Las Vegas Sun

April 18, 2024

Satellite TV deal called off

DETROIT -- Hughes Electronics Corp. and EchoStar Communications Corp. today terminated their proposed merger of the nation's two biggest satellite television operations.

The government had taken steps to block the deal, and the companies said they called it off because it couldn't be completed within the time allowed.

El Segundo, Calif-based Hughes owns DirecTV, while EchoStar runs the Dish Network. The planned merger would have created a single powerhouse satellite TV service with 18 million subscribers.

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