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Asked directly by one about the company’s strategy if it “doesn’t or shouldn’t file for bankruptcy,” Akhavan said, “Our recipe is very simple, candidly. Can we push the maturities out … so that we have enough cash to operate the business? We’re very bullish about our prospects for operating the business if we have the capital to execute that. While we’re working on that financing, we aren’t sitting on our hands.” ------- Run away from this dumpster fire. -
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For those who did not look, this could result in significant gains of BR & ED (n41), PCS(n25), AWS, and 600(n71) and 700Mhz for T-Mobile in many areas, including areas without US Cellular coverage. The rural stores and staff could also be valuable to T-Mobile. Verizon or AT&T could get B5, C-Band, CBRS, 3.45, and mmWave -
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https://deadline.com/2024/05/dish-network-echostar-bankruptcy-risk-directv-merger-q1-earnings-1235908831/ Charlie Ergen now avoiding quarterly sessions
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