Added to YB: 2025-08-29
Pitch date: 2025-08-27
SATS [bullish]
EchoStar Corporation
+118.77%
current return
Author Info
No bio for this author
Company Info
EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East.
Market Cap
$38.6B
Pitch Price
$58.71
Price Target
140.00 (+9%)
Dividend
N/A
EV/EBITDA
30.29
P/E
-2.66
EV/Sales
4.48
Sector
Media
Category
special_situation
Call Me Cashmael: Capital Ergen Harpoons $23B ($SATS)
SATS (update): Sold 600MHz+3.45GHz spectrum for $23B to AT&T ($5B above author's valuation). Remaining portfolio worth ~$41B. Full liquidation scenario: $140/share vs $52 current. DOJ approval risk given 'fourth network' ideology. Boost becomes hybrid MNO. Risk: Ergen may self-fund $5B satellite venture vs partnering. T-Mobile+SpaceX reportedly interested in remaining assets.
Read full article (9 min)