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DISH Completes Acquisition of DBS and OTT Assets from EchoStar

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- DISH Network Corporation announced the consummation on February 28, 2017 of the agreement executed in January with EchoStar Corporation that will transfer certain EchoStar assets and operations, including its EchoStar Technologies hardware and software development group, its national and regional uplink business, its managed fiber backhaul network serving all U.S. DMAs and its OTT development group to DISH in exchange for DISH's 80 percent economic interest in Hughes Retail Group held in the form of a tracking stock.

About DISH

DISH Network Corp. (NASDAQ:DISH), through its subsidiaries, provides approximately 13.671 million pay-TV subscribers, as of Dec. 31, 2016, with the highest-quality programming and technology with the most choices at the best value. DISH offers a high definition line-up with more than 200 national HD channels, the most international channels and award-winning HD and DVR technology. DISH Network Corporation is a Fortune 200 company. Visit www.dish.com.

DISH Network Corporation
Bob Toevs, 303-723-2010
bob.toevs@dish.com

Source: DISH Network Corporation

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