EchoStar Corporation, together with its subsidiaries, engages in the design, development, and distribution of digital set-top boxes and related products.
The company’s EchoStar Technologies segment designs, develops, and distributes digital set-top boxes and related products and technology, including Slingbox placeshifting technology primarily for satellite television (TV) service providers, and telecommunication and cable companies that allow consumers to watch and control their home digital video and audio content through a broadband Internet connection; and Slingboxes for consumers through retail outlets.
This segment also provides digital broadcast operations comprising satellite plinking/downlinking, transmission services, signal processing, conditional access management, and other services primarily to DISH Network.
Its EchoStar Satellite Services segment offers capacity leasing on a full-time and occasional-use basis primarily to DISH Network, as well as to Dish Mexico, the U.S. government service providers, state agencies, Internet service providers, broadcast news organizations, programmers, and private enterprise customers through its 10 owned and leased in-orbit satellites and related Federal Communications Commission licenses.
The company’s Hughes segment provides satellite broadband Internet access to consumers in North America; broadband network services and systems to the domestic and international enterprise markets; managed services and equipment to enterprises; turnkey satellite ground segment systems to mobile system operators; and microwave radio network systems for cellular backhaul and broadband wireless access.
It has operations in North America, Asia, Africa, Australia, Europe, South America, and the Middle East. EchoStar Corporation was founded in 2007 and is headquartered in Englewood, Colorado.
Please keep (SATS ) Echo Star Holding Corp. on your watch list for a breakout in price between $28.05 to $28.10 on heavier than average daily trading volume of 245,680.
As this week in the trading came to an end in the stock market (SATS) Echo Star Holding Corp. ended the week trading at $27.57 up +0.42 or +1.55% on lighter than average weekly trading volume of 748,921. The average weekly trading volume for (SATS) Echo Star Holding Corp. is 1.27 million.
Please note that this is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
*** Please have a close look at the charts listed below ****