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Dish Network owner purchased Rainbow 1 satellite

» Dish Network owner purchased Rainbow 1 satellite
Filed under:   Posted By: Tomas @ 1:17 pm

DISH Network TV News
EchoStar Communications Corporation, the company operating The Dish Network ™, came to an agreement with Rainbow DBS Co., a subsidiary of Cablevision Systems Corporation, to purchase Rainbow 1, a direct broadcast satellite (DBS). The satellite has 13 frequencies, the agreement includes rights to 11 of them, and cost the EchoStar Communications $200 million.

EchoStar is now carrying on the audits to determine how to put its new satellite asset to the best service of its over 10.4 million satellite TV subscribers. Rainbow satellite’s flexibility will be used to enhance some of the existing Dish Network’s services (which at the moment include hundreds of video and audio channels, interactive TV and HDTV).

The transaction is still a subject to review by the governmental regulatory agencies. EchoStar Corporation is a Satellite Equipment leader for almost a quarter of a century and continues to bring new services to its customers worldwide. Hopefully they will be able to make the best of this purchase to the benefit of all the Dish Network subscribers.


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