Dish Network and EchoStar merging to expand telecom empire

Charlie Ergen is consolidating his telecommunications empire, merging Dish Network and EchoStar, his satellite and broadband services in an all-stock …
Dish Network and EchoStar merging to expand telecom empire

Charlie Ergen is consolidating his telecommunications empire, merging Dish Network and EchoStar, his satellite and broadband services in an all-stock deal, reports CNBC. The deal is reuniting two businesses that have been separate for about 15 years, after Ergen took EchoStar out of Dish Network in 2008. Echostar was founded in 1980, selling satellite dishes before launching its subscription satellite service in 1995. 

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