EchoStar Corporation is a diversified telecommunications and media company that delivers satellite television, retail wireless, and broadband services. The company operates through three primary segments: Pay-TV, Retail Wireless, and Broadband and Satellite Services. The Pay-TV segment, which generates the majority of the company's revenue (approximately 67.5% in 2024), provides direct broadcast satellite television through DISH TV and live-linear streaming through Sling TV. The Retail Wireless segment operates under the Boost Mobile brand, offering prepaid and postpaid mobile services across the United States while the company builds out its own nationwide 5G Open RAN network. The Broadband and Satellite Services segment, anchored by Hughes Network Systems, provides satellite internet to rural and underserved consumers via HughesNet, as well as managed network solutions for enterprise, aeronautical, and government clients. EchoStar's strategic focus involves leveraging its extensive portfolio of wireless spectrum licenses to transition from a traditional satellite TV provider into a major facilities-based 5G wireless carrier, navigating secular headwinds in its legacy Pay-TV business while monetizing its spectrum assets.
