EchoStar is skipping interest payments even as it commissions a new Dish TV satellite — citing “uncertainty” caused by a Federal Communications Commission (FCC) probe.
It’s potentially setting itself up for bankruptcy protection
While those payments are on hold, EchoStar, which Dish Network rejoined last year, is still investing in its TV business. It commissioned a new communications satellite for television, Maxar Space Systems announced yesterday. The satellite, EchoStar XXVI, is…