DISH Network Closes DBSD and
TerreStar Acquisitions
Mar 12, 2012
DISH Network Corporation (NASDAQ:
DISH) has closed its acquisitions of the
reorganized DBSD North America, Inc., and
substantially all of the assets of TerreStar
Networks, Inc. DISH has invested more than $3
billion to secure the licenses for this 40 MHz of
nationwide 2 GHz wireless spectrum. DISH looks
forward to working with the FCC on its forthcoming
Notice of Proposed Rulemaking (NPRM) and remains
committed to using this spectrum to help the
Administration and the FCC solve the nation's
spectrum crunch. In parallel, DISH will initiate
efforts to enhance the performance and capabilities
of handsets that utilize the terrestrial and
satellite links while exploring its options for a
broader market entry.