Tag - DBSD
The FCC in an Open Commission Meeting Wednesday morning unanimously voted to pursue possibilities for significantly improving 4G's use in the US. It would verify whether there would be any adverse effect to making the 700MHz A, B, and C blocks of spectrum interoperable, letting one roam on the other. Agency officials would want outside input on what the rules would be if there were little to no interference, as well as whether any interference might be cut back.
Dish Network has now completed its court-approved purchases of satellite operators TerreStar and DBSD. The satellite TV provider plans to use the operators' wireless licenses to offer 4G cellular access and thus compete with cable TV and phone companies. This would be a first for a satellite provider, as they can't provide Internet access to many homes and when they can, the speeds aren't as fast as those offered by cable providers.
A US Bankruptcy Court in NY has approved Dish Network's proposed purchase of TerreStar. The deal has been valued at $1.38 billion. The main asset that Dish will be getting is the bankrupt satellite communications provider's 20MHz of wireless spectrum.
Dish Network has announced that it will attempt to acquire DBSD North America, a satellite communications company that has been involved in ongoing Chapter 11 bankruptcy proceedings. The deal will reportedly cost approximately $1 billion, including an $87.5 million commitment as a debtor-in-possession credit facility to help bring the company out of bankruptcy protection ahead of the formal purchase.