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American Focus > Blog > Economy > EchoStar prepares potential bankruptcy filing amid FCC review, WSJ reports
Economy

EchoStar prepares potential bankruptcy filing amid FCC review, WSJ reports

Last updated: June 7, 2025 10:55 pm
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EchoStar prepares potential bankruptcy filing amid FCC review, WSJ reports
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EchoStar, a telecommunications services firm, is reportedly considering a Chapter 11 bankruptcy filing in order to protect its wireless spectrum licenses from potential revocation by federal regulators. The Wall Street Journal reported on Friday, citing sources familiar with the matter.

The company has not yet commented on the report. However, last month, the Federal Communications Commission (FCC) notified EchoStar that it was investigating the company’s compliance with certain federal obligations related to providing 5G service in the U.S. The FCC raised concerns about EchoStar’s buildout extension and mobile-satellite service.

These actions by the FCC have had a significant impact on EchoStar’s ability to make strategic decisions regarding the growth and investment of its Boost Mobile business. In a regulatory filing last month, the company highlighted that the FCC’s review has severely limited its options.

EchoStar has also revealed that it missed approximately $500 million in interest payments, citing the uncertainty surrounding the ongoing FCC investigation. This financial strain has put further pressure on the company’s operations.

In addition, U.S. satellite TV provider DirecTV terminated its agreement to acquire EchoStar’s satellite television business, including rival Dish TV, last year. This decision came after a failed debt-exchange offer, further complicating EchoStar’s financial situation.

The potential Chapter 11 bankruptcy filing is seen as a strategic move by EchoStar to protect its valuable wireless spectrum licenses and navigate the challenges posed by the FCC investigation. The company is likely exploring all options to secure its future in the telecommunications industry.

This article was reported by Harshita Mary Varghese and Devika Nair in Bengaluru and edited by Alan Barona.

See also  Week in Review: Ā Meta reveals its Oakley smart glasses
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