0001558370-24-015673 | 10-Q | XBRL Viewer

Debt and Finance Lease Obligations

9 Months Ended

Sep. 30, 2024

8.Debt and Finance Lease Obligations

Fair Value of our Debt

The following table summarizes the carrying amount and fair value of our debt facilities as of September 30, 2024 and December 31, 2023:


		As of
		September 30, 2024				December 31, 2023
	Issuer	Carrying Amount		Fair Value		Carrying Amount		Fair Value

		(In thousands)
Current:
2 3/8% Convertible Notes due 2024 (1)	DISH	$	—	$	—	$	951,168	$	944,034
5 7/8% Senior Notes due 2024	DDBS		1,982,544		1,978,559		1,982,544		1,872,275
Term Loan due 2025 (2)	DBS SubscriberCo		500,000		500,000		—		—
Long-Term:
0% Convertible Notes due 2025	DISH		1,957,197		1,702,761		1,957,197		1,228,141
7 3/4% Senior Notes due 2026	DDBS		2,000,000		1,718,660		2,000,000		1,388,060
3 3/8% Convertible Notes due 2026	DISH		2,908,799		2,367,035		2,908,801		1,570,753
5 1/4% Senior Secured Notes due 2026	DDBS		2,750,000		2,536,875		2,750,000		2,366,073
11 3/4% Senior Secured Notes due 2027	DISH		3,500,000		3,683,750		3,500,000		3,668,980
7 3/8% Senior Notes due 2028	DDBS		1,000,000		729,150		1,000,000		600,160
5 3/4% Senior Secured Notes due 2028	DDBS		2,500,000		2,200,000		2,500,000		2,013,125
5 1/8% Senior Notes due 2029	DDBS		1,500,000		981,000		1,500,000		774,600
Term Loan due 2029 (2)	DBS SubscriberCo		1,800,000		1,800,000		—		—
Mandatorily Redeemable Preferred Shares due 2029 (2) (3)	DBS SubscriberCo		200,000		200,000		—		—
DISH 2021 Intercompany Loan 2026 Tranche (4)	Intercompany		4,767,289		4,767,289		—		—
Subtotal			27,365,829		25,165,079		21,049,710		16,426,201
Other notes payable			63,297		63,297		113,564		113,564
Unamortized deferred financing costs and other debt discounts, net			(189,909)		—		(67,215)		—
Finance lease obligations (5)			74,009		—		123,658		—
Total long-term debt, finance lease and other obligations (including current portion)		$	27,313,226	$	25,228,376	$	21,219,717	$	16,539,765

(1)	We repurchased or redeemed the principal balance of our 2 3/8% Convertible Notes due 2024 as of March 15, 2024, the instrument’s maturity date.

(2)	See “New DISH DBS Financing” below for further information.

(3)	Due to the mandatory redemption feature of this instrument, it is considered a debt instrument.

(4)

In January 2024, DISH DBS assigned the DISH 2021 Intercompany Loan 2026 Tranche of $4.7 billion to EchoStar Intercompany Receivable Company L.L.C., our parent, EchoStar’s, direct wholly-owned subsidiary, such that amounts owed in respect of the DISH 2021 Intercompany Loan 2026 Tranche will now be paid by us to EchoStar Intercompany Receivable L.L.C. The DISH 2021 Intercompany Loan 2026 Tranche was previously eliminated in consolidation and held by DISH DBS. The DISH 2021 Intercompany Loan 2026 Tranche is not publicly traded and therefore the carrying value is the fair value.

(5)	Disclosure regarding fair value of finance leases is not required.

We estimated the fair value of our publicly traded long-term debt using market prices in less active markets (Level 2).

Recent Transactions

DISH DBS Exchange Offers

On September 30, 2024, we announced DISH DBS, our wholly-owned, indirect subsidiary, commenced offers to exchange (the “DISH DBS Exchange Offers”) any and all of its: (a) 5 1/4% Senior Secured Notes due 2026 (the “Outstanding 2026 DBS Secured Notes”) for an equal principal amount of its new 5 1/4% First Lien Notes due 2026 (the “New 2026 DBS First Lien Notes”), (b) 5 3/4% Senior Secured Notes due 2028 (the “Outstanding 2028 DBS Secured Notes”) for an equal principal amount of its new 5 3/4% First Lien Notes due 2028 (the “New 2028 DBS First Lien Notes”), (c) 7 3/4% Senior Notes due 2026 (the “Outstanding 2026 DBS Notes”) for an equal principal amount of its new 7 3/4% Second Lien Notes due 2026 (the “New 2026 DBS Second Lien Notes”), (d) 7 3/8% Senior Notes due 2028 (the “Outstanding 2028 DBS Notes”) for an equal principal amount of its new 7 3/8% Second Lien Notes due 2028 (the “New 2028 DBS Second Lien Notes”) and (e) 5 1/8% Senior Notes due 2029 (the “Outstanding 2029 DBS Notes” and, together with the Outstanding 2026 DBS Secured Notes, the Outstanding 2028 DBS Secured Notes, the Outstanding 2026 DBS Notes and the Outstanding 2028 DBS Notes, the “Outstanding DBS Notes”) for an equal principal amount of its new 5 1/8% Second Lien Notes due 2029 (the “New 2029 DBS Second Lien Notes” and, together with the New 2026 DBS First Lien Notes, the New 2028 DBS First Lien Notes, the New 2026 DBS Second Lien Notes and the New 2028 DBS Second Lien Notes, the “New DBS Notes”), in each case, pursuant to the terms described in a confidential exchange offering memorandum and consent solicitation statement, dated September 30, 2024 (“Original Exchange Offering Memorandum”). On October 28, 2024, we announced DISH DBS, our wholly-owned, indirect subsidiary, amended certain terms of the DISH DBS Exchange Offers pursuant to the terms described in Supplement No. 1, dated October 28, 2024 (the “Supplement” and together with the Original Exchange Offering Memorandum, the “Exchange Offering Memorandum”).

The DISH DBS Exchange Offers expired at 5:00 p.m., New York City time on November 12, 2024, and the DISH DBS Exchange Offers have been terminated due to the failure to satisfy the Minimum Series Exchange Condition and the Acquisition Consent Threshold Condition, each as defined in the Exchange Offering Memorandum.

New DISH DBS Financing

On September 29, 2024 (the “Financing Closing Date”), we and our subsidiary, DISH DBS Issuer LLC (“DBS SubscriberCo”), received $2.5 billion in financing from TPG Angelo Gordon and other co-lenders in the form of Term Loans and Mandatorily Redeemable Preferred Shares (each as defined below and together, the “New DISH DBS Financing”). Approximately $2.047 billion in proceeds received from the New DISH DBS Financing are included in “Current restricted cash and cash equivalents” on our Condensed Consolidated Balance Sheets and are required to be used for the redemption, repayment or repurchase of the principal balance and remaining interest outstanding on our 5 7/8% Senior Notes due November 15, 2024. If the DISH DBS Exchange Offers and the DIRECTV Transaction fails, the $2.5 billion in New DISH DBS Financing can be redeemed at our election with no prepayment penalty for 180 days.

Term Loans

On the Financing Closing Date, DBS SubscriberCo, Alter Domus (US) LLC, as Administrative Agent, and the lenders party thereto, entered into a Loan and Security Agreement (together with all the exhibits, annexes and schedules thereto, the “Loan and Security Agreement”), pursuant to which, among other things and subject to the terms and conditions set forth therein, the lenders agreed to extend credit to DBS SubscriberCo in an aggregate principal amount of up to $2.3 billion secured by the assets of DBS SubscriberCo, which includes approximately three million DISH TV subscribers and their related subscription and equipment agreements (such transactions, the “Loan Financing”).

The Loan Financing consists of the following: (i) initial term loans in an aggregate principal amount of $1.8 billion that mature on June 30, 2029 (the “Term Loan due 2029”), (ii) incremental term loans in an aggregate principal amount of $500 million that are payable in equal monthly installments beginning in January 2025 and mature on September 30, 2025 (the “Term Loan due 2025”) and (iii) an additional amount of incremental term loans (the “Roll-up Incremental Term Loans” and, together with the Term Loan due 2029 and the Term Loan due 2025, the “Term Loans”). The Roll-up Incremental Term Loans may be incurred from time to time, subject to DBS SubscriberCo’s prior approval and pro forma compliance with a leverage ratio set forth in the Loan and Security Agreement, and mature on June 30, 2029.

The Roll-up Incremental Term Loans may be incurred in exchange for Outstanding DBS Notes in an aggregate principal amount equal to (i) the price at which certain lenders acquire such notes plus (ii)(A) in the case of Outstanding 2028 DBS Notes and Outstanding 2029 DBS Notes, 15% of the difference between the aggregate principal amount of such notes and the purchase price thereof, or (B) in the case of Outstanding 2026 DBS Notes, Outstanding 2026 DBS Secured Notes and Outstanding 2028 DBS Secured Notes, 20% of the difference between the aggregate principal amount of such notes and the purchase price thereof.

Interest on the Term Loans accrues and is payable monthly, generally in cash. The interest rate with respect to the Term Loan due 2029 is (i) from (and including) the Financing Closing Date and until (but excluding) the date that is twelve months thereafter, 10.75% per annum and (ii) from (and including) the date that is twelve months after the Financing Closing Date and until June 30, 2029, 11.25% per annum. The interest rate with respect to the Term Loan Due 2025 is 11.00% per annum. The interest rate with respect to the Roll-up Incremental Term Loans is (i) from (and including) the Financing Closing Date and until (but excluding) the date that is twelve months thereafter, 11.00% per annum and (ii) from (and including) the date that is twelve months after the Financing Closing Date and until the Maturity Date, 11.50% per annum.

The Loan and Security Agreement specifies a priority of payments for funds received by DBS SubscriberCo from subscriber payments and certain other revenue. Specifically, on each Transfer Date, as defined in the Loan and Security Agreement, payments will be made, as applicable, to the Administrative Agent for certain administrative and other fees, to DBS SubscriberCo for reimbursement of certain operating costs, to a subsidiary of DISH Network as Manager under the Loan and Security Agreement and as Servicer for DBS SubscriberCo, and to an account used to collect and remit interest on the Term Loans, preferred distributions with respect to Preferred Membership interests (as defined below), and monthly principal payments on the Term Loan due 2025. After remitting those payments, through September 30, 2025, if DBS SubscriberCo is in compliance with the terms of the Loan and Security Agreement, it will have the ability to accumulate any excess collections, subject to the terms of the Loan and Security Agreement. At its election, any such excess collections can be distributed by DBS SubscriberCo to its parent via an intercompany loan. No later than September 30, 2025, all excess collections will be used to fund the payment of the Term Loans, the Mandatorily Redeemable Preferred Shares and the associated interest and preferred distributions. If DBS SubscriberCo is not in compliance with its covenants, the entity will lose the ability to accumulate any excess collections with those proceeds being utilized to satisfy the debt obligation and associated interest.

Mandatorily Redeemable Preferred Shares Due 2029

On the Financing Closing Date, DBS SubscriberCo, entered into an amended and restated limited liability company agreement (the “SubscriberCo LLCA”), pursuant to which, among other things, DBS SubscriberCo issued to certain investors (the “Preferred Members”) redeemable preferred equity interests (the “Preferred Membership Interests”) with an aggregate liquidation preference of $200 million (the “Mandatorily Redeemable Preferred Shares”). The Mandatorily Redeemable Preferred Shares mature on June 30, 2029. Due to the mandatory redemption feature of this instrument, it is considered a debt instrument and recorded in “Long-term debt, finance lease and other obligations, net of current portion” on our Condensed Consolidated Balance Sheets.

The Preferred Membership Interests have a preferential cumulative return that accumulates daily in arrears at a rate of (a) from (and including) the Financing Closing Date and until (but excluding) the date that is 12 months thereafter, 13.25% per annum and (b) from (and including) the date that is 12 months after the Financing Closing Date and until June 30, 2029 (or the first business day thereafter), 13.75% per annum, payable in cash monthly and a liquidation preference equal to the issue price plus all accrued and unpaid dividends.

The Preferred Membership Interests are redeemable at DBS SubscriberCo’s option prior to the June 30, 2029 maturity date at a premium as described in the SubscriberCo LLCA. Upon the maturity date, DBS SubscriberCo is required to redeem all of the Preferred Membership Interests issued and outstanding at such time, and upon payment in full of the aggregate liquidation preference, all rights of the Preferred Members will terminate. The Preferred Members also have certain governance and economic rights set forth in the SubscriberCo LLCA.

Convertible Notes

See Note 13 for update and details of the EchoStar Exchange Offers.

0% Convertible Notes due 2025

On December 21, 2020, we issued $2.0 billion aggregate principal amount of the Convertible Notes due December 15, 2025 in a private placement. These notes will not bear interest, and the principal amount of the Notes will not accrete.

The Convertible Notes due 2025 are:

●

our general unsecured obligations;

●

ranked senior in right of payment to any future indebtedness that is expressly subordinated in right of payment to the Convertible Notes due 2025;

●

ranked equally in right of payment with all of our existing and future unsecured senior indebtedness;

●

ranked effectively junior to any of our existing and future secured indebtedness to the extent of the value of the assets securing such indebtedness;

●

ranked structurally junior to all indebtedness and other liabilities of our subsidiaries; and

●

not guaranteed by our subsidiaries.

We may not redeem the Convertible Notes due 2025 prior to the maturity date. If a “fundamental change” (as defined in the related indenture) occurs prior to the maturity date of the Convertible Notes due 2025, holders may require us to repurchase for cash all or part of their Convertible Notes due 2025 at a repurchase price equal to 100% of the principal amount of such Convertible Notes due 2025, plus accrued and unpaid interest to, but not including, the fundamental change repurchase date.

The indenture related to the Convertible Notes due 2025 does not contain any financial covenants and does not restrict us from paying dividends, issuing or repurchasing our other securities, issuing new debt (including secured debt) or repaying or repurchasing our debt.

Subject to the terms of the related indenture, the Convertible Notes due 2025 may be converted at an initial conversion rate of 8.566 shares of EchoStar’s Class A common stock per $1,000 principal amount of the Convertible Notes due 2025 (equivalent to an initial conversion price of approximately $116.74 per share of EchoStar’s Class A common stock) (the “Initial Conversion Rate”), at any time on or after July 15, 2025 through the second scheduled trading day preceding the maturity date. Holders of the Convertible Notes due 2025 will also have the right to convert the Convertible Notes due 2025 at the Initial Conversion Rate prior to July 15, 2025, but only upon the occurrence of specified events described in the related indenture. The conversion rate is subject to anti-dilution adjustments if certain events occur. Upon any conversion, EchoStar will settle its conversion obligation in cash, shares of EchoStar’s Class A common stock or a combination of cash and shares of EchoStar’s Class A common stock, at its election.

3 3/8% Convertible Notes due 2026

On August 8, 2016, we issued $3.0 billion aggregate principal amount of the Convertible Notes due August 15, 2026 in a private offering. Interest accrues at an annual rate of 3 3/8% and is payable semi-annually in cash, in arrears on February 15 and August 15 of each year.

The Convertible Notes due 2026 are:

●

our general unsecured obligations;

●

ranked senior in right of payment to any future indebtedness that is expressly subordinated in right of payment to the Convertible Notes due 2026;

●

ranked equally in right of payment with all of our existing and future unsecured senior indebtedness;

●

ranked effectively junior to any of our existing and future secured indebtedness to the extent of the value of the assets securing such indebtedness;

●

ranked structurally junior to all indebtedness and other liabilities of our subsidiaries; and

●

not guaranteed by our subsidiaries.

We may not redeem the Convertible Notes due 2026 prior to the maturity date. If a “fundamental change” (as defined in the related indenture) occurs prior to the maturity date of the Convertible Notes due 2026, holders may require us to repurchase for cash all or part of their Convertible Notes due 2026 at a specified make-whole price equal to 100% of the principal amount of such Convertible Notes due 2026, plus accrued and unpaid interest to, but not including, the fundamental change repurchase date.

The indenture related to the Convertible Notes due 2026 does not contain any financial covenants and does not restrict us from paying dividends, issuing or repurchasing our other securities, issuing new debt (including secured debt) or repaying or repurchasing our debt.

Subject to the terms of the related indenture, the Convertible Notes due 2026 may be converted at an initial conversion rate of 5.383 shares of EchoStar’s Class A common stock per $1,000 principal amount of Convertible Notes due 2026 (equivalent to an initial conversion price of approximately $185.76 per share of EchoStar’s Class A common stock) (the “Initial Conversion Rate”), at any time on or after March 15, 2026 through the second scheduled trading day preceding the maturity date. Holders of the Convertible Notes due 2026 will also have the right to convert the Convertible Notes due 2026 at the Initial Conversion Rate prior to March 15, 2026, but only upon the occurrence of specified events described in the related indenture. The conversion rate is subject to anti-dilution adjustments if certain events occur. Upon any conversion, EchoStar will settle its conversion obligation in cash, shares of EchoStar’s Class A common stock or a combination of cash and shares of EchoStar’s Class A common stock, at its election.

Convertible Note Hedge and Warrant Transactions

Merger with EchoStar. As defined and detailed in our Annual Report on Form 10-K for the year ended December 31, 2023, in connection with the completion of the Merger, on December 31, 2023, we and EchoStar entered into a note hedge amendment letter agreement with each option counterparty pursuant to which, at the Effective Time, our right to purchase shares of DISH Class A Common Stock pursuant to the terms of the applicable convertible note hedge transactions was changed into a right to purchase shares of EchoStar Class A Common Stock.

In addition, in connection with the completion of the Merger, on December 31, 2023, we and EchoStar entered into a warrant amendment letter agreement and warrant guarantee with each option counterparty, pursuant to which, at the Effective Time, each counterparty’s right to purchase shares of DISH Network Class A Common Stock pursuant to the applicable warrant transactions was changed into a right to purchase shares of EchoStar Class A Common Stock, and EchoStar guaranteed all of our obligations under the applicable warrant transactions.

In connection with the offering of the Convertible Notes due 2026, we entered into convertible note hedge transactions with certain option counterparties. The convertible note hedge transactions cover, subject to anti-dilution adjustments substantially similar to those applicable to the Convertible Notes due 2026, the number of shares of DISH Network Class A Common Stock underlying the Convertible Notes due 2026, which initially gives us the option to purchase approximately 46 million shares of DISH Network Class A Common Stock at a price of approximately $65.18 per share, which in connection with the completion of the Merger converted into approximately 16 million shares of EchoStar Class A Common Stock at a price of approximately $185.76 per share. The total cost of the original convertible note hedge transactions was $635 million.

Concurrently with entering into the convertible note hedge transactions, we also entered into warrant transactions with each option counterparty whereby we sold to such option counterparty warrants to purchase, subject to customary anti-dilution adjustments, up to the same number of shares of DISH Network Class A common stock, which initially gives the option counterparties the option to purchase approximately 46 million shares of DISH Network Class A common stock at a price of approximately $86.08 per share, which in connection with the completion of the Merger converted into approximately 16 million shares of EchoStar Class A Common Stock at price ranges of approximately $185.75 to $245.33 per share. We received $376 million in cash proceeds from the original sale of these warrants. In accordance with accounting guidance on hedge and warrant transactions, the net cost incurred in connection with the convertible note hedge and warrant transactions are recorded as a reduction in “Additional paid-in capital” within “Stockholder’s Equity (Deficit)” on our Condensed Consolidated Balance Sheets as of December 31, 2016.

We will not be required to make any cash payments to each option counterparty or its affiliates upon the exercise of the options that are a part of the convertible note hedge transactions, but will be entitled to receive from them a number of shares of Class A common stock, an amount of cash or a combination thereof. This consideration is generally based on the amount by which the market price per share of Class A common stock, as measured under the terms of the convertible note hedge transactions, is greater than the strike price of the convertible note hedge transactions during the relevant valuation period under the convertible note hedge transactions. Additionally, if the market price per share of Class A common stock, as measured under the terms of the warrant transactions, exceeds the strike price of the warrants during the measurement period at the maturity of the warrants, we will owe each option counterparty a number of shares of Class A common stock in an amount based on the excess of such market price per share of Class A common stock over the strike price of the warrants. However, as specified under the terms of the warrant transactions, we may elect to settle the warrants in cash.

DISH 2021 Intercompany Loan

The net proceeds from the offering of our 5 1/4% Senior Secured Notes due 2026 and our 5 3/4% Senior Secured Notes due 2028 (the “Senior Notes”) issued on November 26, 2021 were used by DISH DBS to make an intercompany loan to DISH Network pursuant to a Loan and Security Agreement dated November 26, 2021 (together with potential future advances to DISH Network, the “DISH 2021 Intercompany Loan”) between DISH DBS and DISH Network in order to finance the purchase of wireless spectrum licenses and for general corporate purposes, including our 5G Network Deployment. The DISH 2021 Intercompany Loan matures in two tranches, with the first tranche maturing on December 1, 2026 (the “DISH 2021 Intercompany Loan 2026 Tranche”) and the second tranche maturing on December 1, 2028 (the “DISH 2021 Intercompany Loan 2028 Tranche”). DISH DBS may make additional advances to DISH Network under the DISH 2021 Intercompany Loan, and on February 11, 2022, DISH DBS advanced an additional $1.5 billion to DISH Network under the DISH 2021 Intercompany Loan 2026 Tranche. Interest accrues and is payable semiannually, and interest payments with respect to the DISH 2021 Intercompany Loan are, at our option, payable in kind for the first two years from the issuance date of November 2021.

In the third year post issuance date, a minimum of 50% of each interest payment due with respect to each tranche of the DISH 2021 Intercompany Loan must be paid in cash. Thereafter, interest payments must be paid in cash. Interest will accrue: (a) when paid in cash, at a fixed rate of 0.25% per annum in excess of the interest rate applicable to, in the case of the DISH 2021 Intercompany Loan 2026 Tranche, the 5 1/4% Senior Secured Notes due 2026, and in the case of the DISH 2021 Intercompany Loan 2028 Tranche, the 5 3/4% Senior Secured Notes due 2028 (each, the “Cash Accrual Rate” with respect to the applicable tranche); and (b) when paid in kind, at a rate of 0.75% per annum in excess of the Cash Accrual Rate for the applicable tranche.

As of September 30, 2024, the total DISH 2021 Intercompany Loan amount outstanding plus interest paid in kind was $7.612 billion. During the three and nine months ended September 30, 2024, interest payments for the DISH 2021 Intercompany Loan paid in cash totaled zero and $107 million, respectively.

DISH 2021 Intercompany Loan 2028 Tranche. As of September 30, 2024, the DISH 2021 Intercompany Loan 2028 Tranche amount outstanding plus interest paid in kind was $2.844 billion. During the three and nine months ended September 30, 2024, interest payments for the DISH 2021 Intercompany Loan 2028 Tranche paid in cash totaled zero and $42 million, respectively.

DISH 2021 Intercompany Loan 2026 Tranche. In January 2024, DISH DBS assigned the DISH 2021 Intercompany Loan 2026 Tranche of $4.7 billion to EchoStar Intercompany Receivable Company L.L.C., our parent, EchoStar’s, direct wholly-owned subsidiary, such that amounts owed in respect of the DISH 2021 Intercompany Loan 2026 Tranche will now be paid by us to EchoStar Intercompany Receivable L.L.C. The DISH 2021 Intercompany Loan 2026 Tranche was previously eliminated in consolidation and held by DISH DBS.

As of September 30, 2024, the total “DISH 2021 Intercompany Loan 2026 Tranche” amount outstanding plus interest paid in kind was $4.767 billion, not including “Intercompany Loan 2026 Tranche - Interest payable in cash” of $22 million recorded on our Condensed Consolidated Balance Sheets. During the three and nine months ended September 30, 2024, interest payments for the DISH 2021 Intercompany Loan 2026 Tranche paid in cash totaled zero and $65 million, respectively. During the three and nine months ended September 30, 2024, we recorded $65 million and $193 million, respectively, of “Interest expense, net of amounts capitalized” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).

The DISH 2021 Intercompany Loan is secured by Weminuche’s interest in the wireless spectrum licenses for the 3.45-3.55 GHz Licenses with such cash proceeds up to the total loan amount outstanding including interest paid in kind. Under certain circumstances, DISH Network wireless spectrum licenses (valued based upon a third-party valuation) may be substituted for the collateral. The DISH 2021 Intercompany Loan is not included as collateral for the Senior Secured Notes, and the Senior Secured Notes are subordinated to DISH DBS’s existing and certain future unsecured notes with respect to certain realizations under the DISH 2021 Intercompany Loan and any collateral pledged as security for the DISH 2021 Intercompany Loan.

Commitments and Contingencies - Wireless Spectrum Licenses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2024
Commitments and Contingencies
Period for receiving preferential international roaming rates at a reduced rate		10 years
Upfront payment			$ 95,435
Gain on sale of assets sold	$ 21,310		21,310
Liberty Puerto Rico Asset Sale losses (gains)
Commitments and Contingencies
Consideration for sale of assets	125,000		$ 125,000
Term for consideration receivable on sale of assets			3 years
Upfront payment			$ 95,000
Trade accounts payable	46,000		46,000
Gain on sale of assets sold	21,000		21,000
Liberty Agreement
Commitments and Contingencies
Consideration for sale of assets	$ 251,000		$ 251,000

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column A)(Footnote 2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column A)(Footnote 4)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column A)(Footnote 1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column A)(Footnote 2)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column A)(Footnote 2)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column A)(Footnote 4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 6))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column B)(Footnote 7))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 8))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 8)(a)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 8)(a)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 8)(a)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 8)(b)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 8)(b)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 8)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.12-12(Column C)(Footnote 10))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column D))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column A)(Footnote 1)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column A)(Footnote 1)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column A)(Footnote 3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column A)(Footnote 4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column A)(Footnote 4)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column A)(Footnote 6))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column A)(Footnote 7))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column B)(Footnote 10))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 38: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 11))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 39: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 11)(a)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 40: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 11)(a)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 41: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 11)(a)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 42: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 11)(b)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 43: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 11)(b)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 44: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 11)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 45: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 12))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 46: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C)(Footnote 13))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3

Reference 47: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 48: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 49: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column F))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 50: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 1)(a)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 51: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 1)(a)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 52: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 1)(a)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 53: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 54: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 55: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b)(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 56: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 57: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 58: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column A)(Footnote 3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 59: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column F)(Footnote 4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 60: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column F)(Footnote 5)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 61: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column F)(Footnote 7))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 62: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column F)(Footnote 8))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 63: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14(Column F)(Footnote 9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6

Reference 64: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 19
-Subparagraph (1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-19

Reference 65: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 19
-Subparagraph (3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477271/946-320-S99-19

+ Details

Summary of Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2024

Summary of Significant Accounting Policies

Basis of Presentation

The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and with the instructions to Form 10-Q and Article 10 of Regulation S-X for interim financial information. Accordingly, these statements do not include all of the information and notes required for complete financial statements prepared under GAAP. In our opinion, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Our results of operations for the interim periods presented are not necessarily indicative of the results that may be expected for the full year.

For further information, refer to the Consolidated Financial Statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2023. Certain prior period amounts have been reclassified to conform to the current period presentation.

“Cost of services.” Historically, as we built-out our 5G Network, certain direct costs related to our 5G Network Deployment, including lease expense on communication towers, transport, cloud services and other costs, were presented within “Cost of sales – equipment and other” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) as our 5G Network service had not commenced. As we have commenced utilizing our 5G Network for commercial traffic, such amounts now represent costs of operating our 5G Network and are, beginning on January 1, 2024, presented within the “Cost of services” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). The change has no impact on net income. For the three and nine months ended September 30, 2023, the direct costs related to our 5G Network Deployment included within the “Cost of sales – equipment and other” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) were $261 million and $671 million, respectively.

Principles of Consolidation

We consolidate all majority owned subsidiaries, investments in entities in which we have controlling influence and VIEs where we have been determined to be the primary beneficiary. Minority interests are recorded as noncontrolling interests or redeemable noncontrolling interests. See below for further information. Non-consolidated investments are accounted for using the equity method when we have the ability to significantly influence the operating decisions of the investee. When we do not have the ability to significantly influence the operating decisions of an investee, these equity securities are classified as either marketable investment securities or other investments, which will be initially recorded at cost, and based on observable market prices, will be adjusted to their fair value. We record fair value adjustments in “Other, net” within “Other Income (Expense)” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). All significant intercompany accounts and transactions have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform to the current period presentation.

Redeemable Noncontrolling Interests

Northstar Wireless. Northstar Wireless, L.L.C. (“Northstar Wireless”) is a wholly-owned subsidiary of Northstar Spectrum, LLC (“Northstar Spectrum”), which is an entity wholly-owned by us and, prior to October 12, 2023, by us and Northstar Manager, LLC (“NorthStar Manager”). On October 12, 2023, the FCC consented to the sale of Northstar Manager’s ownership interests in Northstar Spectrum, which we purchased for a total of approximately $109 million. This purchase resulted in the elimination of all of our redeemable noncontrolling interest as it related to Northstar Spectrum as of the purchase date and we continue to consolidate the Northstar Entities as wholly-owned subsidiaries.

SNR Wireless. SNR Wireless LicenseCo, LLC (“SNR Wireless”) is a wholly-owned subsidiary of SNR Wireless HoldCo, LLC (“SNR HoldCo”), which is an entity owned by us and our parent’s direct wholly-owned subsidiary, EchoStar SNR Holdco L.L.C. and, prior to February 16, 2024, by us and SNR Wireless Management, LLC (“SNR Management”). On February 16, 2024, the FCC consented to the sale of SNR Management’s ownership interests in SNR HoldCo, which was purchased by EchoStar SNR HoldCo L.L.C. for a total of approximately $442 million. This purchase resulted in the conversion of our outstanding redeemable noncontrolling interest as it relates to SNR HoldCo to noncontrolling interest, which is now held by our parent, EchoStar, as of the purchase date and we continue to consolidate the SNR Entities into our financial statements.

For further information, refer to the Consolidated Financial Statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2023.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires us to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense for each reporting period. Estimates are based on historical experience, observable market inputs, and other reasonable assumptions in accounting for, among other things, allowances for credit losses (including those related to our installment billing programs), self-insurance obligations, deferred taxes and related valuation allowances, uncertain tax positions, loss contingencies, fair value of financial instruments, fair value of options granted under EchoStar’s stock-based compensation plans, fair value of assets and liabilities acquired in business combinations, inputs used to recognize revenue over time, including the relative standalone selling prices of performance obligations, finance leases, asset impairments, estimates of future cash flows used to evaluate and recognize impairments, useful lives of property, equipment and intangible assets, incremental borrowing rate (“IBR”) on lease right of use assets, nonrefundable upfront fees, independent third-party retailer incentives, programming expenses, subscriber lives and likelihood of certain contingent events. Economic conditions may increase the inherent uncertainty in the estimates and assumptions indicated above. Actual results may differ from previously estimated amounts, and such differences may be material to our condensed consolidated financial statements. Estimates and assumptions are reviewed periodically, and the effects of revisions are reflected prospectively in the period they occur.

Capitalized Interest

We capitalize interest associated with the acquisition or construction of certain assets, including, among other things, our Wireless spectrum licenses, build-out costs associated with our 5G Network Deployment and satellites. Capitalization of interest begins when, among other things, steps are taken to prepare the asset for its intended use and ceases when the asset is ready for its intended use or when these activities are substantially suspended.

We are currently commercializing our 5G Network Deployment. As a result, the interest expense related to the carrying amount of the 5G Network Deployment qualifying assets is being capitalized. Historically, the qualifying assets exceeded the carrying value of our long-term debt and finance lease obligations, therefore substantially all of our interest expense was being capitalized.

As a result of the lower basis of our qualifying assets due to the Sale and Transfer of Assets to EchoStar and other qualifying assets, including certain bands of wireless spectrum licenses that have been placed into service with the deployment of our 5G Network, we no longer capitalize substantially all interest on those assets. We expect this trend to continue.

Fair Value Measurements

We determine fair value based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Market or observable inputs are the preferred source of values, followed by unobservable inputs or assumptions based on hypothetical transactions in the absence of market inputs. We apply the following hierarchy in determining fair value:

●

Level 1, defined as observable inputs being quoted prices in active markets for identical assets;

●

Level 2, defined as observable inputs other than quoted prices included in Level 1, including quoted prices for similar assets and liabilities in active markets; and quoted prices for identical or similar instruments in markets that are not active and model-derived valuations in which significant inputs and significant value drivers are observable in active markets; and

●

Level 3, defined as unobservable inputs for which little or no market data exists, consistent with reasonably available assumptions made by other participants therefore requiring assumptions based on the best information available.

As of September 30, 2024 and December 31, 2023, the carrying amount for cash and cash equivalents, trade accounts receivable (net of allowance for credit losses) and current liabilities (excluding the “Current portion of debt, finance lease and other obligations”) was equal to or approximated fair value due to their short-term nature or proximity to current market rates.

Fair values of our marketable investment securities are measured on a recurring basis based on a variety of observable market inputs. For our investments in publicly traded equity securities and U.S. government securities, fair value ordinarily is determined based on Level 1 measurements that reflect quoted prices for identical securities in active markets. Fair values of our investments in other marketable debt securities are generally based on Level 2 measurements as the markets for such debt securities are less active. We consider trades of identical debt securities on or near the measurement date as a strong indication of fair value and matrix pricing techniques that consider par value, coupon rate, credit quality, maturity and other relevant features may also be used to determine fair value of our investments in marketable debt securities. Additionally, we use fair value measurements from time to time in connection with other investments, asset impairment testing and the assignment of purchase consideration to assets and liabilities of acquired companies. Those fair value measurements typically include significant unobservable inputs and are categorized within Level 3 of the fair value hierarchy. Transfers between levels in the fair value hierarchy are considered to occur at the beginning of the quarterly accounting period. See Note 4 for the fair value of our marketable investment securities and derivative instruments.

Furthermore, for any sale of a financial asset in a transaction among entities under common control the difference between the net carrying value and the fair value of the assets sold, if any, is recorded as a gain or loss on the sale of the financial asset in “Other, net” within “Other Income (Expense)” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).

Fair values for our publicly traded debt securities are based on quoted market prices, when available. The fair values of private debt are based on, among other things, available trade information, and/or an analysis in which we evaluate market conditions, related securities, various public and private offerings, and other publicly available information. In performing this analysis, we make various assumptions regarding, among other things, credit spreads, and the impact of these factors on the value of the debt securities. See Note 8 for the fair value of our long-term debt.

Assets Recognized Related to the Costs to Obtain a Contract with a Customer

We recognize an asset for the incremental costs of obtaining a contract with a customer if we expect the benefit of those costs to be longer than one year. We have determined that certain sales incentive programs in our Pay-TV and Retail Wireless segments, including those with our independent third-party retailers, meet the requirements to be capitalized, and payments made under these programs are capitalized and amortized to expense over the estimated customer life or the contract term. These amounts are capitalized in “Prepaids and other assets” and “Other noncurrent assets, net” on our Condensed Consolidated Balance Sheets, and then amortized in “Selling, general and administrative expenses” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).

Advertising Costs

We recognize advertising expense when incurred as a component of “Selling, general and administrative expenses” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). Advertising expenses totaled $173 million and $169 million for the three months ended September 30, 2024 and 2023, respectively. Advertising expenses totaled $422 million and $462 million for the nine months ended September 30, 2024 and 2023, respectively.

Research and Development

Research and development costs, not incurred in connection with customer requirements, are expensed as incurred and are included as a component of “Selling, general and administrative expenses” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). Research and development costs totaled $6 million and $11 million for the three months ended September 30, 2024 and 2023, respectively. Research and development costs totaled $20 million and $33 million for the nine months ended September 30, 2024 and 2023, respectively.

New Accounting Pronouncements

Joint Ventures. On August 23, 2023, the FASB issued ASU 2023-05, Business Combinations — Joint Venture Formations (Subtopic 805-60) (“ASU 2023-05”), which requires an entity that qualifies as either a joint venture or a corporate joint venture as defined in the FASB Accounting Standards Codification (ASC) master glossary to apply a new basis of accounting upon the formation of the joint venture. This standard will be effective for all joint venture formations with a formation date on or after January 1, 2025. A joint venture that was formed before January 1, 2025 may elect to apply the amendments retrospectively if it has sufficient information. Early adoption is permitted in any interim or annual period in which financial statements have not yet been issued or made available for issuance. We plan to adopt the standard if applicable and we expect the adoption of the standard will have an immaterial impact on our disclosures.

Segment Reporting. On November 27, 2023, the FASB issued ASU 2023-07 Segment Reporting (Topic 280): Improvements to Reporting Segment Disclosures (“ASU 2023-07”), which will enhance financial reporting by providing additional information about a public company’s significant segment expenses and more timely and detailed segment information reporting throughout the fiscal period. This standard will be effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. We plan to adopt the standard when it becomes effective for us beginning in our fiscal year 2024 annual financial statements, and we expect the adoption of the standard will impact certain of our segment reporting disclosures.

Income Taxes. On December 14, 2023, the FASB issued ASU 2023-9, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), which will enhance income tax disclosures. ASU 2023-09 requires among other items disaggregated information in a reporting entity’s rate reconciliation table, clarification on uncertain tax positions and the related financial statement impact as well as information on income taxes paid on a disaggregated basis. This standard will be effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. We are evaluating the impact the adoption of ASU 2023-09 will have on our Condensed Consolidated Financial Statements and related disclosures.

Segment Reporting (Details) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
Segment Reporting (Details) $ in Thousands	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) segment	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Segment information
Number of primary operating business segments \| segment			3
Total assets	$ 45,570,017		$ 45,570,017		$ 51,413,031
Revenue recorded	3,515,317	$ 3,704,516	10,723,476	$ 11,573,075
Depreciation and amortization	364,199	294,797	1,122,383	806,504
Operating income (loss)	(124,500)	(41,806)	(130,292)	487,951
Interest income	8,627	18,649	31,794	90,907
Other, net (Note 4)	18,019	(151,497)	80,884	(120,726)
Net income (loss)	(210,508)	(116,839)	(432,563)	348,823
Issuance costs			2,500,000
Purchases of property and equipment (including capitalized interest related to FCC authorizations)	377,059	916,500	1,468,235	3,074,626
Wireless services and related revenue
Segment information
Revenue recorded	778,737	814,267	2,368,138	2,535,296
Wireless equipment and related revenue
Segment information
Revenue recorded	117,212	76,713	325,192	258,791
Pay-TV video and related revenue
Segment information
Revenue recorded	2,602,176	2,776,950	7,961,736	8,592,126
Pay-TV
Segment information
Purchases of property and equipment (including capitalized interest related to FCC authorizations)	53,357	64,331	119,111	167,524
Pay-TV \| Equipment sales and other revenue
Segment information
Revenue recorded	15,855	30,151	59,157	162,246
Wireless \| Equipment sales and other revenue
Segment information
Revenue recorded	42,833	29,916	106,653	67,902
5 G Network Deployment
Segment information
Purchases of property and equipment (including capitalized interest related to FCC authorizations)	323,702	852,169	1,349,124	2,907,102
New DISH DBS Financing \| DBS Subscriber Co
Segment information
Issuance costs	2,500,000		2,500,000		2,500,000
Operating segment \| Pay-TV
Segment information
Total assets	53,425,068		53,425,068		49,437,958
Revenue recorded	2,618,031	2,807,101	8,020,893	8,754,372
Operating income (loss)	588,501	589,465	1,926,541	1,985,490
Operating segment \| Retail Wireless
Segment information
Total assets	600,618		600,618		777,957
Revenue recorded	895,949	890,980	2,693,330	2,794,087
Operating income (loss)	(113,792)	(168,166)	(309,571)	(298,872)
Operating segment \| 5 G Network Deployment
Segment information
Total assets	39,526,142		39,526,142		46,793,378
Revenue recorded	42,833	29,916	106,653	67,902
Operating income (loss)	(599,022)	(463,105)	(1,747,262)	(1,198,667)
Eliminations \| All Other & Eliminations
Segment information
Total assets	(47,981,811)		(47,981,811)		$ (45,596,262)
Revenue recorded	(41,496)	(23,481)	(97,400)	(43,286)
Operating income (loss)	(187)
All other \| Equipment sales and other revenue
Segment information
Eliminations	$ (41,496)	$ (23,481)	$ (97,400)	$ (43,286)

Leases

9 Months Ended

Sep. 30, 2024

Leases

Leases

7.Leases

Lessee Accounting

We enter into non-cancelable operating and finance leases for, among other things, communication towers, satellites, satellite-related ground infrastructure, data centers, office space, dark fiber and transport equipment, warehouses and distribution centers, vehicles and other equipment. Substantially all of our leases have remaining lease terms from one to 13 years, some of which include renewal options, and some of which include options to terminate the leases within one year. For certain arrangements (generally communication towers), the lease term includes the non-cancelable period plus the renewal period that we are reasonably certain to exercise.

Our Nimiq 5 satellite is accounted for as finance lease within our Pay-TV segment. Subsequent to September 30, 2024, we extended the Nimiq 5 lease to October 2029 and as a result, beginning in the fourth quarter of 2024, we will account for the Nimiq 5 lease as an operating lease. Substantially all of our remaining leases are accounted for as operating leases, including our Anik F3 satellite lease.

The components of lease expense were as follows:


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023

	(In thousands)
Operating lease cost (1)	$	150,048	$	130,288	$	461,172	$	364,622

Short-term lease cost (2)		3,089		2,686		8,951		8,107

Finance lease cost:
Amortization of right-of-use assets		12,847		13,316		40,211		53,505
Interest on lease liabilities		1,980		3,521		7,169		10,915
Total finance lease cost		14,827		16,837		47,380		64,420
Total lease costs	$	167,964	$	149,811	$	517,503	$	437,149

(1)	The increase in operating lease cost is primarily related to communication tower leases.

(2)	Leases that have terms of 12 months or less.

Supplemental cash flow information related to leases was as follows:


	For the Nine Months Ended
	September 30,
	2024		2023

	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	344,810	$	233,135
Operating cash flows from finance leases	$	7,363	$	9,778
Financing cash flows from finance leases	$	49,648	$	37,936

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	406,101	$	559,539
Finance leases	$	—	$	53,771

Supplemental balance sheet information related to leases was as follows:


	As of
	September 30,		December 31,
	2024		2023

	(In thousands)
Operating Leases:
Operating lease assets	$	3,030,380	$	2,934,862

Other current liabilities	$	471,663	$	301,172
Operating lease liabilities		2,999,747		2,992,863
Total operating lease liabilities	$	3,471,410	$	3,294,035

Finance Leases:
Property and equipment, gross	$	465,549	$	465,549
Accumulated depreciation		(410,467)		(370,768)
Property and equipment, net	$	55,082	$	94,781

Other current liabilities	$	29,386	$	56,459
Other long-term liabilities		44,623		67,199
Total finance lease liabilities	$	74,009	$	123,658

Weighted Average Remaining Lease Term:
Operating leases		10.0 years		10.7 years
Finance leases		2.0 years		2.2 years

Weighted Average Discount Rate:
Operating leases		10.3%		9.5%
Finance leases		9.3%		9.7%

Maturities of lease liabilities as of September 30, 2024 were as follows:


	Maturities of Lease Liabilities
	Operating		Finance
For the Years Ending December 31,	Leases		Leases		Total

	(In thousands)
2024 (remaining three months)	$	95,440	$	8,463	$	103,903
2025		504,878		35,392		540,270
2026		541,249		36,588		577,837
2027		545,983		2,574		548,557
2028		505,253		—		505,253
Thereafter		3,371,530		—		3,371,530
Total lease payments		5,564,333		83,017		5,647,350
Less: Imputed interest		(2,092,923)		(9,008)		(2,101,931)
Total		3,471,410		74,009		3,545,419
Less: Current portion		(471,663)		(29,386)		(501,049)
Long-term portion of lease obligations	$	2,999,747	$	44,623	$	3,044,370

Debt and Finance Lease Obligations (Tables)

9 Months Ended

Sep. 30, 2024

Debt and Finance Lease Obligations

Schedule of carrying amount and fair value of our debt facilities


		As of
		September 30, 2024				December 31, 2023
	Issuer	Carrying Amount		Fair Value		Carrying Amount		Fair Value

		(In thousands)
Current:
2 3/8% Convertible Notes due 2024 (1)	DISH	$	—	$	—	$	951,168	$	944,034
5 7/8% Senior Notes due 2024	DDBS		1,982,544		1,978,559		1,982,544		1,872,275
Term Loan due 2025 (2)	DBS SubscriberCo		500,000		500,000		—		—
Long-Term:
0% Convertible Notes due 2025	DISH		1,957,197		1,702,761		1,957,197		1,228,141
7 3/4% Senior Notes due 2026	DDBS		2,000,000		1,718,660		2,000,000		1,388,060
3 3/8% Convertible Notes due 2026	DISH		2,908,799		2,367,035		2,908,801		1,570,753
5 1/4% Senior Secured Notes due 2026	DDBS		2,750,000		2,536,875		2,750,000		2,366,073
11 3/4% Senior Secured Notes due 2027	DISH		3,500,000		3,683,750		3,500,000		3,668,980
7 3/8% Senior Notes due 2028	DDBS		1,000,000		729,150		1,000,000		600,160
5 3/4% Senior Secured Notes due 2028	DDBS		2,500,000		2,200,000		2,500,000		2,013,125
5 1/8% Senior Notes due 2029	DDBS		1,500,000		981,000		1,500,000		774,600
Term Loan due 2029 (2)	DBS SubscriberCo		1,800,000		1,800,000		—		—
Mandatorily Redeemable Preferred Shares due 2029 (2) (3)	DBS SubscriberCo		200,000		200,000		—		—
DISH 2021 Intercompany Loan 2026 Tranche (4)	Intercompany		4,767,289		4,767,289		—		—
Subtotal			27,365,829		25,165,079		21,049,710		16,426,201
Other notes payable			63,297		63,297		113,564		113,564
Unamortized deferred financing costs and other debt discounts, net			(189,909)		—		(67,215)		—
Finance lease obligations (5)			74,009		—		123,658		—
Total long-term debt, finance lease and other obligations (including current portion)		$	27,313,226	$	25,228,376	$	21,219,717	$	16,539,765

(1)	We repurchased or redeemed the principal balance of our 2 3/8% Convertible Notes due 2024 as of March 15, 2024, the instrument’s maturity date.

(2)	See “New DISH DBS Financing” below for further information.

(3)	Due to the mandatory redemption feature of this instrument, it is considered a debt instrument.

(4)

(5)	Disclosure regarding fair value of finance leases is not required.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-3

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477734/942-470-50-3

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-8

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-6

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-7

+ Details

Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2024

Commitments and Contingencies

Summary of Wireless Spectrum Licenses

Build-Out Deadlines

Final

Carrying Amount

Interim

Accelerated License Areas

Extension License Areas

Expiration Date

(In thousands)

Owned:

DBS Licenses (1)

677,409

600 MHz Licenses

6,192,575

December 31, 2024 (3)

June 14, 2025 (5)

June 2029

3.45–3.55 GHz Licenses

7,329,093

May 4, 2026 (6)

May 4, 2030 (6)

May 2037

1695-1710 MHz, 1755-1780 MHz and 2155-2180 MHz (2)

972

March 2026

AWS-3

5,557,828

December 31, 2024 (4)

October 2025 (7)

Subtotal owned

19,757,877

Noncontrolling Investments:

SNR

4,271,459

December 31, 2024 (4)

October 2025 (7)

Capitalized Interest (8)

6,563,550

Total Regulatory authorizations, net

30,592,886

Leased from EchoStar (9):

700 MHz Licenses (2)

701,803

December 31, 2024 (10)

June 14, 2025 (11)

June 2033

AWS-4 Licenses (2)

1,928,688

December 31, 2024 (10)

June 14, 2025 (11)

June 2033

H Block Licenses (2)

1,671,506

December 31, 2024 (10)

June 14, 2025 (12)

June 2033

MVDDS Licenses (1)

24,000

July, August, September 2034

LMDS Licenses (1)

—

September 2028

28 GHz Licenses

2,883

October 2, 2029 (13)

October 2029

24 GHz Licenses

11,772

December 11, 2029 (13)

December 2029

37 GHz, 39 GHz and 47 GHz Licenses

202,392

June 4, 2030 (13)

June 2030

3550-3650 MHz Licenses

912,200

March 12, 2031 (13)

March 2031

3.7-3.98 GHz Licenses

2,969

July 23, 2029 (13)

July 23, 2033 (13)

July 2036

Total Leased from EchoStar

5,458,213

(1)	The build-out deadlines for these licenses have been met.

(2)	The interim build-out deadlines for these licenses are in the past.

(3)

For certain of these license areas, we must offer 5G broadband service to at least 85% of the population in each Partial Economic Area (which is a service area established by the FCC), and for certain other licenses we must offer 5G broadband service to at least 80% of the population in each Partial Economic Area by this date. These licenses are set forth in Appendices B and E of our September 2024 FCC extension request.

(4)

For certain of these license areas, we must provide reliable signal coverage and offer service for certain accelerated licenses to at least 85% of the population of each license area and for certain other accelerated licenses to at least 80% of the population of each license area by this date. These accelerated licenses are set forth in Appendices C and F of our September 2024 FCC extension request.

(5)

For the 600 MHz licenses set forth in Appendix G-2 of our September 2024 FCC extension request, if, by December 31, 2024, we satisfy the accelerated buildout obligations described in footnotes 3, 4 and 11 herein, the final deadline for us to offer 5G broadband service to at least 75% of the population in each Partial Economic Area (which is a service area established by the FCC) with respect to these licenses shall be extended to December 14, 2026. The final deadline shall be further extended to June 14, 2028, if: by December 31, 2024, we are offering 5G broadband service to at least 80% of the U.S. population and, as of June 14, 2025 (as defined in our September 2024 FCC extension request): (a) we have offered a low-cost 5G broadband plan and device to consumers nationwide; (b) we have deployed at least 24,000 5G sites; (c) we have upgraded our deployed 5G sites to 3GPP Release 17; and (d) we have provisioned at least 75% of new subscribers with an EchoStar-certified 5G device on our MNO network if the subscriber is within the accelerated markets as set forth in Appendices A-F of our September 2024 FCC extension request.

(6)	There are a variety of build-out options and associated build-out metrics associated with these licenses. If the interim build-out requirement is not met, the final build-out requirement may be accelerated by one year from May 2030 to May 2029.

(7)

For the AWS-3 licenses set forth in Appendix G-3 of our September 2024 FCC extension request, if, by December 31, 2024, we satisfy the accelerated buildout obligations described in footnotes 3, 4 and 11 herein, the final deadline for us to offer 5G broadband service to at least 75% of the population in each license area with respect to these licenses shall be extended to December 14, 2026. The final deadline shall be further extended to June 14, 2028, if: by December 31, 2024, we are offering 5G broadband service to at least 80% of the U.S. population and, as of June 14, 2025 (as defined in our September 2024 FCC extension request): (a) we have offered a low-cost 5G broadband plan and device to consumers nationwide; (b) we have deployed at least 24,000 5G sites; (c) we have upgraded our deployed 5G sites to 3GPP Release 17; and (d) we have provisioned at least 75% of new subscribers with an EchoStar-certified 5G device on our MNO network if the subscriber is within the accelerated markets as set forth in Appendices A-F of our September 2024 FCC extension request.

(8)	See Note 2 for further information.

(9)	See Note 1 for further information on the Sale and Transfer of Assets to EchoStar and see Note 12 for Related Party Transactions with EchoStar.

(10)

For certain of these license areas, we must offer 5G broadband service to at least 85% of the population in each Economic Area (which is a service area established by the FCC), and for certain other licenses we must offer 5G broadband service to at least 80% of the population in each Economic Area by this date. These licenses are set forth in Appendices A and D of our September 2024 FCC extension request.

(11)

For the 700 MHz and AWS-4 licenses set forth in Appendix G-1 of our September 2024 FCC extension request, if, by December 31, 2024, we satisfy the accelerated buildout obligations described in footnotes 3, 4 and 11 herein, the final deadline for us to offer 5G broadband service to at least 70% of the population in each Economic Area (which is a service area established by the FCC) with respect to these licenses shall be extended to December 14, 2026. The final deadline shall be further extended to June 14, 2028, if: by December 31, 2024, we are offering 5G broadband service to at least 80% of the U.S. population and, as of June 14, 2025 (as defined in our September 2024 FCC extension request): (a) we have offered a low-cost 5G broadband plan and device to consumers nationwide; (b) we have deployed at least 24,000 5G sites; (c) we have upgraded our deployed 5G sites to 3GPP Release 17; and (d) we have provisioned at least 75% of new subscribers with an EchoStar-certified 5G device on our MNO network if the subscriber is within the accelerated markets as set forth in Appendices A-F of our September 2024 FCC extension request.

(12)

For the H-Block licenses set forth in Appendix G-1 of our September 2024 FCC extension request, if, by December 31, 2024, we satisfy the accelerated buildout obligations described in footnotes 3, 4 and 11 herein, the final deadline for us to offer 5G broadband service to at least 75% of the population in each Economic Area (which is a service area established by the FCC) with respect to these licenses shall be extended to December 14, 2026. The final deadline shall be further extended to June 14, 2028, if: by December 31, 2024, we are offering 5G broadband service to at least 80% of the U.S. population and, as of June 14, 2025 (as defined in our September 2024 FCC extension request): (a) we have offered a low-cost 5G broadband plan and device to consumers nationwide; (b) we have deployed at least 24,000 5G sites; (c) we have upgraded our deployed 5G sites to 3GPP Release 17; and (d) we have provisioned at least 75% of new subscribers with an EchoStar-certified 5G device on our MNO network if the subscriber is within the accelerated markets as set forth in Appendices A-F of our September 2024 FCC extension request.

(13)	There are a variety of build-out options and associated build-out metrics associated with these licenses.

Related Party Transactions - Additional Information (Details)			1 Months Ended				3 Months Ended		9 Months Ended
	Aug. 19, 2016	Oct. 02, 2012	Jun. 30, 2021 item	Feb. 28, 2019	Mar. 31, 2017	Dec. 31, 2011 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) item	Sep. 30, 2023 USD ($)	May 01, 2024	Dec. 31, 2023 USD ($)
Related Party Transactions
Trade accounts receivable, net							$ 859,378,000		$ 859,378,000			$ 890,333,000
Trade accounts payable							678,347,000		678,347,000			673,291,000
Revenue recorded							3,515,317,000	$ 3,704,516,000	10,723,476,000	$ 11,573,075,000
Cost of sales - equipment and other							319,564,000	570,688,000	956,918,000	1,569,159,000
Selling, general and administrative expenses							540,502,000	642,621,000	$ 1,548,287,000	1,878,068,000
Inverness Lease Agreement \| EchoStar
Related Party Transactions
Number of renewal options \| item									4
Term of renewal option									3 years
Professional Services Agreement
Related Party Transactions
Automatic Renewal Period									1 year
Hughes Broadband Distribution Agreement
Related Party Transactions
Term of renewal option		1 year
Hughes Broadband Distribution Agreement \| Minimum
Related Party Transactions
Notice period for termination of agreement		180 days
Hughes Broadband Master Services Agreement
Related Party Transactions
Payments to third party by related party under extension option							1,000,000	1,000,000	$ 1,000,000	1,000,000
Service revenue
Related Party Transactions
Revenue recorded							3,380,913,000	3,590,581,000	10,329,859,000	11,126,777,000
EchoStar
Related Party Transactions
Trade accounts receivable, net							0		0			4,000,000
Trade accounts payable							64,000,000		64,000,000			$ 13,000,000
Equipment sales and other revenue							2,000,000	1,000,000	3,000,000	2,000,000
Cost of services							1,000,000	2,000,000	3,000,000	6,000,000
General and Administrative Expense							6,000,000	3,000,000	$ 17,000,000	9,000,000
EchoStar \| El Paso Lease Agreement
Related Party Transactions
Number of consecutive three year renewal options \| item									4
Term of renewal option									3 years
EchoStar \| Cheyenne Lease Agreement
Related Party Transactions
Number of renewal options \| item									12
Term of renewal option									1 year
Renewal notice period									180 days
EchoStar \| Collocation And Antenna Space Agreements
Related Party Transactions
Number of renewal options \| item									4
Term of renewal option									3 years
Notice period for termination of agreement									180 days
EchoStar \| 100 Inverness Lease Agreement
Related Party Transactions
Notice period for termination of agreement					180 days
EchoStar \| Professional Services Agreement
Related Party Transactions
Automatic renewal period									1 year
Notice period for termination of agreement									60 days
Minimum notice period for termination of a specific service									30 days
EchoStar \| Patent Cross-License Agreements
Related Party Transactions
Payments to third party						$ 10,000,000
EchoStar \| Rovi License Agreement
Related Party Transactions
Agreement term	10 years
Amount paid to related party									$ 0
EchoStar \| Tax Sharing Agreement
Related Party Transactions
Payment made for tax benefit received							13,000,000		13,000,000
Related Party Transaction, Remaining Payment Of Tax Benefit To Be Paid							69,000,000		69,000,000
Net amount of the allocated tax attributes payable							82,000,000		$ 82,000,000
EchoStar \| TT & C Agreement
Related Party Transactions
Number of renewal options \| item			3
Term of renewal option			1 year
EchoStar \| Prior TT&C Agreement
Related Party Transactions
Term of renewal option									1 year
EchoStar \| Service revenue
Related Party Transactions
Revenue recorded							2,000,000	1,000,000	$ 4,000,000	3,000,000
HNS \| Collocation And Antenna Space Agreements
Related Party Transactions
Number of renewal options \| item									4
Term of renewal option									3 years
Notice period for termination of agreement									90 days
Agreement term from commencement of service date									5 years
HNS \| Collocation And Antenna Space Agreements \| Maximum
Related Party Transactions
Notice period for termination of agreement									120 days
HNS \| Hughes Broadband Master Services Agreement
Related Party Transactions
Notice period for termination of agreement					90 days
Agreement term					5 years
Automatic Renewal Period					1 year
HNS \| Hughes Equipment and Services Agreement
Related Party Transactions
Term of renewal option				1 year
Minimum required notice period for termination of agreement by related party				180 days
Agreement term				5 years
Minimum required notice period for termination by the reporting entity				365 days
NBIoT capitalized costs
Related Party Transactions
Cost of sales - equipment and other							0	$ 1,000,000	$ 0	$ 4,000,000
CONX Corp [Member]
Related Party Transactions
General and administrative expenses							$ 1,000,000		$ 1,000,000
Building lease term											10 years
Master Transaction Agreement \| EchoStar \| TT & C Agreement
Related Party Transactions
Notice period for termination of agreement									12 months
Master Transaction Agreement \| EchoStar \| TT & C Agreement \| Minimum
Related Party Transactions
Notice period for termination of agreement									90 days

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue:
Total revenue	$ 3,515,317	$ 3,704,516	$ 10,723,476	$ 11,573,075
Costs and Expenses (exclusive of depreciation and amortization):
Cost of services	2,415,552	2,238,216	7,226,180	6,831,393
Cost of sales - equipment and other	319,564	570,688	956,918	1,569,159
Selling, general and administrative expenses	540,502	642,621	1,548,287	1,878,068
Depreciation and amortization	364,199	294,797	1,122,383	806,504
Total costs and expenses	3,639,817	3,746,322	10,853,768	11,085,124
Operating income (loss)	(124,500)	(41,806)	(130,292)	487,951
Other Income (Expense):
Interest income	8,627	18,649	31,794	90,907
Interest expense, net of amounts capitalized	(160,625)	(10,173)	(495,821)	(27,379)
Other, net (Note 4)	18,019	(151,497)	80,884	(120,726)
Total other income (expense)	(133,979)	(143,021)	(383,143)	(57,198)
Income (loss) before income taxes	(258,479)	(184,827)	(513,435)	430,753
Income tax (provision) benefit, net	47,971	67,988	80,872	(81,930)
Net income (loss)	(210,508)	(116,839)	(432,563)	348,823
Less: Net income (loss) attributable to noncontrolling interests, net of tax	15	22,346	3,688	64,980
Net income (loss) attributable to DISH Network	(210,523)	(139,185)	(436,251)	283,843
Comprehensive Income (Loss):
Net income (loss)	(210,508)	(116,839)	(432,563)	348,823
Other comprehensive income (loss):
Foreign currency translation adjustments	(125)	573	(138)	1,303
Unrealized holding gains (losses) on available-for-sale debt securities	53	(230)	1,792	(200)
Recognition of previously unrealized (gains) losses on available-for-sale securities included in net income (loss)	(9)	230	(1,758)	231
Deferred income tax (expense) benefit, net	(2)	(199)	(3)	(358)
Total other comprehensive income (loss), net of tax	(83)	374	(107)	976
Comprehensive income (loss)	(210,591)	(116,465)	(432,670)	349,799
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax	15	22,346	3,688	64,980
Comprehensive income (loss) attributable to DISH Network	(210,606)	(138,811)	(436,358)	284,819
Service revenue
Revenue:
Total revenue	3,380,913	3,590,581	10,329,859	11,126,777
Equipment sales and other revenue
Revenue:
Total revenue	$ 134,404	$ 113,935	$ 393,617	$ 446,298

Organization and Business Activities (Details) person in Millions					1 Months Ended		3 Months Ended	9 Months Ended	12 Months Ended	201 Months Ended
	Sep. 29, 2024 USD ($)	May 02, 2024 USD ($)	Jan. 10, 2024 USD ($)	Sep. 29, 2023 person item	Mar. 31, 2024 USD ($)	Jan. 31, 2024 USD ($)	Sep. 30, 2024 USD ($) item	Sep. 30, 2024 USD ($) person site item segment	Dec. 31, 2023 USD ($)	Sep. 30, 2024 USD ($) item	Mar. 15, 2024 USD ($)	Mar. 12, 2024 USD ($)
Commitments and Contingencies
Number of primary operating business segments \| segment								3
Fair value of assets sold			$ 246,000,000
Sale of assets to EchoStar								$ 245,800,000
Gain or loss on sale of assets								138,000,000
Sale of intangible assets								1,036,500,000
Trade accounts receivable, net							$ 859,378,000	859,378,000	$ 890,333,000	$ 859,378,000
Cash and cash equivalents and marketable investment securities							2,426,000,000	2,426,000,000		2,426,000,000
Net carrying value of assets transferred		$ 141,000,000						140,510,000
Issuance costs								2,500,000,000
Debt issuance costs								136,208,000
Aggregate cash purchase price							$ 400,000,000	$ 400,000,000		$ 400,000,000
Number of Pay-TV subscribers \| item							8,031,000	8,031,000		8,031,000
Number Of wireless subscribers \| item							6,984,000	6,984,000		6,984,000
Regulatory authorizations, net							$ 30,592,886,000	$ 30,592,886,000	$ 38,114,249,000	$ 30,592,886,000
Number of nationwide 5G commitments that are met \| item				2
Number of nationwide 5G commitments \| item				3
Minimum percentage of population having access to average download speed				70.00%
Number of Americans nationwide for deployment of 5G services \| person				200
Number of American subscribers for 5G broadband service \| person				250				200
Intercompany Loan
Commitments and Contingencies
Additional debt			$ 4,700,000,000		$ 4,700,000,000	$ 4,700,000,000
Carrying Value							$ 4,767,289,000	$ 4,767,289,000		$ 4,767,289,000
2 3/8% Convertible Notes due 2024
Commitments and Contingencies
Debt repurchased											$ 951,000,000
Interest rate (as a percent)							2.375%	2.375%	2.375%	2.375%	2.375%
5 7/8% Senior Notes due 2024
Commitments and Contingencies
Total debts							$ 1,983,000,000	$ 1,983,000,000		$ 1,983,000,000
10 3/4% Senior Notes due 2029
Commitments and Contingencies
Interest rate (as a percent)							10.75%	10.75%		10.75%
Discount premium							$ 156,000,000	$ 156,000,000		$ 156,000,000
5G Network Development
Commitments and Contingencies
Payment to customer								$ 30,000,000,000		$ 30,000,000,000
Number of cell sites deployed \| site								24,000
Minimum \| MHz 700 Licenses and AWS-4 Licenses
Commitments and Contingencies
Minimum percentage of population having access to average download speed				70.00%
Sling TV Holding L.L.C.
Commitments and Contingencies
Number of Pay-TV subscribers \| item							2,143,000	2,143,000		2,143,000
DISH DBS
Commitments and Contingencies
Permitted transfer cap under equity purchase agreement	$ 1,520,000,000							$ 1,520,000,000
Purchase price	$ 1.00
Receivables							$ 4,606,000,000	$ 4,606,000,000		$ 4,606,000,000
DISH DBS \| 2 3/8% Convertible Notes due 2024
Commitments and Contingencies
Carrying Value									$ 951,168,000
DISH DBS \| 5 7/8% Senior Notes due 2024
Commitments and Contingencies
Interest rate (as a percent)	5.875%						5.875%	5.875%	5.875%	5.875%
Carrying Value							$ 1,982,544,000	$ 1,982,544,000	$ 1,982,544,000	$ 1,982,544,000
DISH DBS \| 10 3/4% Senior Notes due 2029
Commitments and Contingencies
Aggregate amount							5,356,000,000	5,356,000,000		5,356,000,000
DISH DBS \| EchoStar \| Assets transfer \| Disposal Group, Disposed of by Sale, Not Discontinued Operations
Commitments and Contingencies
Assets transferred							12,003,000,000.000	12,003,000,000.000		12,003,000,000.000
DBS Subscriber Co \| New DISH DBS Financing
Commitments and Contingencies
Issuance costs							2,500,000,000	2,500,000,000	2,500,000,000
Debt issuance costs							136,000,000
Amount used for redemption or repayment or repurchase 5 7/8% Senior Notes due 2024	$ 2,047,000,000.000						2,047,000,000.000	2,047,000,000.000		2,047,000,000.000
EchoStar
Commitments and Contingencies
Trade accounts receivable, net							0	0	$ 4,000,000	0
Deferred Tax Liabilities Net Noncurrent Excluding Additional paid-in capital							$ 3,775,000,000	3,775,000,000		$ 3,775,000,000
Related party \| EchoStar \| 700 MHz Spectrum \| Disposal Group, Disposed of by Sale, Not Discontinued Operations
Commitments and Contingencies
Gain or loss on sale of assets								$ 115,000,000
Sales value												$ 1,037,000,000.000
Dish TV
Commitments and Contingencies
Number of Pay-TV subscribers \| item							5,888,000	5,888,000		5,888,000
Wireless
Commitments and Contingencies
Payment to customer								$ 24,000,000,000
Regulatory authorizations, net							$ 19,757,877,000	19,757,877,000		$ 19,757,877,000
Capitalized Interest
Commitments and Contingencies
Payment to customer								7,000,000,000
Regulatory authorizations, net							$ 6,563,550,000	6,563,550,000		$ 6,563,550,000
Other income
Commitments and Contingencies
Gain or loss on sale of assets								129,000,000
Additional Paid-In Capital
Commitments and Contingencies
Gain or loss on sale of assets								$ 6,000,000

Debt and Finance Lease Obligations - Narratives (Details) $ / shares in Units, item in Millions		9 Months Ended
	Mar. 15, 2024 USD ($)	Sep. 30, 2024 USD ($) item $ / shares shares	Sep. 29, 2024 USD ($)	Dec. 31, 2023 $ / shares	Dec. 21, 2020 USD ($)	Aug. 08, 2016 USD ($)
Debt Instrument
Common stock par value (in dollars per share) \| $ / shares		$ 0		$ 0
DBS Subscriber Co
Debt Instrument
Number of subscribers \| item		3
2 3/8% Convertible Notes due 2024
Debt Instrument
Interest rate (as a percent)	2.375%	2.375%		2.375%
Debt repurchased	$ 951,000,000
2 3/8% Convertible Notes due 2024 \| DISH DBS Corporation ("DBS")
Debt Instrument
Redemption percent of principal amount	2.375%
0% Convertible Notes due 2025
Debt Instrument
Interest rate (as a percent)		0.00%
0% Convertible Notes due 2025 \| Class A common stock
Debt Instrument
Aggregate principal amount		$ 1,000
Convertible notes converted rate, shares \| shares		8.566
Common stock par value (in dollars per share) \| $ / shares		$ 116.74
0% Convertible Notes due 2025 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		0.00%
Aggregate principal amount					$ 2,000,000,000.0
Redemption price as a percentage of principal amount		100.00%
Debt Instrument, Redemption Price, Percentage		100.00%
5 7/8% Senior Notes due 2024 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		5.875%	5.875%	5.875%
7 3/4% Senior Notes due 2026 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		7.75%		7.75%
3 3/8% Convertible Notes due 2026
Debt Instrument
Interest rate (as a percent)		3.375%		3.375%
Aggregate principal amount						$ 3,000,000,000.0
Redemption price as a percentage of principal amount		100.00%
Debt Instrument, Redemption Price, Percentage		100.00%
3 3/8% Convertible Notes due 2026 \| Convertible note hedges \| EchoStar
Debt Instrument
Common stock par value (in dollars per share) \| $ / shares		$ 185.76
Convertible notes converted into shares \| shares		16,000,000
3 3/8% Convertible Notes due 2026 \| Class A common stock
Debt Instrument
Aggregate principal amount		$ 1,000
Convertible notes converted rate, shares \| shares		5.383
Common stock par value (in dollars per share) \| $ / shares		$ 185.76
3 3/8% Convertible Notes due 2026 \| Class A common stock \| Convertible note hedges
Debt Instrument
Common stock par value (in dollars per share) \| $ / shares		$ 65.18
Convertible notes converted into shares \| shares		46,000,000
Total cost of convertible notes		$ 635,000,000
3 3/8% Convertible Notes due 2026 \| Class A common stock \| Common stock warrants
Debt Instrument
Common stock par value (in dollars per share) \| $ / shares		$ 86.08
Convertible notes converted into warrants \| shares		46,000,000
3 3/8% Convertible Notes due 2026 \| Class A common stock \| Common stock warrants \| EchoStar
Debt Instrument
Convertible notes converted into shares \| shares		16,000,000
Cash proceeds from the sale of warrants		$ 376,000,000
3 3/8% Convertible Notes due 2026 \| Class A common stock \| Common stock warrants \| Minimum \| EchoStar
Debt Instrument
Common stock par value (in dollars per share) \| $ / shares		$ 185.75
3 3/8% Convertible Notes due 2026 \| Class A common stock \| Common stock warrants \| Maximum \| EchoStar
Debt Instrument
Common stock par value (in dollars per share) \| $ / shares		$ 245.33
3 3/8% Convertible Notes due 2026 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		3.375%
7 3/8% Senior Notes due 2028 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		7.375%		7.375%
New DISH DBS Financing \| DBS Subscriber Co
Debt Instrument
Aggregate principal amount			$ 2,500,000,000
Proceeds received		$ 2,047,000,000.000	$ 2,047,000,000.000
Term loan \| Incase of outstanding 2026 Dbs notes and secured notes and 2028 Dbs secured notes
Debt Instrument
Aggregate principal amount (as a percent)		20.00%
Term loan \| Incase of outstanding 2028 And 2029 DBS notes
Debt Instrument
Aggregate principal amount (as a percent)		15.00%
Term loan \| DBS Subscriber Co
Debt Instrument
Aggregate principal amount		$ 2,300,000
Term Loan due 2025 \| DBS Subscriber Co
Debt Instrument
Interest rate (as a percent)		11.00%
Aggregate principal amount		$ 500,000,000
Term Loan due 2029 \| DBS Subscriber Co
Debt Instrument
Aggregate principal amount		$ 1,800,000
Term Loan due 2029 \| DBS Subscriber Co \| Interest rate from financing closing date and twelve months thereafter
Debt Instrument
Interest rate (as a percent)		10.75%
Term Loan due 2029 \| DBS Subscriber Co \| Interest rate for twelve months after financing closing date
Debt Instrument
Interest rate (as a percent)		11.25%
New DISH DBS financing, roll-up incremental term loan \| DBS Subscriber Co \| Interest rate from financing closing date and twelve months thereafter
Debt Instrument
Interest rate (as a percent)		11.00%
New DISH DBS financing, roll-up incremental term loan \| DBS Subscriber Co \| Interest rate for twelve months after financing closing date
Debt Instrument
Interest rate (as a percent)		11.50%
Mandatorily Redeemable Preferred Shares due 2029 \| DBS Subscriber Co
Debt Instrument
Aggregate liquidation preference		$ 200,000,000
Mandatorily Redeemable Preferred Shares due 2029 \| DBS Subscriber Co \| Interest rate from financing closing date and twelve months thereafter
Debt Instrument
Interest rate (as a percent)		13.75%
Mandatorily Redeemable Preferred Shares due 2029 \| DBS Subscriber Co \| Interest rate for twelve months after financing closing date
Debt Instrument
Interest rate (as a percent)		13.25%
5 1/4% First Lien Notes due 2026 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		5.25%
5 3/4% First Lien Notes due 2028 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		5.75%
7 3/4% Second Lien Notes due 2026 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		7.75%
7 3/8% Second Lien Notes due 2028 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		7.375%
5 1/8% Second Lien Notes due 2029 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		5.125%
5 1/8 % Senior Notes due 2029 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		5.125%		5.125%
5 1/4% Senior Secured Notes due 2026
Debt Instrument
Interest rate (as a percent)		5.25%
5 1/4% Senior Secured Notes due 2026 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		5.25%		5.25%
5 3/4% Senior Secured Notes due 2028
Debt Instrument
Interest rate (as a percent)		5.75%
5 3/4% Senior Secured Notes due 2028 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)		5.75%		5.75%
11 3/4% Senior Secured Notes due 2027
Debt Instrument
Interest rate (as a percent)		11.75%		11.75%

Commitments and Contingencies

9 Months Ended

Sep. 30, 2024

Commitments and Contingencies

Commitments and Contingencies

9.Commitments and Contingencies

Commitments

5G Network Deployment

We initially invested a total of over $30 billion in Wireless spectrum licenses, and a portion of these licenses were included in the Sale and Transfer of Assets to EchoStar. We currently have $24 billion of investments related to Wireless spectrum licenses, which does not include $7 billion of capitalized interest related to the carrying value of such licenses. See Note 1 and Note 2 for further information. We plan to commercialize our Wireless spectrum licenses through our 5G Network Deployment. We have committed to deploy our 5G Network capable of serving increasingly larger portions of the U.S. population at different deadlines.

We may need to raise additional capital in the future, which may not be available on favorable terms, to fund the efforts described below, as well as, among other things, make any potential Northstar Re-Auction Payment and SNR Re-Auction Payment for the AWS-3 licenses retained by the FCC. There can be no assurance that we will be able to complete all build-out requirements or profitably deploy our Wireless spectrum licenses, which may affect the carrying amount of these assets and our future financial condition or results of operations.

Wireless Spectrum Licenses

Liberty Puerto Rico Asset Sale. On November 5, 2023, we entered into an Asset Purchase Agreement, License Purchase Agreement, and other ancillary transaction agreements with Liberty Latin America (“Liberty”) and its affiliate providing for the sale of certain of our wireless assets in Puerto Rico and the US Virgin Islands (the “Liberty Puerto Rico Asset Sale”). The consideration also includes a right for us to receive preferential international roaming rates within Liberty’s footprint at a reduced rate for a 10 year period. Subsequently, in the first quarter of 2024, a portion our wireless assets included in the Liberty Puerto Rico Asset Sale were included in the Sale and Transfer of Assets to EchoStar. The Liberty Puerto Rico Asset Sale was approved by the FCC and DOJ and closed in the third quarter of 2024.

Our parent, EchoStar, will receive payments totaling $251 million, of which we will receive payments totaling $125 million, including working capital adjustments, over a three year period, including an upfront payment, which we received in September 2024. We expect to receive the remaining amounts annually over the next three years. As of September 30, 2024, we received payments of $95 million, which includes payments for a portion of wireless assets held by our parent, EchoStar. As a result, $46 million is recorded in “Trade accounts payable” on our Condensed Consolidated Balance Sheets.

The difference between our net carrying value of the assets sold to their fair value resulted in a $21 million gain which was recorded in “Other, net” within “Other Income (Expense)” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) for the three and nine months ended September 30, 2024.

Our Wireless spectrum licenses are subject to certain build-out requirements, as well as certain renewal requirements that are summarized in the table below:

Build-Out Deadlines

Final

Carrying Amount

Interim

Accelerated License Areas

Extension License Areas

Expiration Date

(In thousands)

Owned:

DBS Licenses (1)

677,409

600 MHz Licenses

6,192,575

December 31, 2024 (3)

June 14, 2025 (5)

June 2029

3.45–3.55 GHz Licenses

7,329,093

May 4, 2026 (6)

May 4, 2030 (6)

May 2037

1695-1710 MHz, 1755-1780 MHz and 2155-2180 MHz (2)

972

March 2026

AWS-3

5,557,828

December 31, 2024 (4)

October 2025 (7)

Subtotal owned

19,757,877

Noncontrolling Investments:

SNR

4,271,459

December 31, 2024 (4)

October 2025 (7)

Capitalized Interest (8)

6,563,550

Total Regulatory authorizations, net

30,592,886

Leased from EchoStar (9):

700 MHz Licenses (2)

701,803

December 31, 2024 (10)

June 14, 2025 (11)

June 2033

AWS-4 Licenses (2)

1,928,688

December 31, 2024 (10)

June 14, 2025 (11)

June 2033

H Block Licenses (2)

1,671,506

December 31, 2024 (10)

June 14, 2025 (12)

June 2033

MVDDS Licenses (1)

24,000

July, August, September 2034

LMDS Licenses (1)

—

September 2028

28 GHz Licenses

2,883

October 2, 2029 (13)

October 2029

24 GHz Licenses

11,772

December 11, 2029 (13)

December 2029

37 GHz, 39 GHz and 47 GHz Licenses

202,392

June 4, 2030 (13)

June 2030

3550-3650 MHz Licenses

912,200

March 12, 2031 (13)

March 2031

3.7-3.98 GHz Licenses

2,969

July 23, 2029 (13)

July 23, 2033 (13)

July 2036

Total Leased from EchoStar

5,458,213

(1)	The build-out deadlines for these licenses have been met.

(2)	The interim build-out deadlines for these licenses are in the past.

(3)

(4)

(5)

(6)	There are a variety of build-out options and associated build-out metrics associated with these licenses. If the interim build-out requirement is not met, the final build-out requirement may be accelerated by one year from May 2030 to May 2029.

(7)

(8)	See Note 2 for further information.

(9)	See Note 1 for further information on the Sale and Transfer of Assets to EchoStar and see Note 12 for Related Party Transactions with EchoStar.

(10)

(11)

(12)

(13)	There are a variety of build-out options and associated build-out metrics associated with these licenses.

Commercialization of Our Wireless Spectrum Licenses and Related Assets. On September 29, 2023, the FCC confirmed we have met all of our June 14, 2023 band-specific 5G deployment commitments, and two of our three nationwide 5G commitments. The single remaining 5G commitment, that at least 70% of the U.S. population has access to average download speeds equal to 35 Mbps, was achieved in March 2024 using the drive test methodology previously agreed upon by us and the FCC and overseen by an independent monitor. We currently have the largest commercial deployment of 5G VoNR in the world covering over 200 million Americans and 5G broadband service covering over 250 million Americans. We currently expect capital expenditures, excluding capitalized interest, for our 5G Network Deployment to be approximately $10 billion, including amounts incurred in 2021, 2022, 2023 and the first nine months of 2024. See Note 2 for further information.

In September 2024, the FCC conditionally granted our requests to extend the 5G deployment deadlines for certain of our licenses based on several commitments, described above.

We may need to make significant additional investments or partner with others to, among other things, continue our 5G Network Deployment and further commercialize, build-out and integrate these licenses and related assets and any additional acquired licenses and related assets, as well as to comply with regulations applicable to such licenses. Depending on the nature and scope of such activities, any such investments or partnerships could vary significantly. In addition, as we continue our 5G Network Deployment, we have and may continue to incur significant additional expenses related to, among other things, research and development, wireless testing and ongoing upgrades to the wireless network infrastructure, software and third-party integration. As a result of these investments, among other factors, we may need to raise additional capital, which may not be available on favorable terms. We may also determine that additional wireless spectrum licenses may be required for our 5G Network Deployment and to compete effectively with other wireless service providers.

AWS-3 Auction

Northstar Wireless is a wholly-owned subsidiary of Northstar Spectrum, which is an entity wholly-owned by us and, prior to October 12, 2023, by us and Northstar Manager. SNR Wireless is a wholly-owned subsidiary of SNR HoldCo, which is an entity owned by us and our parent’s direct wholly-owned subsidiary EchoStar SNR HoldCo L.L.C. and, prior to February 16, 2024, by us and SNR Management. See Note 2 for further information.

Northstar Wireless and SNR Wireless each filed applications with the FCC to participate in Auction 97 (the “AWS-3 Auction”) for the purpose of acquiring certain AWS-3 Licenses. Each of Northstar Wireless and SNR Wireless applied to receive bidding credits of 25% as designated entities under applicable FCC rules.

FCC Order and October 2015 Arrangements. On August 18, 2015, the FCC released a Memorandum Opinion and Order, FCC 15-104 (the “Order”) in which the FCC determined, among other things, that DISH Network has a controlling interest in, and is an affiliate of, Northstar Wireless and SNR Wireless, and therefore DISH Network’s revenues should be attributed to them, which in turn makes Northstar Wireless and SNR Wireless ineligible to receive the 25% bidding credits (approximately $1.961 billion for Northstar Wireless and $1.370 billion for SNR Wireless). On November 23, 2020, the FCC released a Memorandum Opinion and Order on Remand, FCC 20-160, that found that Northstar Wireless and SNR Wireless are not eligible for bidding credits based on the FCC’s determination that they remain under DISH Network’s de facto control. Northstar Wireless and SNR Wireless appealed the FCC’s order to the D.C. Circuit Court of Appeals. On June 21, 2022, the United States Court of Appeals for the District of Columbia issued an Opinion rejecting this challenge. On January 17, 2023, Northstar Wireless filed a petition for a writ of certiorari asking the United States Supreme Court to hear a further appeal, but that petition was denied on June 30, 2023.

Letters Exchanged between Northstar Wireless and the FCC Wireless Bureau. As outlined in letters exchanged between Northstar Wireless and the Wireless Telecommunications Bureau of the FCC (the “FCC Wireless Bureau”), Northstar Wireless paid the gross winning bid amounts for 261 AWS-3 Licenses and notified the FCC that it would not be paying the gross winning bid amounts for 84 AWS-3 Licenses. As a result of the nonpayment of those gross winning bid amounts, the FCC retained those licenses.

If the winning bids from re-auction or other award of the AWS-3 licenses retained by the FCC are greater than or equal to the winning bids of Northstar Wireless, no additional amounts will be owed to the FCC by Northstar Wireless. However, if those winning bids are less than the winning bids of Northstar Wireless, then we will be responsible for the difference less any overpayment of the Northstar interim payment, detailed below, (which will be recalculated as 15% of the winning bids from re-auction or other award) (the “Northstar Re-Auction Payment”). For example, if the winning bids in a re-auction are $1, the Northstar Re-Auction Payment would be approximately $1.892 billion, which is calculated as the difference between $2.226 billion (the Northstar winning bid amounts) and $1 (the winning bids from re-auction) less the resulting $334 million overpayment of the Northstar interim payment. We cannot predict with any degree of certainty the timing or outcome of any re-auction or the amount of any Northstar Re-Auction Payment.

Letters Exchanged between SNR Wireless and the FCC Wireless Bureau. As outlined in letters exchanged between SNR Wireless and the FCC Wireless Bureau, SNR Wireless paid the gross winning bid amounts for 244 AWS-3 Licenses and notified the FCC that it would not be paying the gross winning bid amounts for 113 AWS-3 Licenses. As a result of the nonpayment of those gross winning bid amounts, the FCC retained those licenses.

If the winning bids from re-auction or other award of the AWS-3 licenses retained by the FCC are greater than or equal to the winning bids of SNR Wireless, no additional amounts will be owed to the FCC by SNR Wireless. However, if those winning bids are less than the winning bids of SNR Wireless, then we and our parent, EchoStar, will be responsible for the difference less any overpayment of the SNR interim payment, detailed below, (which will be recalculated as 15% of the winning bids from re-auction or other award) (the “SNR Re-Auction Payment”). For example, if the winning bids in a re-auction are $1, the SNR Re-Auction Payment would be approximately $1.029 billion, which is calculated as the difference between $1.211 billion (the SNR winning bid amounts) and $1 (the winning bids from re-auction) less the resulting $182 million overpayment of the SNR interim payment. We cannot predict with any degree of certainty the timing or outcome of any re-auction or the amount of any SNR Re-Auction Payment.

D.C. Circuit Court Opinion. On August 29, 2017, the United States Court of Appeals for the District of Columbia Circuit (the “D.C. Circuit”) in SNR Wireless LicenseCo, LLC, et al. v. Federal Communications Commission, 868 F.3d 1021 (D.C. Cir. 2017) (the “Appellate Decision”) affirmed the Order in part, and remanded the matter to the FCC to give Northstar Wireless and SNR Wireless an opportunity to seek to negotiate a cure of the issues identified by the FCC in the Order (a “Cure”). On January 26, 2018, SNR Wireless and Northstar Wireless filed a petition for a writ of certiorari, asking the United States Supreme Court to hear an appeal from the Appellate Decision, which the United States Supreme Court denied on June 25, 2018.

Order on Remand. On January 24, 2018, the FCC released an Order on Remand, DA 18-70 (the “Order on Remand”) purporting to establish a procedure to afford Northstar Wireless and SNR Wireless the opportunity to implement a Cure pursuant to the Appellate Decision. On June 8, 2018, Northstar Wireless and SNR Wireless each filed amended agreements to demonstrate that, in light of such changes, each of Northstar Wireless and SNR Wireless qualified for the very small business bidding credit that it sought in the AWS-3 Auction. Northstar Wireless and SNR Wireless filed a Joint Application for Review of the Order on Remand requesting, among other things, an iterative negotiation process with the FCC regarding a Cure, which was denied on July 12, 2018. The pleading cycle established in the Order on Remand concluded in October 2018. On November 23, 2020, the FCC issued a Memorandum Opinion and Order that concluded, among other things, that DISH Network retained de facto control over Northstar Wireless and SNR Wireless and denied the very small business bidding credit sought by Northstar Wireless and SNR Wireless, even though the parties had eliminated or significantly modified every provision previously deemed to have been disqualifying by the FCC. Northstar Wireless and SNR Wireless timely filed an appeal of the FCC’s 2020 decision. On June 21, 2022, the United States Court of Appeals for the District of Columbia issued an Opinion rejecting this challenge. On January 17, 2023, Northstar Wireless filed a petition for a writ of certiorari asking the United States Supreme Court to hear a further appeal, but that petition was denied on June 30, 2023.

For further information, refer to the Consolidated Financial Statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2023.

Contingencies

Litigation

We are involved in a number of legal proceedings (including those described below) concerning matters arising in connection with the conduct of our business activities. Many of these proceedings are at preliminary stages, and many of these proceedings seek an indeterminate amount of damages. We regularly evaluate the status of the legal proceedings in which we are involved to assess whether a loss is probable or there is a reasonable possibility that a loss or an additional loss may have been incurred and to determine if accruals are appropriate. If accruals are not appropriate, we further evaluate each legal proceeding to assess whether an estimate of the possible loss or range of possible loss can be made.

For certain cases described on the following pages, management is unable to provide a meaningful estimate of the possible loss or range of possible loss because, among other reasons: (i) the proceedings are in various stages; (ii) damages have not been sought; (iii) damages are unsupported and/or exaggerated; (iv) there is uncertainty as to the outcome of pending appeals or motions; (v) there are significant factual issues to be resolved; and/or (vi) there are novel legal issues or unsettled legal theories to be presented or a large number of parties. For these cases, however, management does not believe, based on currently available information, that the outcomes of these proceedings will have a material adverse effect on our financial condition, though the outcomes could be material to our operating results for any particular period, depending, in part, upon the operating results for such period.

ClearPlay, Inc.

On March 13, 2014, ClearPlay, Inc. (“ClearPlay”) filed a complaint against us, our wholly-owned subsidiary DISH Network L.L.C., EchoStar, and its then wholly-owned subsidiary EchoStar Technologies L.L.C., in the United States District Court for the District of Utah. The complaint alleges willful infringement of United States Patent Nos. 6,898,799 (the “799 patent”), entitled “Multimedia Content Navigation and Playback”; 7,526,784 (the “784 patent”), entitled “Delivery of Navigation Data for Playback of Audio and Video Content”; 7,543,318 (the “318 patent”), entitled “Delivery of Navigation Data for Playback of Audio and Video Content”; 7,577,970 (the “970 patent”), entitled “Multimedia Content Navigation and Playback”; and 8,117,282 (the “282 patent”), entitled “Media Player Configured to Receive Playback Filters From Alternative Storage Mediums.” ClearPlay alleges that the AutoHop™ feature of our Hopper® set-top box infringes the asserted patents. On February 11, 2015, the case was stayed pending various third-party challenges before the United States Patent and Trademark Office regarding the validity of certain of the patents asserted in the action.

In those third-party challenges, the United States Patent and Trademark Office found that all claims of the 282 patent are unpatentable, and that certain claims of the 784 patent and 318 patent are unpatentable. ClearPlay appealed as to the 784 patent and the 318 patent, and on August 23, 2016, the United States Court of Appeals for the Federal Circuit affirmed the findings of the United States Patent and Trademark Office. On October 31, 2016, the stay was lifted, and in May 2017, ClearPlay agreed to dismiss us and EchoStar as defendants, leaving DISH Network L.L.C. and DISH Technologies L.L.C. as the sole defendants.

On October 16, October 21, November 2, 2020 and November 9, 2020, DISH Network L.L.C. filed petitions with the United States Patent and Trademark Office requesting ex parte reexamination of the validity of the asserted claims of, respectively, the 784 patent, the 799 patent, the 318 patent and the 970 patent; and on November 2, November 20, December 14 and December 15, 2020, the United States Patent and Trademark Office granted each request for reexamination. On May 7, 2021, May 25, 2021, June 25, 2021 and July 7, 2021, the United States Patent and Trademark Office issued Ex Parte Reexamination Certificates confirming the patentability of the challenged claims of, respectively, the 799 patent, the 784 patent, the 318 patent and the 970 patent.

In October and November 2021, DISH Network L.L.C. filed petitions with the United States Patent and Trademark Office requesting ex parte reexamination of the validity of certain asserted claims of the 784 patent, the 799 patent and the 970 patent. In November and December 2021, the United States Patent and Trademark Office granted review of the challenged claims of the 799 patent and the 970 patent, but denied review of the challenged claims of the 784 patent. On January 24, 2022, an examiner of the United States Patent and Trademark Office affirmed the challenged claims of the 799 patent, and on January 19, 2023, an examiner of the United States Patent and Trademark Office affirmed the challenged claims of the 970 patent.

In an order dated January 31, 2023, the Court granted in part and denied in part DISH Network L.L.C.’s and DISH Technologies L.L.C.’s motion for summary judgment. Thereafter, ClearPlay narrowed its case to three asserted claims: one under the 799 patent and two under the 970 patent. Following a two-week trial, on March 10, 2023, the jury returned a verdict that DISH Network L.L.C. and DISH Technologies L.L.C. infringed each of the asserted patent claims (though not willfully), and awarded damages of $469 million. That verdict became moot on March 21, 2023, when the trial court indicated that it would grant DISH Network L.L.C.’s and DISH Technologies L.L.C.’s motion for judgment as a matter of law, thus effectively vacating the jury award. On June 2, 2023, the Court entered its formal order granting judgment as a matter of law. On December 12, 2023, the Court denied ClearPlay’s motion to alter or amend the judgment. ClearPlay has filed a notice of appeal to the United States Court of Appeals for the Federal Circuit, and briefing should be completed by November 27, 2024.

We intend to vigorously defend this case. In the event that a court ultimately determines that we infringe the asserted patents, we may be subject to substantial damages, which may include treble damages, and/or an injunction that could require us to materially modify certain features that we currently offer to consumers. We cannot predict with any degree of certainty the outcome of the suit or determine the extent of any potential liability or damages.

Data Breach Class Actions

On May 9, 2023, Susan Owen-Brooks, an alleged customer, filed a putative class action complaint against us in the United States District Court for the District of Colorado. She purports to represent a nationwide class of all individuals in the United States who allegedly had private information stolen as a result of the February 23, 2023 Cyber-security Incident (and a North Carolina statewide subclass of the same individuals). Since that filing, ten additional putative class action complaints have been filed in the United States District Court for the District of Colorado, purporting to represent the same nationwide class of people, and Owen-Brooks has filed an amended complaint. On August 2, 2023, the Court issued an order consolidating the first ten cases (the eleventh was dismissed) and, on November 16, 2023 and January 16, 2024, the plaintiffs filed consolidated amended class action complaints. On September 27, 2024, the Court granted DISH Network’s motion to dismiss the First Amended Consolidated Class Action Complaint as to eight of the eleven named plaintiffs and as to certain causes of action. On October 29, 2024, the Plaintiffs filed the operative Second Amended Consolidated Class Action Complaint, which deletes the allegations as to the dismissed plaintiffs and causes of action, leaving three named plaintiffs and causes of action for negligence, negligence per se, breach of implied contract, and declaratory judgment.

We intend to vigorously defend this case. We cannot predict with any degree of certainty the outcome of the suit or determine the extent of any potential liability or damages.

Digital Broadcasting Solutions, LLC

On August 29, 2022, Digital Broadcasting Solutions, LLC filed a complaint against our wholly-owned subsidiaries DISH Network L.L.C. and DISH Technologies L.L.C. in the United States District Court for the Eastern District of Texas. The complaint alleges infringement of U.S. Patent No. 8,929,710 (the “710 patent”) and U.S. Patent No. 9,538,122 (the “122 patent”), each entitled “System and method for time shifting at least a portion of a video program.” Generally, the plaintiff contends that the AutoHop feature of our Hopper® set-top boxes infringes the asserted patents. On June 21, 2023, the Court granted the motion of DISH Network L.L.C. and DISH Technologies L.L.C. to have the case transferred to the United States District Court for the District of Colorado.

In May 2023, DISH Network L.L.C. and DISH Technologies L.L.C. filed petitions with the United States Patent and Trademark Office challenging the validity of all claims of the 710 patent and the 122 patent and, on December 11, 2023, the United States Patent and Trademark Office entered decisions instituting each petition. On May 9, 2024, a magistrate judge issued an order granting the defendants’ motion to stay the case pending the petitions before the United States Patent and Trademark Office and any related appeals.

Entropic Communications, LLC (first action)

On March 9, 2022, Entropic Communications, LLC (“Entropic”) filed a complaint against us and our wholly-owned subsidiaries DISH Network L.L.C. and Dish Network Service L.L.C. in the United States District Court for the Eastern District of Texas. The complaint alleges infringement of U.S. Patent No. 7,130,576 (the “576 patent”), entitled “Signal Selector and Combiner for Broadband Content Distribution”; U.S. Patent No. 7,542,715 (the “715 Patent”), entitled “Signal Selector and Combiner for Broadband Content Distribution”; and U.S. Patent No. 8,792,008 (the “008 Patent”), entitled “Method and Apparatus for Spectrum Monitoring.” On March 30, 2022, Entropic filed an amended complaint alleging infringement of the same patents. Generally, the plaintiff accuses satellite antennas, low-noise block converters, signal selector and combiners, and set-top boxes and the manner in which they process signals for satellite television customers of infringing the asserted patents. The plaintiff is an entity that seeks to license a patent portfolio without itself practicing any of the claims recited therein.

On October 24, 2022, this case was ordered to be transferred to the United States District Court for the Central District of California. A companion case against DirecTV was also ordered transferred to the United States District Court for the Central District of California.

In January and February of 2023, DISH Network L.L.C. and Dish Network Service L.L.C. filed petitions with the United States Patent and Trademark Office challenging the validity of all claims of the 715 patent, all claims of the 008 patent, and 25 claims of the 576 patent, which includes all of its asserted claims. In August and September 2023, the Patent Office denied institution on the petitions challenging the 715 patent and the 576 patent. In September 2023, at the parties’ joint request, the Patent Office dismissed the petition challenging the 008 patent, as Entropic agreed to drop its claims against DISH Network on that patent. On July 12, 2024, the United States Patent and Trademark Office granted a request for reexamination of the 715 patent.

Entropic Communications, LLC (second action)

On February 10, 2023, Entropic filed a second lawsuit against us and our wholly-owned subsidiaries DISH Network L.L.C., Dish Network Service L.L.C. and Dish Network California Service Corporation in the United States District Court for the Central District of California. The complaint alleges infringement of U.S. Patent No. 7,295,518 (the “518 patent”), entitled “Broadband network for coaxial cable using multi-carrier modulation”; U.S. Patent No. 7,594,249 (the “249 patent”), entitled “Network interface device and broadband local area network using coaxial cable”; U.S. Patent Nos. 7,889,759 (the “759 patent”), entitled “Broadband cable network utilizing common bit-loading”; U.S. Patent No. 8,085,802 (the “802 Patent”), entitled “Multimedia over coaxial cable access protocol”; U.S. Patent No. 9,838,213 (the “213 patent”), entitled “Parameterized quality of service architecture in a network”; U.S. Patent No. 10,432,422 (the “422 patent”), entitled “Parameterized quality of service architecture in a network”; U.S. Patent No. 8,631,450 (the “450 patent”), entitled “Broadband local area network”; U.S. Patent No. 8,621,539 (the “539 patent”), entitled “Physical layer transmitter for use in a broadband local area network”; U.S. Patent No. 8,320,566 (the “0,566 patent”), entitled “Method and apparatus for performing constellation scrambling in a multimedia home network”; U.S. Patent No. 10,257,566 (the “7,566 patent”), entitled “Broadband local area network”; U.S. Patent No. 8,228,910 (the “910 Patent”), entitled “Aggregating network packets for transmission to a destination mode”; and U.S. Patent No. 8,363,681 (the “681 patent”), entitled “Method and apparatus for using ranging measurements in a multimedia home network.”

Generally, the patents relate to Multimedia over Coax Alliance standards and the manner in which we provide a whole-home DVR network over an on-premises coaxial cable network. Entropic has asserted the same patents in the same court against Comcast, Cox and DirecTV. On September 7, 2023, the Court granted the motion of DISH Network L.L.C., Dish Network Service L.L.C. and Dish Network California Service Corporation to dismiss the claims arising from the 7,566 patent and the 910 patent on the grounds that they claimed in eligible subject matter. In January and February 2024, DISH Network L.L.C. filed petitions with the United States Patent and Trademark Office challenging the validity of the 249 patent, the 518 patent, the 759 patent, the 450 patent, the 539 patent, the 0,566 patent, and the 681 patent. In July and August 2024, the United States Patent and Trademark Office agreed to institute proceedings on the petitions challenging the 249 patent and the 518 patent, but denied institution on the remaining petitions.

Freedom Patents

On April 7, 2023, Freedom Patents LLC filed a complaint against us and our wholly-owned subsidiaries DISH Network L.L.C. and Dish Network Service L.L.C. in the United States District Court for the Eastern District of Texas. The complaint alleges infringement of U.S. Patent No. 8,284,686 (the “686 Patent”), entitled “Antenna/Beam Selection Training in MIMO Wireless LANS with Different Sounding Frames”; U.S. Patent No. 8,374,096 (the “096 Patent”), entitled “Method for Selecting Antennas and Beams in MIMO Wireless LANs”; and U.S. Patent No. 8,514,815 (the “815 Patent”), entitled “Training Signals for Selecting Antennas and Beams in MIMO Wireless LANs.” Similar complaints were also filed against Acer, Altice, Charter, Comcast and Verizon. In general, the asserted patents relate to the 802.11 wireless standard, and the products accused of infringement are the Wireless Joey, its access point, and certain Ring, Nest and Linksys products that we sell. On March 15, 2024, the Court denied the defendants’ motion to transfer the case to the United States District Court for the District of Colorado.

On May 24, 2024, the case was dismissed pursuant to a settlement under which DISH Network, DISH Network L.L.C. and Dish Network Service L.L.C. paid an immaterial amount. This matter is now concluded.

Jones 401(k) Litigation

On December 20, 2021, four former employees filed a class action complaint in the United States District Court for the District of Colorado against us, our Board of Directors, and our Retirement Plan Committee alleging fiduciary breaches arising from the management of our 401(k) Plan. The putative class, comprised of all participants in the Plan on or after January 20, 2016, alleges that the Plan had excessive recordkeeping and administrative expenses and that it maintained underperforming funds. On February 1, 2023, a Magistrate Judge issued a recommendation that the defendants’ motion to dismiss the complaint be granted, and on March 27, 2023, the district court judge granted the motion. As permitted by the Court’s order, the plaintiffs filed an amended complaint on April 10, 2023, which is limited to allegations regarding the alleged underperformance of the Fidelity Freedom Funds. On November 7, 2023, a Magistrate Judge issued a recommendation that the defendants’ motion to dismiss the amended complaint be denied as to the duty to prudently monitor fund performance, but be granted as to the duty of loyalty and, on November 27, 2023, the district court judge entered an order adopting the recommendation. On March 1, 2024, by stipulation, the plaintiffs dismissed their claims against the Board of Directors and the Retirement Plan Committee, leaving DISH Network as the sole defendant. On April 30, 2024, pursuant to the parties’ stipulation, the Court certified the proposed plaintiff class. On October 30, 2024, pursuant to the parties’ stipulation, the Court stayed the litigation pending a mediation.

We intend to vigorously defend this case. We cannot predict with any degree of certainty the outcome of the suit or determine the extent of any potential liability or damages.

Lingam Securities Class Action (formerly Jaramillo)

On March 23, 2023, a securities fraud class action complaint was filed against us and Messrs. Ergen, Carlson and Orban in the United States District Court for the District of Colorado. The complaint is brought on behalf of a putative class of purchasers of our securities during the February 22, 2021 to February 27, 2023 class period. In general, the complaint alleges that DISH Network’s public statements during that period were false and misleading and contained material omissions, because they did not disclose that we allegedly maintained a deficient cyber-security and information technology infrastructure, were unable to properly secure customer data and our operations were susceptible to widespread service outages.

In August 2023, the Court appointed a new lead plaintiff and lead plaintiff’s counsel, and, on October 20, 2023, they filed an amended complaint that abandoned the original allegations. In their amended complaint, plaintiffs allege that, during the class period, the defendants concealed problems concerning the 5G network buildout that prevented scaling and commercializing the network to obtain enterprise customers. The amended complaint added as individual defendants James S. Allen, our Senior Vice President and Chief Accounting Officer; John Swieringa, our President, Technology and Chief Operating Officer; Dave Mayo, our former Executive Vice President of Network Development; Marc Rouanne, our former Executive Vice President and Chief Network Officer; and Stephen Bye, our former Executive Vice President and Chief Commercial Officer. After the defendants filed a motion to dismiss, the plaintiffs filed a further amended complaint, asserting the same theory, on February 23, 2024. The new complaint drops Erik Carlson, John Swieringa, Paul Orban and James Allen as individual defendants.

We intend to vigorously defend this case. We cannot predict with any degree of certainty the outcome of the suit or determine the extent of any potential liability or damages.

Quantum Technology Innovations LLC

On June 5, 2024, Quantum Technology Innovations, LLC filed a complaint in the United States District Court for the Eastern District of Texas against us alleging infringement of United States Patent No. 7,650,376, entitled “Content Distribution System for Distributing Content Over a Network, with Particular Applicability to Distributing High-Bandwidth Content.” The plaintiff is an entity that seeks to license a patent portfolio without itself practicing any of the claims recited therein. On August 8, 2024, Quantum Technology Innovations dismissed its complaint without prejudice. This matter is now concluded.

Realtime Data LLC and Realtime Adaptive Streaming LLC

On June 6, 2017, Realtime Data LLC d/b/a IXO (“Realtime”) filed an amended complaint in the United States District Court for the Eastern District of Texas (the “Original Texas Action”) against us; our wholly-owned subsidiaries DISH Network L.L.C., DISH Technologies L.L.C. (then known as EchoStar Technologies L.L.C.), Sling TV L.L.C. and Sling Media L.L.C.; EchoStar, and EchoStar’s wholly-owned subsidiary Hughes Network Systems, L.L.C. (“HNS”); and Arris Group, Inc. Realtime’s initial complaint in the Original Texas Action, filed on February 14, 2017, had named only EchoStar and HNS as defendants.

The amended complaint in the Original Texas Action alleges infringement of United States Patent No. 8,717,204 (the “204 patent”), entitled “Methods for encoding and decoding data”; United States Patent No. 9,054,728 (the “728 patent”), entitled “Data compression systems and methods”; United States Patent No. 7,358,867 (the “867 patent”), entitled “Content independent data compression method and system”; United States Patent No. 8,502,707 (the “707 patent”), entitled “Data compression systems and methods”; United States Patent No. 8,275,897 (the “897 patent”), entitled “System and methods for accelerated data storage and retrieval”; United States Patent No. 8,867,610 (the “610 patent”), entitled “System and methods for video and audio data distribution”; United States Patent No. 8,934,535 (the “535 patent”), entitled “Systems and methods for video and audio data storage and distribution”; and United States Patent No. 8,553,759 (the “759 patent”), entitled “Bandwidth sensitive data compression and decompression.”

Realtime alleges that our, Sling TV L.L.C.’s, Sling Media L.L.C.’s and Arris Group, Inc.’s streaming video products and services compliant with various versions of the H.264 video compression standard infringe the 897 patent, the 610 patent and the 535 patent, and that the data compression system in HNS’ products and services infringes the 204 patent, the 728 patent, the 867 patent, the 707 patent and the 759 patent.

On July 19, 2017, the Court severed Realtime’s claims against us, DISH Network L.L.C., Sling TV L.L.C., Sling Media L.L.C. and Arris Group, Inc. (alleging infringement of the 897 patent, the 610 patent and the 535 patent) from the Original Texas Action into a separate action in the United States District Court for the Eastern District of Texas (the “Second Texas Action”). On August 31, 2017, Realtime dismissed the claims against us, Sling TV L.L.C., Sling Media Inc., and Sling Media L.L.C. from the Second Texas Action and refiled these claims (alleging infringement of the 897 patent, the 610 patent and the 535 patent) against Sling TV L.L.C., Sling Media Inc., and Sling Media L.L.C. in a new action in the United States District Court for the District of Colorado (the “Colorado Action”). Also on August 31, 2017, Realtime dismissed DISH Technologies L.L.C. from the Original Texas Action, and on September 12, 2017, added it as a defendant in an amended complaint in the Second Texas Action. On November 6, 2017, Realtime filed a joint motion to dismiss the Second Texas Action without prejudice, which the Court entered on November 8, 2017.

On October 10, 2017, Realtime Adaptive Streaming LLC (“Realtime Adaptive Streaming”) filed suit against our wholly-owned subsidiaries DISH Network L.L.C. and DISH Technologies L.L.C., as well as Arris Group, Inc., in a new action in the United States District Court for the Eastern District of Texas (the “Third Texas Action”), alleging infringement of the 610 patent and the 535 patent. Also on October 10, 2017, an amended complaint was filed in the Colorado Action, substituting Realtime Adaptive Streaming as the plaintiff instead of Realtime, and alleging infringement of only the 610 patent and the 535 patent, but not the 897 patent. On November 6, 2017, Realtime Adaptive Streaming filed a joint motion to dismiss the Third Texas Action without prejudice, which the court entered on November 8, 2017. Also on November 6, 2017, Realtime Adaptive Streaming filed a second amended complaint in the Colorado Action, adding our wholly-owned subsidiaries DISH Network L.L.C. and DISH Technologies L.L.C., as well as Arris Group, Inc., as defendants.

As a result, neither we nor any of our subsidiaries is a defendant in the Original Texas Action; the Court has dismissed without prejudice the Second Texas Action and the Third Texas Action; and our wholly-owned subsidiaries DISH Network L.L.C., DISH Technologies L.L.C., Sling TV L.L.C. and Sling Media L.L.C. as well as Arris Group, Inc., are defendants in the Colorado Action, which now has Realtime Adaptive Streaming as the named plaintiff. Following settlements with the plaintiff, EchoStar and HNS were dismissed from the Original Texas Action in February 2019, and Arris Group, Inc. was dismissed from the Colorado Action in March 2021.

On July 3, 2018, Sling TV L.L.C., Sling Media L.L.C., DISH Network L.L.C., and DISH Technologies L.L.C. filed petitions with the United States Patent and Trademark Office challenging the validity of each of the asserted patents. On January 31, 2019, the United States Patent and Trademark Office agreed to institute proceedings on our petitions, and it held trial on the petitions on December 5, 2019. On January 17, 2020, the United States Patent and Trademark Office terminated the petitions as time-barred, but issued a final written decision invalidating the 535 patent to third parties that had timely joined in our petition (and, on January 10, 2020, issued a final written decision invalidating the 535 patent in connection with a third party’s independent petition). On March 16, 2020, Sling TV L.L.C., Sling Media L.L.C., DISH Network L.L.C., and DISH Technologies L.L.C. filed a notice of appeal from the terminated petitions to the United States Court of Appeals for the Federal Circuit. On June 29, 2020, the United States Patent and Trademark Office filed a notice of intervention in the appeal. On March 16, 2021, the Court of Appeals dismissed the appeal for lack of jurisdiction. On April 29, 2021, Sling TV L.L.C., Sling Media L.L.C., DISH Network L.L.C., and DISH Technologies L.L.C. filed a petition for rehearing, which was denied on June 28, 2021. On January 12, 2021, Realtime Adaptive Streaming filed a notice of dismissal of its claims on the 535 patent.

On July 30, 2021, the District Court granted summary judgment in favor of DISH Network L.L.C., DISH Technologies L.L.C., Sling TV L.L.C. and Sling Media L.L.C., holding that the remaining asserted patent, the 610 patent, is invalid because it claims patent-ineligible abstract subject matter. Realtime Adaptive Streaming appealed that ruling to the United States Court of Appeals for the Federal Circuit, and on May 11, 2023, that Court affirmed the District Court’s summary judgment order. Independently, on September 21, 2021, in connection with an ex parte reexamination of the validity of the 610 patent, an examiner at the United States Patent and Trademark Office issued a final office action rejecting each asserted claim of the 610 patent as invalid over the cited prior art. On April 19, 2023, the Patent Trial and Appeal Board rejected Realtime Adaptive Streaming’s appeal and affirmed the examiner’s rejection of the asserted claims of the 610 patent. Realtime did not further appeal the Patent Trial and Appeal Board’s determination and, thus, the asserted claims of the 610 patent were canceled. As a result, DISH Network L.L.C., DISH Technologies L.L.C., Sling TV L.L.C. and Sling Media L.L.C. no longer face any possible exposure from this matter, and the liability phase of this case is concluded.

On January 21, 2022, the District Court granted the motion by DISH Network L.L.C., DISH Technologies L.L.C., Sling TV L.L.C. and Sling Media L.L.C. to have the case declared “exceptional,” and on September 20, 2022, awarded them $3.9 million in attorneys’ fees. Realtime Adaptive Streaming filed a notice of appeal to the United States Court of Appeals for the Federal Circuit from the exceptionality and fee award orders, and on August 23, 2024, that Court vacated the exceptionality finding and remanded for further consideration of the issue. On October 23, 2024, DISH Network L.L.C., DISH Technologies L.L.C., Sling TV L.L.C. and Sling Media L.L.C. filed a petition with the United States Court of Appeals for the Federal Circuit seeking rehearing en banc.

SafeCast Limited

On June 27, 2022, SafeCast Limited filed a complaint against us in the United States District Court for the Western District of Texas. The complaint alleges that we infringe U.S. Patent No. 9,392,302, entitled “System for providing improved facilities in time-shifted broadcasts” (the “302 patent”). On the same day, it brought complaints in the same court asserting infringement of the same patent against AT&T, Google, HBO, NBCUniversal, Paramount and Verizon. On October 24, 2022, in response to the parties’ joint motion, the Court ordered the case against us transferred to the United States District Court for the District of Colorado. On December 1, 2022, SafeCast filed an amended complaint naming our wholly-owned subsidiaries DISH Network L.L.C. and DISH Technologies L.L.C. as defendants and withdrawing the allegations as to us. The plaintiff is an entity that seeks to license a patent portfolio without itself practicing any of the claims recited therein. On June 22, 2023, DISH Network L.L.C. and DISH Technologies L.L.C. filed a petition with the United States Patent and Trademark Office challenging the validity of the asserted claims of the 302 patent, and on June 26, 2024, the United States Patent and Trademark Office agreed to institute proceedings on that petition. On August 28, 2023, the Court stayed the case pending resolution of the petition. On October 3, 2024, in connection with a third party’s petition citing different prior art, the United States Patent and Trademark Office invalidated all claims asserted against DISH Network L.L.C. and DISH Technologies L.L.C. but that decision remains subject to a potential appeal.

We intend to vigorously defend this case. In the event that a court ultimately determines that we infringe the asserted patent, we may be subject to substantial damages, which may include treble damages, and/or an injunction that could require us to materially modify certain features that we currently offer to consumers. We cannot predict with any degree of certainty the outcome of the suit or determine the extent of any potential liability or damages.

Sound View Innovations, LLC

On December 30, 2019, Sound View Innovations, LLC filed one complaint against our wholly-owned subsidiaries DISH Network L.L.C. and DISH Technologies L.L.C. and a second complaint against our wholly-owned subsidiary Sling TV L.L.C. in the United States District Court for the District of Colorado. The complaint against DISH Network L.L.C. and DISH Technologies L.L.C. alleges infringement of United States Patent No 6,502,133 (the “133 patent”), entitled “Real-Time Event Processing System with Analysis Engine Using Recovery Information” and both complaints allege infringement of United States Patent No. 6,708,213 (the “213 patent), entitled “Method for Streaming Multimedia Information Over Public Networks”; United States Patent No. 6,757,796 (the “796 patent”), entitled “Method and System for Caching Streaming Live Broadcasts transmitted Over a Network”; and United States Patent No. 6,725,456 (the “456 patent”), entitled “Methods and Apparatus for Ensuring Quality of Service in an Operating System.” All but the 133 patent are also asserted in the complaint against Sling TV L.L.C. The plaintiff is an entity that seeks to license a patent portfolio without itself practicing any of the claims recited therein.

On May 21, 2020, June 3, 2020, June 5, 2020 and July 10, 2020, DISH Network L.L.C., DISH Technologies L.L.C. and Sling TV L.L.C. filed petitions with the United States Patent and Trademark Office challenging the validity of, respectively, the 213 patent, the 133 patent, the 456 patent and the 796 patent. On November 25, 2020, the United States Patent and Trademark Office declined to review the validity of the 213 patent, and on September 29, 2021, denied a request for rehearing of that decision. On January 19, 2021, the United States Patent and Trademark Office agreed to institute proceedings on the 456 patent but declined to review the 133 patent. On February 24, 2021, the United States Patent and Trademark Office agreed to institute proceedings on the 796 patent. On January 18, 2022, the United States Patent and Trademark Office issued a final written decision holding that the challenged claim of the 456 patent is patentable, and on February 8, 2022, it issued a final written decision holding that the challenged claims of the 796 patent are patentable.

On March 22, 2022, DISH Network L.L.C., DISH Technologies L.L.C. and Sling TV L.L.C. filed a notice of appeal to the United States Court of Appeals for the Federal Circuit from the adverse final written decision regarding the 456 patent, and on April 8, 2022, they filed a notice of appeal to the same court from the adverse final written decision regarding the 796 patent. The appeal on the 456 patent was voluntarily dismissed on December 6, 2022. The Federal Circuit heard oral argument on the 796 patent appeal on October 3, 2023, and affirmed the United States Patent and Trademark Office’s adverse final written decision on October 5, 2023.

On April 20, 2022, DISH Network L.L.C., DISH Technologies L.L.C. and Sling TV L.L.C. filed a petition with the United States Patent and Trademark Office requesting ex parte reexamination of the validity of one of the asserted claims of the 213 patent, and reexamination was ordered on June 16, 2022. On January 18, 2023, they filed another petition requesting ex parte reexamination of the validity of the four additional asserted claims of the 213 patent, and reexamination was ordered on April 17, 2023. On November 13, 2023, the United States Patent and Trademark Office confirmed the patentability of the claim challenged in our first petition. On October 17, 2024, the Court ordered that the stay of the case, which had been entered for the pendency of the petitions before the United States Patent and Trademark Office, would remain in place pending the outcome of Sound View’s appeal in a parallel action against Hulu.

We intend to vigorously defend these cases. In the event that a court ultimately determines that we infringe the asserted patents, we may be subject to substantial damages, which may include treble damages, and/or an injunction that could require us to materially modify certain features that we currently offer to consumers. We cannot predict with any degree of certainty the outcome of the suit or determine the extent of any potential liability or damages.

State of Illinois ex rel. Rodriguez

In March 2020, two private “relators” filed this case in the Circuit Court of Cook County Illinois, County Department, Law Division, under the Illinois False Claims Act against DISH Wireless, Sprint and more than 60 Boost Mobile retailers in Illinois. The defendants only became aware of the lawsuit after it was unsealed in March 2022. The operative Second Amended Complaint alleges that the retailer defendants should have collected sales tax under the Retailers’ Occupation Tax Act on any amounts that Sprint or DISH Network rebated them to facilitate handset price discounts to Illinois consumers (“Prepaid Phone Rebates”) and on any phone activation fees the retailers charged to customers (“Device Setup Charges”). It further alleges that DISH Wireless and Sprint are liable for the alleged violations arising from the Device Setup Charges because of the way they allegedly managed the point-of-sale system that the retailer defendants used. The Plaintiffs seek to recover triple the amount of allegedly unpaid taxes, fines for each alleged violation, and attorneys’ fees and costs.

On June 13, 2023, the Court denied the defendants’ motions to dismiss the complaint, but on January 2, 2024, it granted reconsideration and dismissed the complaint as to DISH Wireless and Sprint, with leave to amend. The Plaintiffs filed a Third Amended Complaint on February 2, 2024. On September 20, 2024, the Court granted DISH Wireless’s and Sprint’s motion to dismiss the Third Amended Complaint, without further leave to amend

We intend to vigorously defend this case. We cannot predict with any degree of certainty the outcome of the suit or determine the extent of any potential liability or damages.

TQ Delta, LLC

On July 17, 2015, TQ Delta, LLC (“TQ Delta”) filed a complaint against us and our wholly-owned subsidiaries DISH DBS Corporation and DISH Network L.L.C. in the United States District Court for the District of Delaware. The Complaint alleges infringement of United States Patent No. 6,961,369 (the “369 patent”), which is entitled “System and Method for Scrambling the Phase of the Carriers in a Multicarrier Communications System”; United States Patent No. 8,718,158 (the “158 patent”), which is entitled “System and Method for Scrambling the Phase of the Carriers in a Multicarrier Communications System”; United States Patent No. 9,014,243 (the “243 patent”), which is entitled “System and Method for Scrambling Using a Bit Scrambler and a Phase Scrambler”; United States Patent No.7,835,430 (the “430 patent”), which is entitled “Multicarrier Modulation Messaging for Frequency Domain Received Idle Channel Noise Information”; United States Patent No. 8,238,412 (the “412 patent”), which is entitled “Multicarrier Modulation Messaging for Power Level per Subchannel Information”; United States Patent No. 8,432,956 (the “956 patent”), which is entitled “Multicarrier Modulation Messaging for Power Level per Subchannel Information”; and United States Patent No. 8,611,404 (the “404 patent”), which is entitled “Multicarrier Transmission System with Low Power Sleep Mode and Rapid-On Capability.”

On September 9, 2015, TQ Delta filed a first amended complaint that added allegations of infringement of United States Patent No. 9,094,268 (the “268 patent”), which is entitled “Multicarrier Transmission System With Low Power Sleep Mode and Rapid-On Capability.” On May 16, 2016, TQ Delta filed a second amended complaint that added EchoStar Corporation and its then wholly-owned subsidiary EchoStar Technologies L.L.C. as defendants. TQ Delta alleges that our satellite TV service, Internet service, set-top boxes, gateways, routers, modems, adapters and networks that operate in accordance with one or more Multimedia over Coax Alliance Standards infringe the asserted patents.

TQ Delta has filed actions in the same court alleging infringement of the same patents against Comcast Corp., Cox Communications, Inc., DirecTV, Time Warner Cable Inc. and Verizon Communications, Inc. TQ Delta is an entity that seeks to license an acquired patent portfolio without itself practicing any of the claims recited therein.

On July 14, 2016, TQ Delta stipulated to dismiss with prejudice all claims related to the 369 patent and the 956 patent. On July 20, 2016, we filed petitions with the United States Patent and Trademark Office challenging the validity of all of the patent claims of the 404 patent and the 268 patent that have been asserted against us. Third parties filed petitions with the United States Patent and Trademark Office challenging the validity of all of the patent claims that have been asserted against us in the action. On November 4, 2016, the United States Patent and Trademark Office agreed to institute proceedings on the third-party petitions related to the 158 patent, the 243 patent, the 412 patent and the 430 patent.

On December 20, 2016, pursuant to a stipulation of the parties, the Court stayed the case until the resolution of all petitions to the United States Patent and Trademark Office challenging the validity of all of the patent claims at issue. On January 19, 2017, the United States Patent and Trademark Office granted our motions to join the instituted petitions on the 430 and 158 patents.

On February 9, 2017, the United States Patent and Trademark Office agreed to institute proceedings on our petition related to the 404 patent, and on February 13, 2017, the United States Patent and Trademark Office agreed to institute proceedings on our petition related to the 268 patent. On February 27, 2017, the United States Patent and Trademark Office granted our motions to join the instituted petitions on the 243 and 412 patents. On October 26, 2017, the United States Patent and Trademark Office issued final written decisions on the petitions challenging the 158 patent, the 243 patent, the 412 patent and the 430 patent, and it invalidated all of the asserted claims of those patents.

On February 7, 2018, the United States Patent and Trademark Office issued final written decisions on the petitions challenging the 404 patent, and it invalidated all of the asserted claims of that patent on the basis of our petition. On February 10, 2018, the United States Patent and Trademark Office issued a final written decision on our petition challenging the 268 patent, and it invalidated all of the asserted claims.

On March 12, 2018, the United States Patent and Trademark Office issued a final written decision on a third-party petition challenging the 268 patent, and it invalidated all of the asserted claims. TQ Delta filed notices of appeal from the final written decisions adverse to it. On May 9, 2019, the United States Court of Appeals for the Federal Circuit affirmed the invalidity of the 430 patent and the 412 patent. On July 10, 2019, the United States Court of Appeals for the Federal Circuit affirmed the invalidity of the asserted claims of the 404 patent. On July 15, 2019, the United States Court of Appeals for the Federal Circuit affirmed the invalidity of the asserted claims of the 268 patent. On November 22, 2019, the United States Court of Appeals for the Federal Circuit reversed the invalidity finding on the 243 patent and the 158 patent, and then, on March 29, 2020, denied a petition for panel rehearing as to those findings. On April 13, 2021, the Court lifted the stay, and the case is proceeding on the 243 patent and the 158 patent. On April 23 and April 26, 2021, the United States Patent and Trademark Office issued orders granting requests for ex parte reexamination of, respectively, the 243 patent and the 158 patent, but on July 27, 2023 and October 11, 2023, respectively, the United States Patent and Trademark Office confirmed the challenged claims of the 243 patent and the 158 patent. In a proposed supplemental report, TQ Delta’s damages expert contends that TQ Delta is entitled to $251 million in damages.

Uniloc 2017 LLC

On January 31, 2019, Uniloc 2017 LLC (“Uniloc”) filed a complaint against our wholly-owned subsidiary Sling TV L.L.C. in the United States District Court for the District of Colorado. The Complaint alleges infringement of United States Patent No. 6,519,005 (the “005 patent”), which is entitled “Method of Concurrent Multiple-Mode Motion Estimation for Digital Video”; United States Patent No. 6,895,118 (the “118 patent”), which is entitled “Method of Coding Digital Image Based on Error Concealment”; United States Patent No. 9,721,273 (the “273 patent”), which is entitled “System and Method for Aggregating and Providing Audio and Visual Presentations Via a Computer Network”); and United States Patent No. 8,407,609 (the “609 patent”), which is entitled “System and Method for Providing and Tracking the Provision of Audio and Visual Presentations Via a Computer Network.” Uniloc is an entity that seeks to license an acquired patent portfolio without itself practicing any of the claims recited therein.

On June 25, 2019, Sling TV L.L.C. filed a petition with the United States Patent and Trademark Office challenging the validity of all of the asserted claims of the 005 patent. On July 19, 2019 and July 22, 2019, respectively, Sling TV L.L.C. filed petitions with the United States Patent and Trademark Office challenging the validity of all asserted claims of the 273 patent and the 609 patent. On August 12, 2019, Sling TV L.L.C. filed a petition with the United States Patent and Trademark Office challenging the validity of all of the asserted claims of the 118 patent. On October 18, 2019, pursuant to a stipulation of the parties, the Court entered a stay of the trial proceedings.

On January 9, 2020, the United States Patent and Trademark Office agreed to institute proceedings on the petition challenging the 005 patent. On January 15, 2020, the United States Patent and Trademark Office agreed to institute proceedings on the petition challenging the 273 patent. On February 4, 2020, the United States Patent and Trademark Office agreed to institute proceedings on the petition challenging the 609 patent. On February 25, 2020, the United States Patent and Trademark Office declined to institute proceedings on the petition challenging the 118 patent.

On December 28, 2020, the United States Patent and Trademark Office issued a final written decision upholding the validity of the challenged claims of the 273 patent. Sling TV L.L.C. appealed that decision to the United States Court of Appeals for the Federal Circuit, and on February 2, 2022, the Federal Circuit vacated the final written decision and remanded to the United States Patent and Trademark Office to reconsider its ruling. On remand, on September 7, 2022, the United States Patent and Trademark Office issued a revised final written decision finding all challenged claims of the 273 patent invalid. Uniloc filed a notice of appeal of that revised final written decision to the United States Court of Appeals for the Federal Circuit, and on September 4, 2024, that court affirmed the United States Patent and Trademark Office’s invalidity finding.

On January 5, 2021, the United States Patent and Trademark Office issued a final written decision invalidating all challenged claims of the 005 patent. On January 19, 2021, the United States Patent and Trademark Office issued a final written decision invalidating all challenged claims of the 609 patent (and a second final written decision invalidating all challenged claims of the 609 patent based on a third party’s petition). Uniloc did not appeal those decisions. Thus, the sole remaining asserted patent is the 118 patent.

U.S. Bank Trust Company

On April 26, 2024, U.S. Bank Trust Company, in its capacity as Trustee under the Indentures for DISH DBS Corporation’s 5.75% Senior Secured Notes due 2028 and 7.75% Senior Notes due 2026, filed an action in state court in New York City against DISH DBS Corporation, DISH Network L.L.C., EchoStar Intercompany Receivable Company L.L.C., DISH DBS Issuer LLC, and DBS Intercompany Receivable L.L.C. In its complaint, the Trustee contends that certain intracompany asset transfers in January 2024 breached the Indentures for those Notes, and that the transfers were intentional and constructive fraudulent transfers under the Colorado Uniform Fraudulent Transfer Act. The Trustee seeks a declaratory judgment that DISH DBS Corporation breached the Indentures and that an Event of Default occurred under the DBS Indentures. It further asks the Court to unwind certain intracompany asset transfers and to award damages. On May 13, 2024, the defendants removed the case to the United States District Court for the Southern District of New York and, on June 28, 2024, filed a motion to dismiss the complaint. Rather than opposing the motion, on July 18, 2024, the Trustee filed an amended complaint, which added a new declaratory judgment claim challenging certain intercompany advances. The defendants filed a renewed motion to dismiss the amended complaint on August 15, 2024.

We intend to vigorously defend this case. We cannot predict with any degree of certainty the outcome of the suit or determine the extent of any potential liability or damages.

Vermont National Telephone Company

On September 23, 2016, the United States District Court for the District of Columbia unsealed a qui tam complaint that, on May 13, 2015, Vermont National filed against us; our wholly-owned subsidiaries, American AWS-3 Wireless I L.L.C., American II, American III, and DISH Wireless Holding L.L.C.; Charles W. Ergen (our Chairman) and Cantey M. Ergen (a member of our Board of Directors, at that time); Northstar Wireless; Northstar Spectrum; Northstar Manager; SNR Wireless; SNR HoldCo; SNR Management; and certain other parties. The complaint alleges violations of the federal civil False Claims Act (the “FCA”) based on, among other things, allegations that Northstar Wireless and SNR Wireless falsely claimed bidding credits of 25% in the AWS-3 Auction when they were allegedly under the de facto control of DISH Network and, therefore, were not entitled to the bidding credits as designated entities under applicable FCC rules. Vermont National participated in the AWS-3 Auction through its wholly-owned subsidiary, VTel Wireless. The complaint was unsealed after the United States Department of Justice notified the District Court that it had declined to intervene in the action. Vermont National seeks to recover on behalf of the United States government approximately $10 billion, which reflects the $3.3 billion in bidding credits that Northstar Wireless and SNR Wireless claimed in the AWS-3 Auction, trebled under the FCA. Vermont National also seeks civil penalties of not less than $5,500 and not more than $11,000 for each violation of the FCA. On March 2, 2017, the United States District Court for the District of Columbia entered a stay of the litigation until such time as the United States Court of Appeals for the District of Columbia (the “D.C. Circuit”) issued its opinion in SNR Wireless LicenseCo, LLC, et al. v. F.C.C. The D.C. Circuit issued its opinion on August 29, 2017 and remanded the matter to the FCC for further proceedings.

Thereafter, the District Court maintained the stay until October 26, 2018. On February 11, 2019, the District Court granted Vermont National’s unopposed motion for leave to file an amended complaint. On March 28, 2019, the defendants filed a motion to dismiss Vermont National’s amended complaint, and on March 23, 2021, the District Court granted the motion to dismiss. On April 21, 2021, Vermont National filed a notice of appeal to the United States Court of Appeals for the DC Circuit and, on May 17, 2022, that court reversed the District Court’s dismissal of the complaint. On June 16, 2022, the Defendants-Appellees filed a petition for rehearing or rehearing en banc, but on August 17, 2022, that petition was denied. On August 25, 2023, the FCC provided a sworn declaration stating that “the FCC considers … SNR and Northstar to have fully and timely satisfied their obligations to pay money to the Government arising from the AWS-3 Auction.”

On that basis, on September 22, 2023, the Defendants filed a motion seeking partial summary judgment of no damages. On September 26, 2023, the Court denied the motion as premature. On March 8, 2024, the United States filed a motion to exercise its statutory prerogative to intervene in the case for the purpose of moving to dismiss it with prejudice, stating that the case is “unlikely to vindicate the United States’ interests and would needlessly expend the Government’s and this Court’s resources.”

We intend to vigorously defend this case. We cannot predict with any degree of certainty the outcome of this proceeding or determine the extent of any potential liability or damages.

Other

In addition to the above actions, we are subject to various other legal proceedings and claims that arise in the ordinary course of business, including, among other things, disputes with programmers regarding fees. In our opinion, the amount of ultimate liability with respect to any of these actions is unlikely to materially affect our financial condition, results of operations or liquidity, though the outcomes could be material to our operating results for any particular period, depending, in part, upon the operating results for such period.

Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investments (Tables)

9 Months Ended

Sep. 30, 2024

Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investments

Schedule of marketable investment securities, restricted cash and cash equivalents, and other investments


	As of
	September 30,		December 31,
	2024		2023

	(In thousands)
Marketable investment securities:
Current marketable investment securities:
Strategic - available-for-sale	$	51	$	144
Strategic - trading/equity		10		7,799
Other		111		179
Total current marketable investment securities		172		8,122
Restricted marketable investment securities (1)		10,785		19,772
Total marketable investment securities		10,957		27,894

Restricted cash and cash equivalents (1) (2)		2,162,117		89,107

Other investments, net:
Equity method investments (3)		19,388		126,179
Cost method investments		5,648		3,448
Fair value method investments		39,291		39,198
Total other investments, net		64,327		168,825

Total marketable investment securities, restricted cash and cash equivalents, and other investments, net	$	2,237,401	$	285,826

(1)	Restricted marketable investment securities and restricted cash and cash equivalents are included in “Current restricted cash and cash equivalents” and “Restricted cash, cash equivalents and marketable investment securities” on our Condensed Consolidated Balance Sheets.

(2)	Includes $2.047 billion in proceeds received from the New DBS Financing, as detailed and defined in Note 8.

(3)	This change primarily resulted from the Sale and Transfer of Assets to EchoStar, see Note 1 for further information, and the decrease in our Invidi Technologies Corporation investment, discussed below.

Schedule of fair value measurements


	As of
	September 30, 2024								December 31, 2023
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3

	(In thousands)
Cash equivalents (including restricted)	$	2,168,058	$	85,330	$	2,082,728	$	—	$	347,976	$	304,410	$	43,566	$	—

Debt securities (including restricted):
U.S. Treasury and agency securities	$	10,785	$	10,785	$	—	$	—	$	7,567	$	7,567	$	—	$	—
Commercial paper		—		—		—		—		7,500		—		7,500		—
Corporate securities		—		—		—		—		4,705		—		4,705		—
Other		162		—		111		51		323		—		179		144
Equity securities		10		10		—		—		7,799		7,799		—		—
Total	$	10,957	$	10,795	$	111	$	51	$	27,894	$	15,366	$	12,384	$	144

Schedule of gains and losses on sales and changes in carrying amounts of investments and other


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
Other, net:	2024		2023		2024		2023

	(In thousands)
Marketable and non-marketable investment securities - realized and unrealized gains (losses)	$	(8)	$	20	$	(922)	$	1,432
Sale of Assets to EchoStar - realized gains (losses)		—		—		128,788		—
Derivative instruments - net realized and/or unrealized gains (losses)		—		(155,133)		—		(192,107)
Gains (losses) related to early redemption of debt		—		4,480		—		72,566
Equity in earnings (losses) of affiliates		(3,345)		(1,216)		(68,257)		(3,596)
Liberty Puerto Rico Asset Sale (Note 9)		21,310		—		21,310		—
Other		62		352		(35)		979
Total	$	18,019	$	(151,497)	$	80,884	$	(120,726)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Cash Flows From Operating Activities:
Net income (loss)	$ (210,508)	$ (116,839)	$ (432,563)	$ 348,823
Adjustments to reconcile net income (loss) to net cash flows from operating activities:
Depreciation and amortization	364,199	294,797	1,122,383	806,504
Realized and unrealized losses (gains) on investments, impairments and other			922	(73,998)
Realized and unrealized losses (gains) on derivatives				192,107
Realized losses (gains) on Sale of Assets to EchoStar			(128,788)
Liberty Puerto Rico Asset Sale losses (gains)			(21,310)
Non-cash, stock-based compensation			19,250	29,488
Deferred tax expense (benefit)			(104,080)	95,526
Equity in (earnings) losses of affiliates	3,345	1,216	68,257	3,596
Changes in allowance for credit losses			13,073	7,275
Change in long-term deferred revenue and other long-term liabilities			88,123	18,786
Other, net			101,679	126,041
Changes in current assets and current liabilities, net			147,544	163,948
Net cash flows from operating activities			874,490	1,718,096
Cash Flows From Investing Activities:
Purchases of marketable investment securities			(17,987)	(1,368,964)
Sales and maturities of marketable investment securities			34,118	1,942,010
Purchases of property and equipment (Note 6)			(977,141)	(2,326,883)
Capitalized interest related to regulatory authorizations (Note 2)			(491,094)	(747,743)
Purchases of regulatory authorizations, including deposits			(1,104)	(1,802)
Sale of Assets to EchoStar (Note 1)			245,800
700 MHz Spectrum Sale to EchoStar (Note 1)			1,036,500
Liberty Puerto Rico Asset Sale (Note 9)			95,435
Other, net (Note 6)			(36,429)	5,115
Net cash flows from investing activities			(111,902)	(2,498,267)
Cash Flows From Financing Activities:
Repayment of long-term debt, finance lease and other obligations			(97,205)	(95,789)
Redemption and repurchases of convertible and senior notes			(951,170)	(1,634,084)
Proceeds from issuance of senior notes				1,500,000
Debt issuance costs and debt (discount) premium				21,635
Proceeds from New DISH DBS Financing (Note 9)			2,500,000
Debt issuance costs and debt (discount) premium from New DISH DBS Financing			(136,208)
Early debt extinguishment gains (losses) of convertible and senior notes				72,566
Net proceeds from Class A common stock options exercised and stock issued under the Employee Stock Purchase Plan				8,617
Other, net			(61)	(4,670)
Net cash flows from financing activities			1,315,356	(131,725)
Net increase (decrease) in cash, cash equivalents, restricted cash and cash equivalents			2,077,944	(911,896)
Cash, cash equivalents, restricted cash and cash equivalents, beginning of period (Note 4)			462,748	1,847,981	$ 1,847,981
Cash, cash equivalents, restricted cash and cash equivalents, end of period (Note 4)	$ 2,540,692	$ 936,085	2,540,692	$ 936,085	$ 462,748
Liberty Puerto Rico Asset Sale losses (gains)
Cash Flows From Investing Activities:
Liberty Puerto Rico Asset Sale (Note 9)			$ 95,000

Debt and Finance Lease Obligations - Fair Value of Long-Term Debt (Details) - USD ($) $ in Thousands			1 Months Ended
	Mar. 15, 2024	Jan. 10, 2024	Mar. 31, 2024	Jan. 31, 2024	Sep. 30, 2024	Sep. 29, 2024	Dec. 31, 2023	Dec. 21, 2020	Aug. 08, 2016
Debt Instrument
Fair Value					$ 25,228,376		$ 16,539,765
Unamortized deferred financing costs and other debt discounts, net					(189,909)		(67,215)
Finance lease obligations					74,009		123,658
Total long-term debt and finance lease obligations (including current portion)					$ 27,313,226		$ 21,219,717
2 3/8% Convertible Notes due 2024
Debt Instrument
Interest rate (as a percent)	2.375%				2.375%		2.375%
0% Convertible Notes due 2025
Debt Instrument
Interest rate (as a percent)					0.00%
3 3/8% Convertible Notes due 2026
Debt Instrument
Interest rate (as a percent)					3.375%		3.375%
Aggregate principal amount									$ 3,000,000
5 1/4% Senior Secured Notes due 2026
Debt Instrument
Interest rate (as a percent)					5.25%
11 3/4% Senior Secured Notes due 2027
Debt Instrument
Interest rate (as a percent)					11.75%		11.75%
5 3/4% Senior Secured Notes due 2028
Debt Instrument
Interest rate (as a percent)					5.75%
Intercompany Loan
Debt Instrument
Carrying Value					$ 4,767,289
Fair Value					4,767,289
Additional debt		$ 4,700,000	$ 4,700,000	$ 4,700,000
Subtotal
Debt Instrument
Carrying Value					27,365,829		$ 21,049,710
Fair Value					25,165,079		16,426,201
DISH DBS Corporation ("DBS") \| 2 3/8% Convertible Notes due 2024
Debt Instrument
Carrying Value							951,168
Fair Value							944,034
Redemption percent of principal amount	2.375%
DISH DBS Corporation ("DBS") \| 5 7/8% Senior Notes due 2024
Debt Instrument
Carrying Value					1,982,544		1,982,544
Fair Value					$ 1,978,559		$ 1,872,275
Interest rate (as a percent)					5.875%	5.875%	5.875%
DISH DBS Corporation ("DBS") \| 0% Convertible Notes due 2025
Debt Instrument
Carrying Value					$ 1,957,197		$ 1,957,197
Fair Value					$ 1,702,761		1,228,141
Interest rate (as a percent)					0.00%
Aggregate principal amount								$ 2,000,000
DISH DBS Corporation ("DBS") \| 7 3/4% Senior Notes due 2026
Debt Instrument
Carrying Value					$ 2,000,000		2,000,000
Fair Value					$ 1,718,660		$ 1,388,060
Interest rate (as a percent)					7.75%		7.75%
DISH DBS Corporation ("DBS") \| 3 3/8% Convertible Notes due 2026
Debt Instrument
Carrying Value					$ 2,908,799		$ 2,908,801
Fair Value					$ 2,367,035		1,570,753
Interest rate (as a percent)					3.375%
DISH DBS Corporation ("DBS") \| 5 1/4% Senior Secured Notes due 2026
Debt Instrument
Carrying Value					$ 2,750,000		2,750,000
Fair Value					$ 2,536,875		$ 2,366,073
Interest rate (as a percent)					5.25%		5.25%
DISH DBS Corporation ("DBS") \| 11 3/4% Senior Secured Notes due 2027
Debt Instrument
Carrying Value					$ 3,500,000		$ 3,500,000
Fair Value					3,683,750		3,668,980
DISH DBS Corporation ("DBS") \| 7 3/8% Senior Notes due 2028
Debt Instrument
Carrying Value					1,000,000		1,000,000
Fair Value					$ 729,150		$ 600,160
Interest rate (as a percent)					7.375%		7.375%
DISH DBS Corporation ("DBS") \| 5 3/4% Senior Secured Notes due 2028
Debt Instrument
Carrying Value					$ 2,500,000		$ 2,500,000
Fair Value					$ 2,200,000		$ 2,013,125
Interest rate (as a percent)					5.75%		5.75%
DISH DBS Corporation ("DBS") \| 5 1/8 % Senior Notes due 2029
Debt Instrument
Carrying Value					$ 1,500,000		$ 1,500,000
Fair Value					$ 981,000		$ 774,600
Interest rate (as a percent)					5.125%		5.125%
DISH DBS Corporation ("DBS") \| Mortgages and other notes payable
Debt Instrument
Carrying Value					$ 63,297		$ 113,564
Fair Value					63,297		$ 113,564
DBS Subscriber Co \| Term Loan due 2025
Debt Instrument
Carrying Value					500,000
Fair Value					$ 500,000
Interest rate (as a percent)					11.00%
Aggregate principal amount					$ 500,000
DBS Subscriber Co \| Term Loan due 2029
Debt Instrument
Carrying Value					1,800,000
Fair Value					1,800,000
Aggregate principal amount					1,800
DBS Subscriber Co \| Mandatorily Redeemable Preferred Shares due 2029
Debt Instrument
Carrying Value					200,000
Fair Value					$ 200,000

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 378,575	$ 373,641
Current restricted cash and cash equivalents	2,047,489
Marketable investment securities	172	8,122
Trade accounts receivable, net of allowance for credit losses of $67,064 and $53,991, respectively (Note 12)	859,378	890,333
Inventory	268,653	497,058
Prepaids and other assets	578,980	572,199
Other current assets	38,065	2,308
Total current assets	4,171,312	2,343,661
Noncurrent Assets:
Restricted cash, cash equivalents and marketable investment securities	125,413	108,879
Property and equipment, net	7,257,621	7,401,947
Regulatory authorizations, net	30,592,886	38,114,249
Other investments, net	64,327	168,825
Operating lease assets	3,030,380	2,934,862
Intangible assets, net	67,394	159,490
Other noncurrent assets, net	260,684	181,118
Total noncurrent assets	41,398,705	49,069,370
Total assets	45,570,017	51,413,031
Current Liabilities:
Trade accounts payable	678,347	673,291
Deferred revenue and other	570,886	638,471
Accrued programming	1,499,375	1,427,762
Other accrued expenses and liabilities	1,545,790	1,552,610
Current portion of debt, finance lease and other obligations (Note 8)	2,513,226	3,041,429
Total current liabilities	7,285,490	7,592,166
Long-Term Obligations, Net of Current Portion:
Long-term debt, finance lease and other obligations, net of current portion (Note 8)	20,032,711	18,178,288
DISH 2021 Intercompany Loan 2026 Tranche (Note 8)	4,767,289
Deferred tax liabilities, net	8,270,093	4,557,262
Operating lease liabilities	2,999,747	2,992,863
Long-term deferred revenue and other long-term liabilities	915,122	861,896
Total long-term obligations, net of current portion	36,984,962	26,590,309
Total liabilities	44,270,452	34,182,475
Commitments and Contingencies (Note 9)
Redeemable noncontrolling interests (Note 2)		438,382
Stockholder's Equity (Deficit):
Additional paid-in capital	1,420,792	4,916,120
Accumulated other comprehensive income (loss)	(2,403)	(2,676)
Accumulated earnings (deficit)	(562,851)	11,876,627
Total DISH Network stockholder's equity (deficit)	855,538	16,790,071
Noncontrolling interests	444,027	2,103
Total stockholder's equity (deficit)	1,299,565	16,792,174
Total liabilities and stockholder's equity (deficit)	45,570,017	51,413,031
Related party
Current Liabilities:
Interest Payable	87,400
Nonrelated party
Current Liabilities:
Interest Payable	$ 390,466	$ 258,603

Property and Equipment and Intangible Assets

9 Months Ended

Sep. 30, 2024

Property and Equipment and Intangible Assets

Property and Equipment and Intangible Assets

6.Property and Equipment and Intangible Assets

Property and Equipment

Property and equipment consisted of the following:



	Depreciable			As of
	Life			September 30,		December 31,
	(In Years)			2024		2023

				(In thousands)
Equipment leased to customers	2	-	5	$	1,044,268	$	1,181,193
Satellites	6	-	15		1,718,865		1,718,865
Satellites acquired under finance lease agreements		15			344,447		344,447
Furniture, fixtures, equipment and other (1)	2	-	12		799,644		908,924
5G Network Deployment equipment (2)	3	-	15		4,860,116		4,263,327
Software and computer equipment	2	-	8		2,347,536		2,111,305
Buildings and improvements (1)	5	-	40		334,017		381,757
Land (1)		-			12,041		17,513
Construction in progress		-			1,833,073		1,802,000
Total property and equipment					13,294,007		12,729,331
Accumulated depreciation					(6,036,386)		(5,327,384)
Property and equipment, net				$	7,257,621	$	7,401,947

(1)	The change primarily relates to the Sale and Transfer of Assets to EchoStar. See Note 1 for further information.

(2)	Includes 5G Network Deployment assets acquired under finance lease agreements.

Depreciation and amortization expense consisted of the following:


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023

	(In thousands)
Equipment leased to customers	$	38,489	$	34,466	$	110,062	$	126,073
Satellites		32,384		32,956		98,295		101,993
Buildings, furniture, fixtures, equipment and other		12,392		23,195		33,519		47,506
5G Network Deployment equipment		187,281		94,204		533,575		231,085
Software and computer equipment		86,316		65,069		254,830		164,053
Intangible assets and other amortization expense		7,337		44,907		92,102		135,794
Total depreciation and amortization	$	364,199	$	294,797	$	1,122,383	$	806,504

Cost of sales and operating expense categories included in our accompanying Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) do not include depreciation and amortization expense related to satellites, equipment leased to customers, or our 5G Network Deployment equipment and software.

Activity relating to our asset retirement obligations was as follows:



	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023

	(In thousands)
Balance at beginning of period	$	300,475	$	246,656	$	278,287	$	183,135
Liabilities incurred		5,051		11,229		14,010		65,580
Accretion expense		7,114		5,665		20,343		14,835
Revision to estimated cash flows		—		—		—		—
Balance at end of period	$	312,640	$	263,550	$	312,640	$	263,550

Total included in Other long-term liabilities	$	312,640	$	263,550	$	312,640	$	263,550

The corresponding assets, net of accumulated depreciation, related to asset retirement obligations were $215 million and $217 million as of September 30, 2024 and December 31, 2023, respectively.

Satellites

Pay-TV Segment. Our Pay-TV segment currently utilizes nine satellites in geostationary orbit approximately 22,300 miles above the equator, seven of which we own and depreciate over their estimated useful life. We also lease two satellites from third parties: Anik F3, which is accounted for as an operating lease, and Nimiq 5, which is accounted for as a finance lease and is depreciated over its economic life.

As of September 30, 2024, our Pay-TV segment satellite fleet in service consisted of the following:


		Degree	Lease
	Launch	Orbital	Termination
Satellites	Date	Location	Date
Owned:
EchoStar X	February 2006	110	N/A
EchoStar XI	July 2008	110	N/A
EchoStar XIV	March 2010	119	N/A
EchoStar XV	July 2010	61.5	N/A
EchoStar XVI	November 2012	61.5	N/A
EchoStar XVIII	June 2016	61.5	N/A
EchoStar XXIII	March 2017	110	N/A

Under Construction:
EchoStar XXV	2026	110	N/A

Leased from Other Third-Party:
Anik F3	April 2007	118.7	April 2025
Nimiq 5 (1)	September 2009	72.7	October 2029

(1)	Subsequent to September 30, 2024, we extended the Nimiq 5 lease to October 2029 and as a result, beginning in the fourth quarter of 2024, we will account for the Nimiq 5 lease as an operating lease.

Satellite Under Construction

EchoStar XXV. On March 20, 2023, we entered into a contract with Maxar Space LLC for the construction of EchoStar XXV, a DBS satellite that is capable of providing service to the continental United States (“CONUS”) and is intended to be used at the 110 degree orbital location. During the fourth quarter of 2023, we entered into an agreement with Space Exploration Technologies Corp (“SpaceX”) for launch services for this satellite, which is expected to be launched during 2026. The EchoStar XXV contract was included in the Sale and Transfer of Assets to EchoStar on January 10, 2024. Subsequently, on May 2, 2024, the EchoStar XXV contract was included in the Orbital II Transfer from EchoStar. For the nine months ended September 30, 2024, capital expenditures for EchoStar XXV totaled $94 million, which includes $47 million for capital expenditures incurred after May 2, 2024, which is included in “Purchases of property and equipment,” and $47 million for capital expenditures incurred between the Sale and Transfer of Assets to EchoStar on January 10, 2024 and May 2, 2024, which is included in “Other, net” within “Net cash flows from investing activities” on our Condensed Consolidated Statements of Cash Flows. See Note 1 for further information.

Commitments and Contingencies (Details) $ in Thousands				9 Months Ended	36 Months Ended	201 Months Ended
Commitments and Contingencies (Details) $ in Thousands	Oct. 12, 2023 USD ($)	Sep. 29, 2023	Aug. 18, 2015 USD ($)	Sep. 30, 2024 USD ($) site item	Dec. 31, 2023 USD ($)	Sep. 30, 2024 USD ($) item	Sep. 20, 2022 USD ($)	Jun. 14, 2022 USD ($)
Commitments and Contingencies
Regulatory authorizations, net				$ 30,592,886	$ 38,114,249	$ 30,592,886
Minimum percentage of population having access to average download speed		70.00%
Litigation accrual							$ 3,900
5G Network Development
Commitments and Contingencies
Payment to customer				$ 30,000,000		30,000,000
Number of Cell Sites Deployed \| site				24,000
Certain of 700 MHz Licenses, AWS-4 Licenses, H Block Licenses areas
Commitments and Contingencies
Minimum Percentage Of Population to whom Five G Services Offered in Each Economic Area				85.00%
Certain of other 700 MHz Licenses, AWS-4 Licenses, H Block Licenses
Commitments and Contingencies
Minimum Percentage Of Population to whom Five G Services Offered in Each Economic Area				80.00%
600 MHz Licenses
Commitments and Contingencies
Minimum Percentage Of Population for which Five G Services to be Offered, Shall be Extended				75.00%
Minimum Percentage Of Population to whom Five G Services to be Offered to Extend the Final Deadline				80.00%
Minimum Percentage of New Subscribers Provisioned with certified 5G Device				75.00%
Certain of 600 MHz License Areas
Commitments and Contingencies
Minimum Percentage Of Population to whom Five G Services Offered in Each Partial Economic Area				85.00%
Certain of 600 MHz Licenses
Commitments and Contingencies
Minimum Percentage Of Population to whom Five G Services Offered in Each Partial Economic Area				80.00%
MHz 700 Licenses and AWS-4 Licenses
Commitments and Contingencies
Minimum Percentage Of Population for which Five G Services to be Offered, Shall be Extended				70.00%
Minimum Percentage Of Population to whom Five G Services to be Offered to Extend the Final Deadline				80.00%
Minimum Percentage of New Subscribers Provisioned with certified 5G Device				75.00%
H Block Licenses
Commitments and Contingencies
Minimum Percentage Of Population for which Five G Services to be Offered, Shall be Extended				75.00%
Minimum Percentage Of Population to whom Five G Services to be Offered to Extend the Final Deadline				80.00%
Minimum Percentage of New Subscribers Provisioned with certified 5G Device				75.00%
3.45-3.55 GHz Licenses
Commitments and Contingencies
Acceleration Term of Final Build-Out Requirement, if Interim Build-out Requirement is Not Met				1 year
Certain of AWS-3 and SNR License Areas
Commitments and Contingencies
Minimum Percentage Of Population to be Provided with Reliable Signal Coverage To Met				85.00%
Certain of Other AWS-3 and SNR Licenses
Commitments and Contingencies
Minimum Percentage Of Population to be Provided with Reliable Signal Coverage To Met				80.00%
Minimum Percentage Of Population for which Five G Services to be Offered, Shall be Extended				75.00%
Minimum Percentage Of Population to whom Five G Services to be Offered to Extend the Final Deadline				80.00%
Minimum Percentage of New Subscribers Provisioned with certified 5G Device				75.00%
Minimum \| MHz 700 Licenses and AWS-4 Licenses
Commitments and Contingencies
Minimum percentage of population having access to average download speed		70.00%
SNR Wireless Management LLC
Commitments and Contingencies
Regulatory authorizations, net				$ 4,271,459		$ 4,271,459
5 3/4% Senior Secured Notes due 2028
Commitments and Contingencies
Interest rate (as a percent)				5.75%		5.75%
Wireless
Commitments and Contingencies
Payment to customer				$ 24,000,000
Regulatory authorizations, net				19,757,877		$ 19,757,877
Number of Americans, Provided With Five G Deployment Services								200,000
Number of Americans To Whom Five G Broadband Service Is Provided								250,000
Network development current and future expenditures				10,000,000	$ 10,000,000
H Block Licenses
Commitments and Contingencies
Regulatory authorizations, net				1,671,506		1,671,506
DBS Licenses.
Commitments and Contingencies
Regulatory authorizations, net				677,409		677,409
700 MHz Licenses
Commitments and Contingencies
Regulatory authorizations, net				701,803		701,803
600 MHz Licenses
Commitments and Contingencies
Regulatory authorizations, net				6,192,575		6,192,575
MVDDS
Commitments and Contingencies
Regulatory authorizations, net				24,000		24,000
28 GHz Licenses
Commitments and Contingencies
Regulatory authorizations, net				2,883		2,883
24 GHz Licenses
Commitments and Contingencies
Regulatory authorizations, net				11,772		11,772
37 Ghz, 39 Ghz and 47 Ghz Licenses
Commitments and Contingencies
Regulatory authorizations, net				202,392		202,392
3550-3650 MHz Licenses
Commitments and Contingencies
Regulatory authorizations, net				912,200		912,200
Ghz 3.7 to 3.98
Commitments and Contingencies
Regulatory authorizations, net				2,969		2,969
Ghz 3.45 to 3.55
Commitments and Contingencies
Regulatory authorizations, net				7,329,093		7,329,093
1695-1710 MHz, 1755-1780 MHz, and 2155-2180 MHz
Commitments and Contingencies
Regulatory authorizations, net				972		972
AWS-3 Licenses
Commitments and Contingencies
Regulatory authorizations, net				5,557,828		5,557,828
AWS-4 Licenses
Commitments and Contingencies
Regulatory authorizations, net				1,928,688		1,928,688
Capitalized Interest
Commitments and Contingencies
Payment to customer				7,000,000
Regulatory authorizations, net				6,563,550		6,563,550
EchoStar
Commitments and Contingencies
Regulatory authorizations, net				$ 5,458,213		$ 5,458,213
Northstar Spectrum
Commitments and Contingencies
Purchase of ownership interests	$ 109,000
Northstar Spectrum And SNR Holdco \| AWS-3 Licenses
Commitments relating to AWS-3 Auction
Percentage of bidding credit				25.00%
Northstar Wireless or Northstar Spectrum
Commitments and Contingencies
Interim payment percentage				15.00%
Re-Auction payment				$ 1,892,000
Overpayment of interim payment				$ 334,000
Northstar Wireless or Northstar Spectrum \| Northstar Licenses
Commitments and Contingencies
Number of wireless spectrum licenses \| item				261		261
Commitments relating to AWS-3 Auction
Bidding credit value			$ 1,961,000
Northstar Wireless or Northstar Spectrum \| SNR Licenses
Commitments relating to AWS-3 Auction
Percentage of bidding credit			25.00%
SNR Wireless or SNR Wireless Holdco
Commitments and Contingencies
Non-payment gross winning bids				$ 1,211,000		$ 1,211,000
Interim payment percentage				15.00%
Re-Auction payment				$ 1,029,000
Overpayment of interim payment				$ 182,000
SNR Wireless or SNR Wireless Holdco \| American III
Commitments and Contingencies
Number of wireless spectrum licenses \| item				244		244
SNR Wireless or SNR Wireless Holdco \| SNR Licenses
Commitments relating to AWS-3 Auction
Bidding credit value			$ 1,370,000
Prior Arrangement \| Northstar Licenses
Commitments and Contingencies
Non-payment gross winning bids				$ 2,226,000		$ 2,226,000
Prior Arrangement \| Northstar Wireless or Northstar Spectrum
Commitments relating to AWS-3 Auction
Number of licenses returned \| item				84
Prior Arrangement \| SNR Wireless or SNR Wireless Holdco \| SNR Licenses
Commitments relating to AWS-3 Auction
Number of licenses returned \| item				113
DISH DBS Corporation ("DBS") \| 5 3/4% Senior Secured Notes due 2028
Commitments and Contingencies
Interest rate (as a percent)				5.75%		5.75%
DISH DBS Corporation ("DBS") \| 7 3/4% Senior Notes due 2026
Commitments and Contingencies
Interest rate (as a percent)				7.75%		7.75%

Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases

Components of Lease Expense


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023

	(In thousands)
Operating lease cost (1)	$	150,048	$	130,288	$	461,172	$	364,622

Short-term lease cost (2)		3,089		2,686		8,951		8,107

Finance lease cost:
Amortization of right-of-use assets		12,847		13,316		40,211		53,505
Interest on lease liabilities		1,980		3,521		7,169		10,915
Total finance lease cost		14,827		16,837		47,380		64,420
Total lease costs	$	167,964	$	149,811	$	517,503	$	437,149

(1)	The increase in operating lease cost is primarily related to communication tower leases.

(2)	Leases that have terms of 12 months or less.

Summary of Supplemental cash flow information related to leases


	For the Nine Months Ended
	September 30,
	2024		2023

	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	344,810	$	233,135
Operating cash flows from finance leases	$	7,363	$	9,778
Financing cash flows from finance leases	$	49,648	$	37,936

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	406,101	$	559,539
Finance leases	$	—	$	53,771

Summary of supplemental balance sheet information related to leases


	As of
	September 30,		December 31,
	2024		2023

	(In thousands)
Operating Leases:
Operating lease assets	$	3,030,380	$	2,934,862

Other current liabilities	$	471,663	$	301,172
Operating lease liabilities		2,999,747		2,992,863
Total operating lease liabilities	$	3,471,410	$	3,294,035

Finance Leases:
Property and equipment, gross	$	465,549	$	465,549
Accumulated depreciation		(410,467)		(370,768)
Property and equipment, net	$	55,082	$	94,781

Other current liabilities	$	29,386	$	56,459
Other long-term liabilities		44,623		67,199
Total finance lease liabilities	$	74,009	$	123,658

Weighted Average Remaining Lease Term:
Operating leases		10.0 years		10.7 years
Finance leases		2.0 years		2.2 years

Weighted Average Discount Rate:
Operating leases		10.3%		9.5%
Finance leases		9.3%		9.7%

Summary of maturities of operating lease liabilities


	Maturities of Lease Liabilities
	Operating		Finance
For the Years Ending December 31,	Leases		Leases		Total

	(In thousands)
2024 (remaining three months)	$	95,440	$	8,463	$	103,903
2025		504,878		35,392		540,270
2026		541,249		36,588		577,837
2027		545,983		2,574		548,557
2028		505,253		—		505,253
Thereafter		3,371,530		—		3,371,530
Total lease payments		5,564,333		83,017		5,647,350
Less: Imputed interest		(2,092,923)		(9,008)		(2,101,931)
Total		3,471,410		74,009		3,545,419
Less: Current portion		(471,663)		(29,386)		(501,049)
Long-term portion of lease obligations	$	2,999,747	$	44,623	$	3,044,370

Summary of maturities of finance lease liabilities


	Maturities of Lease Liabilities
	Operating		Finance
For the Years Ending December 31,	Leases		Leases		Total

	(In thousands)
2024 (remaining three months)	$	95,440	$	8,463	$	103,903
2025		504,878		35,392		540,270
2026		541,249		36,588		577,837
2027		545,983		2,574		548,557
2028		505,253		—		505,253
Thereafter		3,371,530		—		3,371,530
Total lease payments		5,564,333		83,017		5,647,350
Less: Imputed interest		(2,092,923)		(9,008)		(2,101,931)
Total		3,471,410		74,009		3,545,419
Less: Current portion		(471,663)		(29,386)		(501,049)
Long-term portion of lease obligations	$	2,999,747	$	44,623	$	3,044,370

Organization and Business Activities

9 Months Ended

Sep. 30, 2024

Organization and Business Activities

Organization and Business Activities

1.Organization and Business Activities

Principal Business

DISH Network Corporation is a holding company. Its subsidiaries (which together with DISH Network Corporation are referred to as “DISH Network,” the “Company,” “we,” “us” and/or “our,” unless otherwise required by the context) operate three primary business segments. DISH Network is a wholly-owned subsidiary of EchoStar Corporation (“EchoStar”), a publicly traded company listed on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SATS.”

Recent Developments

DIRECTV Transaction

On September 29, 2024, EchoStar and DIRECTV Holdings, LLC (“DTV”), entered into an Equity Purchase Agreement (the “Purchase Agreement”). Pursuant to the terms and subject to the conditions set forth in the Purchase Agreement, DTV agreed to acquire from us all of the issued and outstanding equity interests of DISH DBS Corporation (“DISH DBS”), which operates our Pay-TV business (the “Business” and such acquisition of the Business the “DIRECTV Transaction”). Prior to the closing of the DIRECTV Transaction (the “DIRECTV Closing”), we will complete the Pre-Closing Restructuring, as defined in the Purchase Agreement, and the Pre-Closing Reorganization, as defined in the Purchase Agreement, following which, among other things, DISH DBS will hold all of the properties, rights, assets and liabilities primarily related to the Business, except for certain excluded assets and excluded liabilities.

During the period between signing of the Purchase Agreement and the DIRECTV Closing, DISH DBS and its subsidiaries are not permitted to declare or pay dividends or otherwise cause or permit any leakage (which includes, among other things, cash payments and certain other value transfers by DISH DBS and its subsidiaries, on the one hand, to us or certain other related persons, on the other hand), other than (i) certain permitted cash transfers prior to September 30, 2025 in an aggregate amount not to exceed the permitted cash transfer cap set forth in the Purchase Agreement, and (ii) certain permitted tax sharing payments, in each case, on terms and conditions as set forth in the Purchase Agreement. The permitted cash transfer cap is initially equal to $1.52 billion, calculated in accordance with the Purchase Agreement, (“Permitted Transfer Cap”) and is subject to certain adjustments set forth in the Purchase Agreement, including transaction expenses and certain accrued interest adjustments and adjustments tied to certain key performance indicators.

As set forth in the Reorganization Plan, immediately prior to the DIRECTV Closing, DISH DBS will distribute the DISH 2021 Intercompany Loan 2028 Tranche (see Note 8) to our seller subsidiary. At the DIRECTV Closing, our seller subsidiary will sell and transfer to DTV all of the issued and outstanding equity interests of DISH DBS in exchange for a total cash purchase price of $1.00 plus the assumption of net debt of DISH DBS and its subsidiaries that is outstanding as of the DIRECTV Closing. Additionally, effective with the DIRECTV Closing, certain other intercompany amounts between DISH DBS and us (in addition to the DISH 2021 Intercompany Loan 2028 Tranche) will be subject to cancellation.

As of September 30, 2024, the balance of the DISH DBS intercompany receivables for the DISH 2021 Intercompany Loan 2028 Tranche and other intercompany amounts totaled $4.606 billion, not including Permitted Transfer Cap receivables of up to $1.52 billion and certain other amounts of residual capital remaining based on performance. Upon the completion of the DIRECTV Transaction, DISH DBS will become a direct and wholly-owned subsidiary of DTV.

Completion of the DIRECTV Transaction is subject to satisfaction or waiver of closing conditions set forth in the Purchase Agreement, including, but not limited to, the receipt of governmental approvals and the success of the DISH DBS Exchange Offers, as detailed and defined in Note 8. The DISH DBS Exchange Offers expired at 5:00 p.m., New York City time on November 12, 2024, and the DISH DBS Exchange Offers have been terminated due to the failure to satisfy the Minimum Series Exchange Condition and the Acquisition Consent Threshold Condition, each as defined in the Exchange Offering Memorandum (defined herein). Pursuant to the terms of the Purchase Agreement, DIRECTV may terminate the Purchase Agreement by November 22, 2024 due to the failure to consummate the DISH DBS Exchange Offers by November 12, 2024 or the failure to satisfy the Acquisition Consent Threshold Condition.

Sale and Transfer of Assets

In accordance with Accounting Standards Codification 805-50 Business Combinations – Related Issues, for transactions among entities under common control, generally the assets transferred and/or sold are recorded at the net carrying value of the assets. The difference between the net carrying value and the fair value of the assets transferred and/or sold is recorded in “Additional paid-in capital” or “Accumulated earnings (deficit)” on our Condensed Consolidated Balance Sheets. If an asset transferred and/or sold among entities under common control is determined to be a financial asset, any gain or loss on the sale of the financial asset is recorded in “Other, net” within “Other Income (Expense)” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). All transactions detailed below are transactions among entities under common control.

Sale of Assets to EchoStar. On January 10, 2024, we sold certain assets and equity interests to EchoStar, which included the sale of a financial asset (the “Sale of Assets to EchoStar”), for fair value of approximately $246 million. The difference between our net carrying value of the assets sold to their fair value was $138 million, of which $6 million, net of deferred tax, was recorded in “Additional paid-in capital” on our Condensed Consolidated Balance Sheets as of September 30, 2024 and a $129 million gain related to the financial asset was recorded in “Other, net” within “Other Income (Expense)” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) for the nine months ended September 30, 2024.

Asset Transfer to EchoStar. On January 10, 2024, we transferred our wholly-owned subsidiaries that hold certain assets, including the EchoStar XXV satellite currently under construction, and our wireless spectrum licenses, including AWS-4, H-Block, CBRS (3550-3650 MHz), C-Band – Cheyenne (3.7-3.98 GHz), 12GHz (MVDDS), LMDS, 24 GHz, 28 GHz, 37GHz, 39GHz and 47GHz to EchoStar Wireless Holding L.L.C., a direct wholly-owned subsidiary of our parent, EchoStar (together with the “Intercompany Loan 2026 Tranche” defined below, the “Asset Transfer to EchoStar”). In addition, DISH DBS, in its capacity as “Lender” under the terms of the Loan and Security Agreement related to the Intercompany Loan between DISH Network and DISH DBS, has consummated the assignment pursuant to such terms, without any modification or amendment thereto, of its receivable in respect to the 2026 Tranche of $4.7 billion (the “Intercompany Loan 2026 Tranche”) to DBS Intercompany Receivable L.L.C. DBS Intercompany Receivable L.L.C. has subsequently assigned its rights as lender thereunder to EchoStar Intercompany Receivable Company L.L.C., our parent, EchoStar’s direct wholly-owned subsidiary, such that amounts owed in respect of the 2026 Tranche will now be paid by us to EchoStar Intercompany Receivable L.L.C.

The transferred amount equals our historical net carrying value of these assets, which was $12.003 billion with the offset recorded as a dividend in “Accumulated earnings (deficit)” on our Condensed Consolidated Balance Sheets as of September 30, 2024.

Tax Associated with the Asset Transfer to EchoStar. During the nine months ended September 30, 2024, we recorded $3.775 billion in “Deferred tax liabilities, net” on our Condensed Consolidated Balance Sheets resulting from the step up in basis due to the difference in the fair value compared to the book value of the Asset Transfer to EchoStar, with the offset recorded in “Additional paid-in capital” on our Condensed Consolidated Balance Sheets.

700 MHz Spectrum Sale to EchoStar. On March 12, 2024, we sold our wholly-owned subsidiary which holds the 700 MHz spectrum to a wholly-owned subsidiary of our parent, EchoStar (the “700 MHz Spectrum Sale to EchoStar”), for fair value of approximately $1.037 billion. The difference between our net carrying value of the assets sold to their fair value of $115 million, net of deferred tax, was recorded in “Additional paid-in capital” on our Condensed Consolidated Balance Sheets as of September 30, 2024. The proceeds were used to pay the remaining balance of $951 million on our 2 3/8% Convertible Note which matured on March 15, 2024.

The Sale of Assets to EchoStar, Asset Transfer to EchoStar and 700 MHz Spectrum Sale to EchoStar together are referred to as (the “Sale and Transfer of Assets to EchoStar”).

Orbital II Transfer from EchoStar. On May 2, 2024, EchoStar transferred certain assets to us, including the EchoStar XXV satellite currently under construction. The transferred amount equals our historical net carrying value of these assets, which was $141 million with the offset recorded as a capital contribution in “Additional paid-in capital” on our Condensed Consolidated Balance Sheets as of September 30, 2024.

Merger with EchoStar

On December 31, 2023, EchoStar completed the acquisition of DISH Network pursuant to the Amended and Restated Agreement and Plan of Merger, dated as of October 2, 2023 (the “Amended Merger Agreement”), by and among EchoStar, EAV Corp., a Nevada corporation and its wholly owned subsidiary (“Merger Sub”), and DISH Network, pursuant to which EchoStar acquired DISH Network by means of the merger of Merger Sub with and into DISH Network (the “Merger”), with DISH Network surviving the Merger as EchoStar’s wholly owned subsidiary. For further information, refer to the Consolidated Financial Statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2023.

With the Merger complete, we are currently focused on the process of integrating our and EchoStar’s business in a manner that facilitates synergies, cost savings, growth opportunities and achieves other anticipated benefits (the “Integration”).

Future Capital Requirements

The condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

During the third quarter of 2024 and through the issuance date of these condensed consolidated financial statements we and our parent EchoStar completed several financing transactions, including, but not limited to, our issuance of $2.5 billion (including $136 million of debt issuance costs) of New DISH DBS Financing, as detailed and defined in Note 8, which includes $2.047 billion of funds required to be used for the redemption, repayment or repurchase of the principal balance and remaining interest outstanding on our 5 7/8% Senior Notes due November 15, 2024, and our parent, EchoStar’s (i) issuance of $5.356 billion (including $156 million issuable in kind as discounts and commitment and/or backstop premiums) of new EchoStar 10 3/4% Senior Secured Notes due 2029, and (ii) closing of a PIPE investment for an aggregate cash purchase price of approximately $400 million. For further information on our parent, EchoStar’s, financing transactions refer to EchoStar’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2024.

As a result of these transactions, our parent, EchoStar, committed to providing us with sufficient funds necessary to meet our obligations through one year from the date of filing these condensed consolidated financial statements. Accordingly, substantial doubt no longer exists about our ability to continue as a going concern.

Our cash and cash equivalents, current restricted cash and cash equivalents, and marketable investment securities totaled $2.426 billion as of September 30, 2024 (“Cash on Hand”) and we will fund the $1.983 billion of debt maturing in November 2024 from Cash on Hand.

Segments

We currently operate three primary business segments: (1) Pay-TV; (2) Retail Wireless and (3) 5G Network Deployment.

Pay-TV

We offer pay-TV services under the DISH® brand and the SLING® brand (collectively “Pay-TV” services). The DISH branded pay-TV service consists of, among other things, Federal Communications Commission (“FCC”) licenses authorizing us to use direct broadcast satellite (“DBS”) and Fixed Satellite Service (“FSS”) spectrum, our owned and leased satellites, receiver systems, broadcast operations, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in our operations (“DISH TV”). We also design, develop and distribute receiver systems and provide digital broadcast operations, including satellite uplinking/downlinking, transmission and other services to third-party pay-TV providers. The SLING branded pay-TV services consist of, among other things, multichannel, live-linear and on-demand streaming over-the-top (“OTT”) Internet-based domestic, international, Latino and Freestream video programming services (“SLING TV”). As of September 30, 2024, we had 8.031 million Pay-TV subscribers in the United States, including 5.888 million DISH TV subscribers and 2.143 million SLING TV subscribers.

Retail Wireless

We offer nationwide prepaid and postpaid retail wireless services to subscribers primarily under our Boost Mobile® and Gen Mobile® brands (“Retail Wireless” services), as well as a competitive portfolio of wireless devices. Prepaid wireless subscribers generally pay in advance for monthly access to wireless talk, text and data services. Postpaid wireless subscribers are qualified to pay after receiving wireless talk, text and data services, and may also qualify for certain device financing arrangements.

We are currently operating our Retail Wireless segment primarily as a mobile virtual network operator (“MVNO”) as we continue our 5G Network Deployment and commercialize and grow customer traffic on our 5G Network, as defined below. We are transitioning our Retail Wireless segment to a mobile network operator (“MNO”) as our 5G Network has become commercially available and we grow customer traffic on our 5G Network. We are currently activating Boost Mobile subscribers with compatible devices onto our 5G Network in markets where we have reached voice over new radio (“VoNR”). We have deployed 5G VoNR covering over 200 million Americans. Within our MVNO operations, today we depend on T-Mobile and AT&T to provide us with network services under the amended Master Network Services Agreement (“MNSA”) and Network Services Agreement (the “NSA”), respectively. As of September 30, 2024, we had 6.984 million Wireless subscribers.

5G Network Deployment

We initially invested a total of over $30 billion in Wireless spectrum licenses, and a portion of these licenses were included in the Sale and Transfer of Assets to EchoStar. We currently have $24 billion of investments related to Wireless spectrum licenses, which does not include $7 billion of capitalized interest related to the carrying value of such licenses. See Note 1, Note 2 and Note 9 for further information. We plan to commercialize our Wireless spectrum licenses through the completion of the nation’s first cloud-native, Open Radio Access Network (“O-RAN”) based 5G network (our “5G Network Deployment”). We have committed to deploy a facilities-based 5G broadband network (our “5G Network”) capable of serving increasingly larger portions of the U.S. population at different deadlines.

Our Wireless spectrum licenses are subject to certain interim and final build-out requirements, as well as certain renewal requirements. On September 29, 2023, the FCC confirmed we have met all of our June 14, 2023 band-specific 5G deployment commitments, and two of our three nationwide 5G commitments. The single remaining 5G commitment, that at least 70% of the U.S. population has access to average download speeds equal to 35 Mbps, was achieved in March 2024 using the drive test methodology previously agreed upon by us and the FCC and overseen by an independent monitor. We currently have the largest commercial deployment of 5G VoNR in the world covering over 200 million Americans and 5G broadband service covering over 250 million Americans.

In September 2024, the FCC conditionally granted our requests to extend the 5G deployment deadlines for certain of our licenses based on several commitments, as detailed in Note 9.

Property and Equipment and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2024

Property and Equipment and Intangible Assets

Schedule of property and equipment



	Depreciable			As of
	Life			September 30,		December 31,
	(In Years)			2024		2023

				(In thousands)
Equipment leased to customers	2	-	5	$	1,044,268	$	1,181,193
Satellites	6	-	15		1,718,865		1,718,865
Satellites acquired under finance lease agreements		15			344,447		344,447
Furniture, fixtures, equipment and other (1)	2	-	12		799,644		908,924
5G Network Deployment equipment (2)	3	-	15		4,860,116		4,263,327
Software and computer equipment	2	-	8		2,347,536		2,111,305
Buildings and improvements (1)	5	-	40		334,017		381,757
Land (1)		-			12,041		17,513
Construction in progress		-			1,833,073		1,802,000
Total property and equipment					13,294,007		12,729,331
Accumulated depreciation					(6,036,386)		(5,327,384)
Property and equipment, net				$	7,257,621	$	7,401,947

(1)	The change primarily relates to the Sale and Transfer of Assets to EchoStar. See Note 1 for further information.

(2)	Includes 5G Network Deployment assets acquired under finance lease agreements.

Schedule of depreciation and amortization expense


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023

	(In thousands)
Equipment leased to customers	$	38,489	$	34,466	$	110,062	$	126,073
Satellites		32,384		32,956		98,295		101,993
Buildings, furniture, fixtures, equipment and other		12,392		23,195		33,519		47,506
5G Network Deployment equipment		187,281		94,204		533,575		231,085
Software and computer equipment		86,316		65,069		254,830		164,053
Intangible assets and other amortization expense		7,337		44,907		92,102		135,794
Total depreciation and amortization	$	364,199	$	294,797	$	1,122,383	$	806,504

Summary of asset retirement obligations



	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023

	(In thousands)
Balance at beginning of period	$	300,475	$	246,656	$	278,287	$	183,135
Liabilities incurred		5,051		11,229		14,010		65,580
Accretion expense		7,114		5,665		20,343		14,835
Revision to estimated cash flows		—		—		—		—
Balance at end of period	$	312,640	$	263,550	$	312,640	$	263,550

Total included in Other long-term liabilities	$	312,640	$	263,550	$	312,640	$	263,550

Schedule of pay-TV satellite fleet

As of September 30, 2024, our Pay-TV segment satellite fleet in service consisted of the following:


		Degree	Lease
	Launch	Orbital	Termination
Satellites	Date	Location	Date
Owned:
EchoStar X	February 2006	110	N/A
EchoStar XI	July 2008	110	N/A
EchoStar XIV	March 2010	119	N/A
EchoStar XV	July 2010	61.5	N/A
EchoStar XVI	November 2012	61.5	N/A
EchoStar XVIII	June 2016	61.5	N/A
EchoStar XXIII	March 2017	110	N/A

Under Construction:
EchoStar XXV	2026	110	N/A

Leased from Other Third-Party:
Anik F3	April 2007	118.7	April 2025
Nimiq 5 (1)	September 2009	72.7	October 2029

(1)	Subsequent to September 30, 2024, we extended the Nimiq 5 lease to October 2029 and as a result, beginning in the fourth quarter of 2024, we will account for the Nimiq 5 lease as an operating lease.

Related Party Transactions

9 Months Ended

Sep. 30, 2024

Related Party Transactions

Related Party Transactions

12.Related Party Transactions

Related Party Transactions with EchoStar, our Parent.

On January 1, 2008, DISH Network completed the distribution of its technology and set-top box business and certain infrastructure assets (the “Spin-off”) into a separate publicly-traded company, EchoStar. Following the Spin-off, DISH Network and EchoStar operated as separate publicly-traded companies until the Merger on December 31, 2023. See Note 1 for more information. After the Spin-off and prior to the Merger, we and EchoStar entered into certain agreements pursuant to which we obtain certain products, services and rights from EchoStar and EchoStar obtains certain products, services and rights from us.

On February 28, 2017, we and EchoStar and certain of our respective subsidiaries completed a transaction (the “Share Exchange Agreement”) pursuant to which certain assets that were transferred to EchoStar in the Spin-off were transferred back to us. On September 10, 2019, we and EchoStar and certain of our respective subsidiaries completed the transactions contemplated by the Master Transaction Agreement (the “Master Transaction Agreement”) pursuant to which certain assets that were transferred to EchoStar in the Spin-off were transferred back to us. On December 31, 2023, EchoStar completed the acquisition of DISH Network.

The following is a summary of the terms of our principal agreements with EchoStar, our parent, and its subsidiaries, that may have an impact on our financial condition and results of operations.

“Trade accounts receivable”

As of September 30, 2024 and December 31, 2023, trade accounts receivable from EchoStar was zero and $4 million, respectively. These amounts are recorded in “Trade accounts receivable” on our Condensed Consolidated Balance Sheets.

“Trade accounts payable”

As of September 30, 2024 and December 31, 2023, trade accounts payable to EchoStar was $64 million and $13 million, respectively. These amounts are recorded in “Trade accounts payable” on our Condensed Consolidated Balance Sheets.

“Service revenue”

During the three months ended September 30, 2024 and 2023, we received $2 million and $1 million, respectively, for services provided to EchoStar. During the nine months ended September 30, 2024 and 2023, we received $4 million and $3 million, respectively, for services provided to EchoStar. These amounts are recorded in “Service revenue” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). The primary agreements pertaining to these revenues are discussed below.

TT&C Agreement – Master Transaction Agreement. In September 2019, we entered into an agreement pursuant to which we provide TT&C services to EchoStar for a period ending in September 2021, with the option for EchoStar to renew for a one-year period upon written notice at least 90 days prior to the initial expiration (the “MTA TT&C Agreement”). The fees for services provided under the MTA TT&C Agreement are calculated at either: (i) a fixed fee or (ii) cost plus a fixed margin, which will vary depending on the nature of the services provided. Either party is able to terminate the MTA TT&C Agreement for any reason upon 12 months’ notice. In September 2021, we amended the MTA TT&C Agreement to extend the term until September 2022 and added the option for EchoStar to renew for three one-year renewal terms. In August 2022, EchoStar exercised its first renewal option for a period ending in September 2023. In September 2023, EchoStar exercised its second renewal option for a period ending in September 2024. In September 2024, EchoStar exercised its third renewal option for a period ending in September 2025.

“Equipment sales and other revenue”

During the three months ended September 30, 2024 and 2023, we received $2 million and $1 million, respectively, for services provided to EchoStar. During both the nine months ended September 30, 2024 and 2023, we received $3 million and $2 million, respectively, for services provided to EchoStar. These amounts are recorded in “Equipment sales and other revenue” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). The primary agreements pertaining to these revenues are discussed below.

Real Estate Lease Agreements. We have entered into lease agreements pursuant to which we lease certain real estate to EchoStar. The rent on a per square foot basis for each of the leases is comparable to per square foot rental rates of similar commercial property in the same geographic areas, and EchoStar is responsible for its portion of the taxes, insurance, utilities and maintenance of the premises. The term of each lease is set forth below:

●

El Paso Lease Agreement. During 2012, we began leasing certain space at 1285 Joe Battle Blvd., El Paso, Texas to EchoStar for an initial period ending on August 1, 2015, which also provides EchoStar with renewal options for four consecutive three-year terms. EchoStar exercised its renewal option for a period ending in July 2027.

●

90 Inverness Lease Agreement. Effective March 1, 2017, EchoStar leases certain space from us at 90 Inverness Circle East, Englewood, Colorado with an initial term that ended in February 2023 and renewal options for four consecutive three-year terms ending in February 2027. EchoStar exercised its renewal option for a period ending in February 2025.

●

Cheyenne Lease Agreement. Effective March 1, 2017, EchoStar began leasing certain space from us at 530 EchoStar Drive, Cheyenne, Wyoming for a period ending in February 2019. In August 2018, EchoStar exercised its option to renew this lease for a one-year period ending in February 2020. EchoStar has the option to renew this lease for 12 one-year periods. During September 2019, we and EchoStar amended this lease to provide EchoStar with certain space for a period ending in September 2023, with the option for EchoStar to renew for a one-year period upon 180 days’ written notice prior to the end of the term. This lease was not renewed and terminated in September 2023.

Collocation and Antenna Space Agreements. Effective March 1, 2017, we entered into certain agreements pursuant to which we provide certain collocation and antenna space to HNS through February 2025 at the following locations: Cheyenne, Wyoming; Gilbert, Arizona; Monee, Illinois; Englewood, Colorado; and Spokane, Washington. During August 2017, we entered into certain other agreements pursuant to which we provide certain collocation and antenna space to HNS through August 2022 at the following locations: Monee, Illinois and Spokane, Washington. HNS has the option to renew each of these agreements for four three-year periods. In May 2022, HNS exercised its renewal option for a period ending in August 2025. HNS may terminate certain of these agreements with 180 days’ prior written notice to us at the following locations: Englewood, Colorado; and Spokane, Washington. The fees for the services provided under these agreements depend, among other things, on the number of racks leased and/or antennas present at the location.

Also in September 2019, we entered into an agreement pursuant to which we provide HNS with antenna space and power in Cheyenne, Wyoming for a period of five years commencing no later than October 2020, with four three-year renewal terms, with prior written notice no more than 120 days but no less than 90 days prior to the end of the then-current term.

“Cost of services”

During the three months ended September 30, 2024 and 2023, we incurred $1 million and $2 million, respectively, of costs for services provided to us by EchoStar. During the nine months ended September 30, 2024 and 2023, we incurred $3 million and $6 million, respectively, of costs for services provided to us by EchoStar. These amounts are recorded in “Cost of services” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). The primary agreements pertaining to these expenses are discussed below.

Spectrum Manager Lease Agreement. Effective January 10, 2024, we and EchoStar, on behalf of certain wholly-owned subsidiaries, entered into the Spectrum Manager Lease Agreement pursuant to which we have the right to lease the wireless spectrum licenses AWS-4, H-Block, CBRS (3550-3650 MHz), C-Band– Cheyenne (3.7-3.98 GHz), 12GHz (MVDDS), LMDS, 24 GHz, 28 GHz, 37GHz, 39GHz and 47GHz, and 700 MHz for a nominal fee. Under the applicable accounting guidance in Accounting Standards Codification 842, Leases (“ASC 842”), these wireless spectrum licenses are intangible assets, and therefore excluded from the scope of ASC 842 and are not reflected on our Condensed Consolidated Balance Sheets as right-of-use assets and lease liabilities. We have the right to use the wireless spectrum licenses for as long as EchoStar holds the licenses, subject to certain termination provisions.

Hughes Broadband Distribution Agreement. Effective October 1, 2012, dishNET Satellite Broadband L.L.C. (“dishNET Satellite Broadband”), our indirect wholly-owned subsidiary, and HNS entered into a Distribution Agreement (the “Distribution Agreement”) pursuant to which dishNET Satellite Broadband has the right, but not the obligation, to market, sell and distribute the HNS satellite Internet service (the “Service”). dishNET Satellite Broadband pays HNS a monthly per subscriber wholesale service fee for the Service based upon the subscriber’s service level, and, beginning January 1, 2014, certain volume subscription thresholds. The Distribution Agreement also provides that dishNET Satellite Broadband has the right, but not the obligation, to purchase certain broadband equipment from HNS to support the sale of the Service. On February 20, 2014, dishNET Satellite Broadband and HNS amended the Distribution Agreement which, among other things, extended the initial term of the Distribution Agreement through March 1, 2024.

Thereafter, the Distribution Agreement automatically renews for successive one year terms unless either party gives written notice of its intent not to renew to the other party at least 180 days before the expiration of the then-current term. Upon expiration or termination of the Distribution Agreement, the parties will continue to provide the Service to the then-current dishNET subscribers pursuant to the terms and conditions of the Distribution Agreement.

“Cost of sales – equipment and other”

During the three months ended September 30, 2024 and 2023, we incurred zero and $1 million, respectively, for satellite hosting, operations and maintenance services as well as transmission of certain data to EchoStar. During the nine months ended September 30, 2024 and 2023, we incurred zero and $4 million, respectively, for satellite hosting, operations and maintenance services as well as transmission of certain data to EchoStar. These amounts are recorded in “Cost of sales – equipment and other” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). The primary agreements pertaining to these expenses are discussed below.

DBSD North America Agreement. On March 9, 2012, we completed the DBSD Transaction. During the second quarter of 2011, EchoStar acquired Hughes. Prior to our acquisition of DBSD North America and EchoStar’s acquisition of Hughes, DBSD North America and HNS entered into an agreement pursuant to which HNS provides, among other things, hosting, operations and maintenance services for DBSD North America’s satellite gateway and associated ground infrastructure. This agreement generally may be terminated by us at any time for convenience. DBSD North America was included in the Sale and Transfer of Assets to EchoStar. See Note 1 for further information.

TerreStar Agreements. On March 9, 2012, we completed the TerreStar Transaction. Prior to our acquisition of substantially all the assets of TerreStar and EchoStar’s acquisition of Hughes, TerreStar and HNS entered into various agreements pursuant to which HNS provides, among other things, hosting, operations and maintenance services for TerreStar’s satellite gateway and associated ground infrastructure. These agreements generally may be terminated by us at any time for convenience. TerreStar was included in the Sale and Transfer of Assets to EchoStar. See Note 1 for further information.

Hughes Equipment and Services Agreement. In February 2019, we and HNS entered into an agreement pursuant to which HNS will provide us with HughesNet Service and HughesNet equipment for the transmission of certain data related to our 5G Network Deployment. This agreement has an initial term of five years with automatic renewal for successive one-year terms unless terminated by DISH Network with at least 180 days’ written notice to HNS or by HNS with at least 365 days’ written notice to DISH Network.

“Selling, general and administrative expenses”

During the three months ended September 30, 2024 and 2023, we incurred $6 million and $3 million, respectively, for selling, general and administrative expenses for services provided to us by EchoStar. During the nine months ended September 30, 2024 and 2023, we incurred $17 million and $9 million, respectively, for selling, general and administrative expenses for services provided to us by EchoStar. These amounts are recorded in “Selling, general and administrative expenses” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). The primary agreements pertaining to these expenses are discussed below.

Real Estate Lease Agreements. We have entered into lease agreements pursuant to which we lease certain real estate from EchoStar. The rent on a per square foot basis for each of the leases is comparable to per square foot rental rates of similar commercial property in the same geographic area, and we are responsible for our portion of the taxes, insurance, utilities and maintenance of the premises. The term of each lease is set forth below:

●

Meridian Lease Agreement. We lease all of 9601 S. Meridian Blvd. in Englewood, Colorado for a period ending on December 31, 2024.

●

100 Inverness Lease Agreement. Effective March 1, 2017, we lease certain space from EchoStar at 100 Inverness Terrace East, Englewood, Colorado for a period ending in December 2024. This agreement may be terminated by either party upon 180 days’ prior notice.

Professional Services Agreement. Prior to 2010, we entered into various agreements with EchoStar including the Transition Services Agreement, Satellite Procurement Agreement and Services Agreement, which all expired on January 1, 2010 and were replaced by a Professional Services Agreement. During 2009, we and EchoStar agreed that EchoStar shall continue to have the right, but not the obligation, to receive the following services from us, among others, certain of which were previously provided under the Transition Services Agreement: information technology, travel and event coordination, internal audit, legal, accounting and tax, benefits administration, program acquisition services and other support services. Additionally, we and EchoStar agreed that we shall continue to have the right, but not the obligation, to engage EchoStar to manage the process of procuring new satellite capacity for us and receive logistics, procurement and quality assurance services from EchoStar and other support services. On February 28, 2017, DISH Network and EchoStar amended the Professional Services Agreement to, among other things, provide certain transition services to each other. In addition, we and EchoStar amended the Professional Services Agreement effective September 10, 2019 to, among other things, provide certain transition services to each other and to remove certain services no longer necessary.

During March 2020, we and EchoStar added a service under the Professional Services Agreement whereby we provide EchoStar with rights to use certain satellite capacity in exchange for certain credits to amounts owed by us to EchoStar under the TerreStar Agreement described above. The Professional Services Agreement renewed on January 1, 2024 for an additional one-year period until January 1, 2025 and renews automatically for successive one-year periods thereafter, unless terminated earlier by either party upon at least 60 days’ notice. However, either party may terminate the Professional Services Agreement in part with respect to any particular service it receives for any reason upon at least 30 days’ notice.

Revenue for services provided by us to EchoStar under the Professional Services Agreement is recorded in “Service revenue” and “Equipment sales and other revenue” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).

Other Agreements – EchoStar

Tax Sharing Agreement. We entered into a tax sharing agreement (the “Tax Sharing Agreement”) with EchoStar which governs our respective rights, responsibilities and obligations after the Spin-off with respect to taxes for the periods ending on or before the Spin-off. Generally, all pre-Spin-off taxes, including any taxes that are incurred as a result of restructuring activities undertaken to implement the Spin-off, are borne by us, and we will indemnify EchoStar for such taxes. However, we are not liable for and will not indemnify EchoStar for any taxes that are incurred as a result of the Spin-off or certain related transactions failing to qualify as tax-free distributions pursuant to any provision of Section 355 or Section 361 of the Internal Revenue Code of 1986, as amended (the “Code”) because of: (i) a direct or indirect acquisition of any of EchoStar’s stock, stock options or assets; (ii) any action that EchoStar takes or fails to take; or (iii) any action that EchoStar takes that is inconsistent with the information and representations furnished to the Internal Revenue Service (“IRS”) in connection with the request for the private letter ruling, or to counsel in connection with any opinion being delivered by counsel with respect to the Spin-off or certain related transactions. In such case, EchoStar is solely liable for, and will indemnify us for, any resulting taxes, as well as any losses, claims and expenses. The Tax Sharing Agreement will only terminate after the later of the full period of all applicable statutes of limitations, including extensions, or once all rights and obligations are fully effectuated or performed.

In light of the Tax Sharing Agreement, among other things, and in connection with our consolidated federal income tax returns for certain tax years prior to and for the year of the Spin-off, during 2013, we and EchoStar agreed upon a supplemental allocation of the tax benefits arising from certain tax items resolved in the course of the IRS’ examination of these consolidated tax returns. As a result, we agreed to pay EchoStar $82 million of the tax benefit we received or will receive. Any payment to EchoStar, including accrued interest, will be made at such time as EchoStar would have otherwise been able to realize such tax benefit. As of September 30, 2024, we have paid $13 million of the tax benefit received, leaving $69 million remaining to be paid.

In addition, during 2013, we and EchoStar agreed upon a tax sharing arrangement for filing certain combined state income tax returns and a method of allocating the respective tax liabilities between us and EchoStar for such combined returns, through the taxable period ending on December 31, 2017 (the “State Tax Arrangement”). During the third quarter of 2018, we and EchoStar amended the Tax Sharing Agreement and the 2013 agreements (the “Amendment”).

Under the Amendment, among other things, we are entitled to apply the benefit of EchoStar’s 2009 net operating losses to our federal tax return for the year ended December 31, 2008, in exchange for paying EchoStar over time the value of the net annual federal income taxes paid by EchoStar that would have been otherwise offset by their 2009 net operating loss.

The Amendment also contained provisions related to the term of the State Tax Arrangement. As discussed in prior filings, beginning in 2020, DISH Network and EchoStar no longer files a combined state tax return in any state. All requirements under the State Tax Arrangement were fulfilled in 2022.

As a result of the Merger discussed above, DISH Network and EchoStar are analyzing requirements to determine if combined returns are appropriate for tax years beginning in 2024.

Patent Cross-License Agreements. In December 2011, we and EchoStar entered into separate patent cross-license agreements with the same third-party whereby: (i) EchoStar and such third-party licensed their respective patents to each other subject to certain conditions; and (ii) we and such third-party licensed our respective patents to each other subject to certain conditions (each, a “Cross-License Agreement”). Each Cross License Agreement covers patents acquired by the respective party prior to January 1, 2017 and aggregate payments under both Cross-License Agreements total less than $10 million. In December 2016, we and EchoStar independently exercised our respective options to extend each Cross-License Agreement to include patents acquired by the respective party prior to January 1, 2022.

Rovi License Agreement. On August 19, 2016, we entered into a ten-year patent license agreement (the “Rovi License Agreement”) with Rovi Corporation (“Rovi”) and, for certain limited purposes, EchoStar. EchoStar is a party to the Rovi License Agreement solely with respect to certain provisions relating to the prior patent license agreement between EchoStar and Rovi. There are no payments between us and EchoStar under the Rovi License Agreement.

Hughes Broadband Master Services Agreement. In March 2017, DISH Network L.L.C. (“DNLLC”) and HNS entered into the MSA pursuant to which DNLLC, among other things: (i) has the right, but not the obligation, to market, promote and solicit orders for the Hughes broadband satellite service and related equipment; and (ii) installs Hughes service equipment with respect to activations generated by DNLLC. Under the MSA, HNS will make certain payments to DNLLC for each Hughes service activation generated, and installation and other services performed, by DNLLC. Payments from HNS for services provided are recorded in “Service revenue” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). For both the three months ended September 30, 2024 and 2023, these payments were less than $1 million. For both the nine months ended September 30, 2024 and 2023, these payments were $1 million. The MSA has an initial term of five years with automatic renewal for successive one-year terms. After the first anniversary of the MSA, either party has the ability to terminate the MSA, in whole or in part, for any reason upon at least 90 days’ notice to the other party. Upon expiration or termination of the MSA, HNS will continue to provide the Hughes service to subscribers and make certain payments to DNLLC pursuant to the terms and conditions of the MSA. For each of the three and nine months ended September 30, 2024 and 2023, we purchased zero broadband equipment from HNS under the MSA.

Intellectual Property and Technology License Agreement – Share Exchange. Effective March 1, 2017, we and EchoStar entered into an Intellectual Property and Technology License Agreement (“IPTLA”), pursuant to which we and EchoStar license to each other certain intellectual property and technology. The IPTLA will continue in perpetuity, unless mutually terminated by the parties. Pursuant to the IPTLA, EchoStar granted to us a license to its intellectual property and technology for use by us, among other things, in connection with our continued operation of the Transferred Businesses acquired pursuant to the Share Exchange Agreement, including a limited license to use the “ECHOSTAR” trademark during a transition period. EchoStar retains full ownership of the “ECHOSTAR” trademark. In addition, we granted a license back to EchoStar, among other things, for the continued use of all intellectual property and technology transferred to us pursuant to the Share Exchange Agreement that is used in EchoStar’s retained businesses.

Intellectual Property and Technology License Agreement – Master Transaction Agreement. Effective September 10, 2019, we and EchoStar entered into an IPTLA (the “MTA IPTLA”), pursuant to which we and EchoStar license to each other certain intellectual property and technology. The MTA IPTLA will continue in perpetuity, unless mutually terminated by the parties. Pursuant to the MTA IPTLA, EchoStar granted to us a license to its intellectual property and technology for use by us, among other things, in connection with our continued operation of the BSS Business acquired pursuant to the Master Transaction Agreement, including a limited license to use the “ESS” and “ECHOSTAR SATELLITE SERVICES” trademarks during a transition period. EchoStar retains full ownership of the “ESS” and “ECHOSTAR SATELLITE SERVICES” trademarks. In addition, we granted a license back to EchoStar, among other things, for the continued use of all intellectual property and technology transferred to us pursuant to the Master Transaction Agreement that is used in EchoStar’s retained businesses.

Related Party Transactions with CONX Corp.

CONX Corp. (“CONX”) is an entity partially owned by Charles W. Ergen, our Chairman (“CONX”). On May 1, 2024, we entered into an agreement to lease a commercial real estate property in Littleton, Colorado, comprising the corporate headquarters of DISH Wireless, from CONX for an initial 10 year term. During the three and nine months ended September 30, 2024, we recorded less than $1 million and $1 million, respectively, for this lease in “Selling, general and administrative expenses” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).

Related Party Transactions with NagraStar L.L.C.

We own a 50% interest in NagraStar, a joint venture that is our primary provider of encryption and related security systems intended to assure that only authorized customers have access to our programming. Certain payments related to NagraStar are recorded in “Cost of services” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). In addition, certain other payments are initially included in “Inventory” and are subsequently capitalized as “Property and equipment, net” on our Condensed Consolidated Balance Sheets or expensed as “Selling, general and administrative expenses” or “Cost of services” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) when the equipment is deployed. We record all payables in “Trade accounts payable” or “Other accrued expenses and liabilities” on our Condensed Consolidated Balance Sheets. Our investment in NagraStar is accounted for using the equity method.

The table below summarizes our transactions with NagraStar:


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023

	(In thousands)
Purchases (including fees):
Purchases from NagraStar	$	7,596	$	8,972	$	24,723	$	28,012

	As of
	September 30,		December 31,
	2024		2023

	(In thousands)
Amounts Payable and Commitments:
Amounts payable to NagraStar	$	5,095	$	9,821
Commitments to NagraStar	$	1,798	$	1,727

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(e))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/850/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

+ Details

Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting

Schedule of revenue and operating income by segment


	As of
	September 30,		December 31,
	2024		2023

	(In thousands)
Assets:
Pay-TV (1)	$	53,425,068	$	49,437,958
Retail Wireless		600,618		777,957
5G Network Deployment (2)		39,526,142		46,793,378
Eliminations		(47,981,811)		(45,596,262)
Total assets	$	45,570,017	$	51,413,031

(1)	The increase primarily resulted from the New DISH DBS Financing issuance of $2.5 billion. See Note 8 for further information.

(2)	This change primarily resulted from the Sale and Transfer of Assets to EchoStar. See Note 1 for further information.


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023

	(In thousands)
Revenue:
Pay-TV	$	2,618,031	$	2,807,101	$	8,020,893	$	8,754,372
Retail Wireless		895,949		890,980		2,693,330		2,794,087
5G Network Deployment		42,833		29,916		106,653		67,902
Eliminations		(41,496)		(23,481)		(97,400)		(43,286)
Total revenue	$	3,515,317	$	3,704,516	$	10,723,476	$	11,573,075

Operating income (loss):
Pay-TV	$	588,501	$	589,465	$	1,926,541	$	1,985,490
Retail Wireless		(113,792)		(168,166)		(309,571)		(298,872)
5G Network Deployment		(599,022)		(463,105)		(1,747,262)		(1,198,667)
Eliminations		(187)		—		—		—
Total operating income (loss)	$	(124,500)	$	(41,806)	$	(130,292)	$	487,951

Purchases of property and equipment, net of refunds, (including capitalized interest related to regulatory authorizations):
Pay-TV	$	53,357	$	64,331	$	119,111	$	167,524
5G Network Deployment		323,702		852,169		1,349,124		2,907,102
Total purchases of property and equipment, net of refunds, (including capitalized interest related to regulatory authorizations)	$	377,059	$	916,500	$	1,468,235	$	3,074,626

Revenue from external customers disaggregated by major revenue source


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
Category:	2024		2023		2024		2023

	(In thousands)
Pay-TV subscriber and related revenue	$	2,602,176	$	2,776,950	$	7,961,736	$	8,592,126
Retail wireless services and related revenue		778,737		814,267		2,368,138		2,535,296
Pay-TV equipment sales and other revenue		15,855		30,151		59,157		162,246
Retail wireless equipment sales and other revenue		117,212		76,713		325,192		258,791
5G network deployment equipment sales and other revenue (1)		42,833		29,916		106,653		67,902
Eliminations (1)		(41,496)		(23,481)		(97,400)		(43,286)
Total	$	3,515,317	$	3,704,516	$	10,723,476	$	11,573,075

(1)	“5G network deployment equipment sales and other revenue” includes intercompany revenue.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER'S EQUITY (DEFICIT) - USD ($) $ in Thousands	Class A and B Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Accumulated Earnings (Deficit)	Noncontrolling Interests	Redeemable Noncontrolling Interests	Total
Balance at Dec. 31, 2022	$ 5,311	$ 4,851,392	$ (3,029)	$ 13,088,850	$ 1,757	$ 464,359	$ 17,944,281
Issuance of Class A common stock:
Exercise of stock awards	4	2,863					2,867
Non-cash, stock-based compensation		12,037					12,037
Other comprehensive income (loss)			481				481
Net income (loss) attributable to noncontrolling interests					127	20,405	127
Net income (loss) attributable to DISH Network				222,705			222,705
Balance at Mar. 31, 2023	5,315	4,866,292	(2,548)	13,311,555	1,884	484,764	18,182,498
Balance at Dec. 31, 2022	5,311	4,851,392	(3,029)	13,088,850	1,757	464,359	17,944,281
Issuance of Class A common stock:
Other comprehensive income (loss)							976
Net income (loss) attributable to DISH Network							283,843
Balance at Sep. 30, 2023	5,343	4,904,145	(2,053)	13,372,693	2,043	529,053	18,282,171
Balance at Mar. 31, 2023	5,315	4,866,292	(2,548)	13,311,555	1,884	484,764	18,182,498
Issuance of Class A common stock:
Exercise of stock awards	23	17,934					17,957
Non-cash, stock-based compensation		9,894					9,894
Other comprehensive income (loss)			121				121
Net income (loss) attributable to noncontrolling interests					79	22,023	79
Net income (loss) attributable to DISH Network				200,323			200,323
Balance at Jun. 30, 2023	5,338	4,894,120	(2,427)	13,511,878	1,963	506,787	18,410,872
Issuance of Class A common stock:
Exercise of stock awards	5	2,468					2,473
Non-cash, stock-based compensation		7,557					7,557
Other comprehensive income (loss)			374				374
Net income (loss) attributable to noncontrolling interests					80	22,266	80
Net income (loss) attributable to DISH Network				(139,185)			(139,185)
Balance at Sep. 30, 2023	$ 5,343	4,904,145	(2,053)	13,372,693	2,043	529,053	18,282,171
Balance at Dec. 31, 2023		4,916,120	(2,676)	11,876,627	2,103	438,382	16,792,174
Issuance of Class A common stock:
Non-cash, stock-based compensation		6,115					6,115
Other comprehensive income (loss) and other		(62)	17				(45)
Asset Transfer to EchoStar, net of deferred taxes of $3,775,370		(3,775,370)	380	(12,003,227)	(146)		(15,778,363)
Sale of Assets to EchoStar, net of deferred taxes of $3,857		5,513					5,513
700 MHz Spectrum Sale to EchoStar, net of deferred taxes of $37,681		114,831					114,831
Conversion of outstanding redeemable noncontrolling interest in SNR HoldCo to noncontrolling interest					441,998	(441,998)	441,998
Net income (loss) attributable to noncontrolling interests					32	3,616	32
Net income (loss) attributable to DISH Network				(13,879)			(13,879)
Balance at Mar. 31, 2024		1,267,147	(2,279)	(140,479)	443,987		1,568,376
Balance at Dec. 31, 2023		4,916,120	(2,676)	11,876,627	2,103	$ 438,382	16,792,174
Issuance of Class A common stock:
Other comprehensive income (loss)							(107)
Net income (loss) attributable to DISH Network							(436,251)
Balance at Sep. 30, 2024		1,420,792	(2,403)	(562,851)	444,027		1,299,565
Balance at Mar. 31, 2024		1,267,147	(2,279)	(140,479)	443,987		1,568,376
Issuance of Class A common stock:
Non-cash, stock-based compensation		6,923					6,923
Other comprehensive income (loss)			(41)				(41)
Orbital II Transfer from EchoStar		140,510					140,510
Net income (loss) attributable to noncontrolling interests					25		25
Net income (loss) attributable to DISH Network				(211,849)			(211,849)
Balance at Jun. 30, 2024		1,414,580	(2,320)	(352,328)	444,012		1,503,944
Issuance of Class A common stock:
Non-cash, stock-based compensation		6,212					6,212
Other comprehensive income (loss)			(83)				(83)
Net income (loss) attributable to noncontrolling interests					15		15
Net income (loss) attributable to DISH Network				(210,523)			(210,523)
Balance at Sep. 30, 2024		$ 1,420,792	$ (2,403)	$ (562,851)	$ 444,027		$ 1,299,565

Segment Reporting

9 Months Ended

Sep. 30, 2024

Segment Reporting

Segment Reporting

10.Segment Reporting

Operating segments are components of an enterprise for which separate financial information is available and regularly evaluated by the chief operating decision maker(s) of an enterprise. Operating income is the primary measure used by our chief operating decision maker to evaluate segment operating performance. We currently operate three primary business segments: (1) Pay-TV; (2) Retail Wireless and (3) 5G Network Deployment. See Note 1 for further information.

All other and eliminations primarily include intersegment eliminations related to intercompany debt and the related interest income and interest expense, which are eliminated in consolidation.

The total assets, revenue and operating income, and purchases of property and equipment, net of refunds, (including capitalized interest related to Regulatory authorizations) by segment were as follows:


	As of
	September 30,		December 31,
	2024		2023

	(In thousands)
Assets:
Pay-TV (1)	$	53,425,068	$	49,437,958
Retail Wireless		600,618		777,957
5G Network Deployment (2)		39,526,142		46,793,378
Eliminations		(47,981,811)		(45,596,262)
Total assets	$	45,570,017	$	51,413,031

(1)	The increase primarily resulted from the New DISH DBS Financing issuance of $2.5 billion. See Note 8 for further information.

(2)	This change primarily resulted from the Sale and Transfer of Assets to EchoStar. See Note 1 for further information.


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023

	(In thousands)
Revenue:
Pay-TV	$	2,618,031	$	2,807,101	$	8,020,893	$	8,754,372
Retail Wireless		895,949		890,980		2,693,330		2,794,087
5G Network Deployment		42,833		29,916		106,653		67,902
Eliminations		(41,496)		(23,481)		(97,400)		(43,286)
Total revenue	$	3,515,317	$	3,704,516	$	10,723,476	$	11,573,075

Operating income (loss):
Pay-TV	$	588,501	$	589,465	$	1,926,541	$	1,985,490
Retail Wireless		(113,792)		(168,166)		(309,571)		(298,872)
5G Network Deployment		(599,022)		(463,105)		(1,747,262)		(1,198,667)
Eliminations		(187)		—		—		—
Total operating income (loss)	$	(124,500)	$	(41,806)	$	(130,292)	$	487,951

Purchases of property and equipment, net of refunds, (including capitalized interest related to regulatory authorizations):
Pay-TV	$	53,357	$	64,331	$	119,111	$	167,524
5G Network Deployment		323,702		852,169		1,349,124		2,907,102
Total purchases of property and equipment, net of refunds, (including capitalized interest related to regulatory authorizations)	$	377,059	$	916,500	$	1,468,235	$	3,074,626

The revenue from customers disaggregated by major revenue source was as follows:


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
Category:	2024		2023		2024		2023

	(In thousands)
Pay-TV subscriber and related revenue	$	2,602,176	$	2,776,950	$	7,961,736	$	8,592,126
Retail wireless services and related revenue		778,737		814,267		2,368,138		2,535,296
Pay-TV equipment sales and other revenue		15,855		30,151		59,157		162,246
Retail wireless equipment sales and other revenue		117,212		76,713		325,192		258,791
5G network deployment equipment sales and other revenue (1)		42,833		29,916		106,653		67,902
Eliminations (1)		(41,496)		(23,481)		(97,400)		(43,286)
Total	$	3,515,317	$	3,704,516	$	10,723,476	$	11,573,075

(1)	“5G network deployment equipment sales and other revenue” includes intercompany revenue.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 48
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-48

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 8: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-42

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/280/tableOfContent

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

+ Details

Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investments

9 Months Ended

Sep. 30, 2024

Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investments

Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investments

4.Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investments

Our marketable investment securities, restricted cash and cash equivalents, and other investments consisted of the following:


	As of
	September 30,		December 31,
	2024		2023

	(In thousands)
Marketable investment securities:
Current marketable investment securities:
Strategic - available-for-sale	$	51	$	144
Strategic - trading/equity		10		7,799
Other		111		179
Total current marketable investment securities		172		8,122
Restricted marketable investment securities (1)		10,785		19,772
Total marketable investment securities		10,957		27,894

Restricted cash and cash equivalents (1) (2)		2,162,117		89,107

Other investments, net:
Equity method investments (3)		19,388		126,179
Cost method investments		5,648		3,448
Fair value method investments		39,291		39,198
Total other investments, net		64,327		168,825

Total marketable investment securities, restricted cash and cash equivalents, and other investments, net	$	2,237,401	$	285,826

(1)	Restricted marketable investment securities and restricted cash and cash equivalents are included in “Current restricted cash and cash equivalents” and “Restricted cash, cash equivalents and marketable investment securities” on our Condensed Consolidated Balance Sheets.

(2)	Includes $2.047 billion in proceeds received from the New DBS Financing, as detailed and defined in Note 8.

(3)	This change primarily resulted from the Sale and Transfer of Assets to EchoStar, see Note 1 for further information, and the decrease in our Invidi Technologies Corporation investment, discussed below.

Marketable Investment Securities

Our marketable investment securities portfolio may consist of debt and equity instruments. All equity securities are carried at fair value, with changes in fair value recognized in “Other, net” within “Other Income (Expense)” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). All debt securities are classified as available-for-sale and are recorded at fair value.

We report the temporary unrealized gains and losses related to changes in market conditions of marketable debt securities as a separate component of “Accumulated other comprehensive income (loss)” within “Stockholder’s Equity (Deficit),” net of related deferred income tax on our Condensed Consolidated Balance Sheets. The corresponding changes in the fair value of marketable debt securities, which are determined to be company specific credit losses are recorded in “Other, net” within “Other Income (Expense)” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). See Note 2 for further information.

Current Marketable Investment Securities – Strategic

Our current strategic marketable investment securities portfolio includes and may include strategic and financial debt and/or equity investments in private and public companies that are highly speculative and have experienced and continue to experience volatility. As of September 30, 2024, this portfolio consisted of securities of a small number of issuers, and as a result the value of that portfolio depends, among other things, on the performance of those issuers. The fair value of certain of the debt and equity securities in this portfolio can be adversely impacted by, among other things, the issuers’ respective performance and ability to obtain any necessary additional financing on acceptable terms, or at all.

Current Marketable Investment Securities - Other

Our current other marketable investment securities portfolio includes investments in various debt instruments including, among others, commercial paper, corporate securities and United States treasury and/or agency securities.

Commercial paper consists mainly of unsecured short-term, promissory notes issued primarily by corporations with maturities ranging up to 365 days. Corporate securities consist of debt instruments issued by corporations with various maturities normally less than 18 months. U.S. Treasury and agency securities consist of debt instruments issued by the federal government and other government agencies.

Restricted Cash, Cash Equivalents and Marketable Investment Securities

As of September 30, 2024 and December 31, 2023, our restricted marketable investment securities, together with our restricted cash and cash equivalents, included amounts required as collateral for our letters of credit, surety bonds and trusts.

Current restricted cash and cash equivalents. As of September 30, 2024, “Current restricted cash and cash equivalents” on our Condensed Consolidated Balance Sheets includes $2.047 billion in proceeds received from the New DBS Financing, as detailed and defined in Note 8, which is required to be used for the redemption, repayment or repurchase of the principal balance and remaining interest outstanding on our 5 7/8% Senior Notes due November 15, 2024.

Other Investments, net

We have strategic investments in certain debt and/or equity securities that are included in noncurrent “Other investments, net” on our Condensed Consolidated Balance Sheets. Our debt securities are classified as available-for-sale and are recorded at fair value. Generally, our debt investments in non-publicly traded debt instruments without a readily determinable fair value are recorded at amortized cost. Our equity investments where we have the ability to exercise significant influence over the investee are accounted for using the equity method of accounting. Certain of our equity method investments are detailed below.

NagraStar L.L.C. We own a 50% interest in NagraStar L.L.C. (“NagraStar”), a joint venture that is our primary provider of encryption and related security systems intended to assure that only authorized customers have access to our programming. The three main technologies NagraStar provides to its customers are microchips, set-top box software, and uplink computer systems. NagraStar also provides end-to-end platform security testing services.

Invidi Technologies Corporation. We own a 35% interest in Invidi Technologies Corporation (“Invidi”), an entity that provides proprietary software for the addressable advertising market. Invidi contracts with multichannel video programming distributers to include its software in their respective set-top boxes and DVRs in order to deliver targeted advertisements based on a variety of demographic attributes selected by the advertisers. Invidi has also developed a cloud-based solution for internet protocol-based platforms. During the three months ended June 30, 2024, Invidi impaired the goodwill on their financial statements and our portion of this impairment resulted in a $63 million loss in “Equity in earnings (losses) of affiliates” recorded in “Other, net” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) during the nine months ended September 30, 2024.

We also hold investments that are not accounted for using the equity method of accounting, which are measured at fair value. Investments in equity securities without readily determinable fair values are accounted for at cost, less impairment, and adjusted for observable price changes for identical or similar investments of the same issuer.

Our ability to realize value from our strategic investments in securities that are not publicly traded depends on, among other things, the success of the issuers’ businesses and their ability to obtain sufficient capital, on acceptable terms or at all, and to execute their business plans. Because private markets are not as liquid as public markets, there is also increased risk that we will not be able to sell these investments, or that when we desire to sell them we will not be able to obtain fair value for them.

Fair Value Measurements

Our investments measured at fair value on a recurring basis were as follows:


	As of
	September 30, 2024								December 31, 2023
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3

	(In thousands)
Cash equivalents (including restricted)	$	2,168,058	$	85,330	$	2,082,728	$	—	$	347,976	$	304,410	$	43,566	$	—

Debt securities (including restricted):
U.S. Treasury and agency securities	$	10,785	$	10,785	$	—	$	—	$	7,567	$	7,567	$	—	$	—
Commercial paper		—		—		—		—		7,500		—		7,500		—
Corporate securities		—		—		—		—		4,705		—		4,705		—
Other		162		—		111		51		323		—		179		144
Equity securities		10		10		—		—		7,799		7,799		—		—
Total	$	10,957	$	10,795	$	111	$	51	$	27,894	$	15,366	$	12,384	$	144

As of September 30, 2024, restricted and non-restricted marketable investment securities included debt securities of $11 million with contractual maturities within one year. Actual maturities may differ from contractual maturities as a result of our ability to sell these securities prior to maturity.

Derivative Instruments

We had the option to purchase certain of T-Mobile’s 800 MHz spectrum licenses from T-Mobile at a fixed price pursuant to the License Purchase Agreement, as defined and detailed in our Annual Report on Form 10-K for the year ended December 31, 2023. This instrument met the definition of a derivative and was valued based upon, among other things, our estimate of the underlying asset price, the expected term, volatility, the risk free rate of return and the probability of us exercising the option. We did not exercise the option to purchase the 800 MHz spectrum licenses pursuant to the License Purchase Agreement, which expired on its own terms on April 1, 2024. As of December 31, 2023, the derivative’s fair value was zero on our Condensed Consolidated Balance Sheets. All changes in the derivative’s fair value were recorded in “Other, net” on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). See the table below.

We accounted for our option to purchase certain T-Mobile’s 800 MHz spectrum licenses under the License Purchase Agreement as a Level 3 instrument within the fair value hierarchy.

Gains and Losses on Sales and Changes in Carrying Amounts of Investments and Other

“Other, net” within “Other Income (Expense)” included on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) is as follows:


	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
Other, net:	2024		2023		2024		2023

	(In thousands)
Marketable and non-marketable investment securities - realized and unrealized gains (losses)	$	(8)	$	20	$	(922)	$	1,432
Sale of Assets to EchoStar - realized gains (losses)		—		—		128,788		—
Derivative instruments - net realized and/or unrealized gains (losses)		—		(155,133)		—		(192,107)
Gains (losses) related to early redemption of debt		—		4,480		—		72,566
Equity in earnings (losses) of affiliates		(3,345)		(1,216)		(68,257)		(3,596)
Liberty Puerto Rico Asset Sale (Note 9)		21,310		—		21,310		—
Other		62		352		(35)		979
Total	$	18,019	$	(151,497)	$	80,884	$	(120,726)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER'S EQUITY (DEFICIT) (Parenthetical) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)
EchoStar
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
Deferred tax liabilities, net	$ 3,775,370
Deferred Tax On Sale Of Assets	3,857
Deferred Tax On Sale Of Spectrum Licenses	$ 37,681

Supplemental Data - Statements of Cash Flows (Details) $ / shares in Units, $ in Thousands, shares in Millions		3 Months Ended		9 Months Ended
	May 02, 2024 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Apr. 01, 2024 shares	Mar. 31, 2024 USD ($)	Mar. 04, 2024 USD ($) employee $ / shares shares	Dec. 31, 2023 USD ($)
Supplemental Data - Statements of Cash Flows
Cash paid for interest (including capitalized interest)				$ 798,598	$ 851,275
Cash paid for interest Intercompany Loan 2026 Tranche				64,582
Cash received for interest				8,832	11,578
Cash paid for income taxes, net of (refunds)				(22,268)	(10,113)
Cash paid for income taxes to EchoStar, net of (refunds)		$ 0		0
Capitalized interest				684,204	969,736
Employee benefits paid in Class A common stock					14,680
Vendor financing					87,343
Asset retirement obligation		5,051	$ 11,229	14,010	65,580
Asset Transfer to EchoStar, net of deferred taxes of $3,775,370				15,778,363
Conversion of outstanding redeemable noncontrolling interest in SNR HoldCo to noncontrolling interest				441,998
Orbital II Transfer from EchoStar	$ 141,000			140,510
Deferred tax liabilities, net		8,270,093		8,270,093					$ 4,557,262
Accrued Upfront Payment					100,000
Unsettled sales of marketable investment securities					119,068
EchoStar
Supplemental Data - Statements of Cash Flows
Exchange Agreement Number of stock options exchanged \| shares						7
Deferred tax liabilities, net		$ 3,775,370		3,775,370			$ 3,775,370
EchoStar
Supplemental Data - Statements of Cash Flows
Number of stock options outstanding (in shares) \| shares								3
Number of eligible employees \| employee								800
Options Outstanding, Weighted-Average Exercise Price (in dollars per share) \| $ / shares								$ 14.04
Non-cash stock-based compensation expense								$ 11,000
Wireless equipment
Supplemental Data - Statements of Cash Flows
Accrued capital expenditures				$ 110,058	$ 222,941

Commitments and Contingencies - Part 2 (Details) person in Millions						9 Months Ended	36 Months Ended
	Sep. 29, 2023 person	Mar. 21, 2023 USD ($)	Sep. 23, 2016 USD ($)	Aug. 18, 2015 USD ($)	Jul. 17, 2015 USD ($)	Sep. 30, 2024 USD ($) item	Dec. 31, 2023 USD ($)
Loss contingencies
Number of Americans Nationwide For Deploy FiveG Services \| person	200
Wireless
Loss contingencies
Network development current and future expenditures						$ 10,000,000,000	$ 10,000,000,000
Northstar Spectrum And SNR Holdco \| AWS-3 Licenses
Loss contingency terms
Percentage of bidding credit						25.00%
Northstar Wireless or Northstar Spectrum \| AWS-3 Licenses \| Vermont National Telephone Company
Loss contingency terms
Percentage of bidding credit			25.00%
Recovery amount			$ 10,000,000,000
Bidding credit value			3,300,000,000
Northstar Wireless or Northstar Spectrum \| AWS-3 Licenses \| Minimum \| Vermont National Telephone Company
Loss contingency terms
Claim amount			5,500
Northstar Wireless or Northstar Spectrum \| AWS-3 Licenses \| Maximum \| Vermont National Telephone Company
Loss contingency terms
Claim amount			$ 11,000
Northstar Wireless or Northstar Spectrum \| SNR Licenses
Loss contingency terms
Percentage of bidding credit				25.00%
Northstar Wireless or Northstar Spectrum \| Northstar Licenses
Loss contingency terms
Bidding credit value				$ 1,961,000,000
SNR Wireless or SNR Wireless Holdco \| SNR Licenses
Loss contingency terms
Bidding credit value				$ 1,370,000,000
Pending Litigation \| ClearPlay
Loss contingency terms
Claim amount		$ 469,000,000
Pending Litigation \| TQ Delta
Loss contingency terms
Claim amount					$ 251,000,000
Cyber-Security Class Actions
Loss contingency terms
Ten additional putative class action complaints \| item						10

Leases (Details)	9 Months Ended
Leases (Details)	Sep. 30, 2024
Option to extend - Operating	true
Option to extend - Finance	true
Option to terminate - Operating	true
Option to terminate - Finance	true
Minimum
Option to extend period - Operating	1 year
Option to extend period - Finance	1 year
Maximum
Option to extend period - Operating	13 years
Option to extend period - Finance	13 years
Option to terminate period - Operating	1 year
Option to terminate period - Finance	1 year

Subsequent Events (Details) - USD ($) $ in Millions		9 Months Ended
Subsequent Events (Details) - USD ($) $ in Millions	Nov. 08, 2024	Sep. 30, 2024	Oct. 10, 2024	Dec. 31, 2023	Aug. 08, 2016
0% Convertible Notes due 2025
Subsequent Event [Line Items]
Interest rate (as a percent)		0.00%
3 3/8% Convertible Notes due 2026
Subsequent Event [Line Items]
Interest rate (as a percent)		3.375%		3.375%
Aggregate principal amount					$ 3,000
6 3/4% Senior Secured Notes due 2030
Subsequent Event [Line Items]
Interest rate (as a percent)			6.75%
Aggregate principal amount			$ 2,381
3 7/8% Convertible Secured Notes due 2030
Subsequent Event [Line Items]
Interest rate (as a percent)			2.375%
Aggregate principal amount			$ 1,950
Exchange Notes
Subsequent Event [Line Items]
Aggregate principal amount			4,331
10 3/4% Senior Notes due 2029
Subsequent Event [Line Items]
Interest rate (as a percent)		10.75%
DISH Network 2025 Notes
Subsequent Event [Line Items]
Percentage of principal amount outstanding		90.00%
DISH Network 2025 Notes \| 0% Convertible Notes due 2025
Subsequent Event [Line Items]
Interest rate (as a percent)		0.00%
DISH Network 2025 Notes \| 3 3/8% Convertible Notes due 2026
Subsequent Event [Line Items]
Interest rate (as a percent)		3.375%
DISH Network 2025 Notes \| Existing DISH Convertible Notes
Subsequent Event [Line Items]
Aggregate principal amount			$ 4,866
Aggregate principal amount	$ 4,682
Subsequent event \| 6 3/4% Senior Secured Notes due 2030
Subsequent Event [Line Items]
Aggregate principal amount	2,288
Subsequent event \| 3 7/8% Convertible Secured Notes due 2030
Subsequent Event [Line Items]
Aggregate principal amount	1,876
Subsequent event \| Exchange Notes
Subsequent Event [Line Items]
Aggregate principal amount	4,164
Subsequent event \| Existing DISH Convertible Notes
Subsequent Event [Line Items]
Aggregate principal amount	$ 4,682
Subsequent event \| 0% Convertible Notes Due 2025
Subsequent Event [Line Items]
Percentage of principal amount outstanding	92.90%
Aggregate principal amount	$ 1,819
Aggregate Principal amount	$ 138
Subsequent event \| 3 3/8% Convertible Notes due 2026.
Subsequent Event [Line Items]
Percentage of principal amount outstanding	98.50%
Aggregate principal amount	$ 2,863
Aggregate Principal amount	$ 45

Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Marketable investment securities, restricted cash and other investment securities
Total current marketable investment securities	$ 172	$ 8,122
Total marketable investment securities	10,957	27,894
Restricted cash and cash equivalents	2,162,117	89,107
Equity method investments (3)	19,388	126,179
Cost method investments	5,648	3,448
Fair value method investments	39,291	39,198
Total other investments, net	64,327	168,825
Total marketable investment securities, restricted cash and cash equivalents, and other investments, net	2,237,401	285,826
New DISH DBS Financing
Marketable investment securities, restricted cash and other investment securities
Restricted cash and cash equivalents	2,047,000
Current marketable investment securities - strategic - available-for-sale
Marketable investment securities, restricted cash and other investment securities
Total current marketable investment securities	51	144
Current marketable investment securities - strategic - trading/equity
Marketable investment securities, restricted cash and other investment securities
Total current marketable investment securities	10	7,799
Other investment securities
Marketable investment securities, restricted cash and other investment securities
Total current marketable investment securities	111	179
Restricted marketable investment securities
Marketable investment securities, restricted cash and other investment securities
Total marketable investment securities	$ 10,785	$ 19,772

Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Maturities of lease liabilities: Operating lease
2024 (remaining three months)	$ 95,440
2025	504,878
2026	541,249
2027	545,983
2028	505,253
Thereafter	3,371,530
Total lease payments	5,564,333
Less: Imputed interest	(2,092,923)
Total	3,471,410	$ 3,294,035
Less: Current portion	(471,663)	(301,172)
Long-term portion of lease obligations	2,999,747	2,992,863
Maturities of lease liabilities: Finance lease
2024 (remaining three months)	8,463
2025	35,392
2026	36,588
2027	2,574
Total lease payments	83,017
Less: Imputed interest	(9,008)
Total	74,009	123,658
Less: Current portion	(29,386)	(56,459)
Long-term portion of lease obligations	44,623	$ 67,199
Future minimum payments for total lease liabilities
2024 (remaining three months)	103,903
2025	540,270
2026	577,837
2027	548,557
2028	505,253
Thereafter	3,371,530
Total lease payments	5,647,350
Less: Imputed interest	(2,101,931)
Total	3,545,419
Less: Current portion	(501,049)
Long-term portion of lease obligations	$ 3,044,370

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current Assets:
Allowance for credit losses on trade accounts receivable	$ 67,064	$ 53,991
Common stock par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized	1,000	1,000
Common stock, shares issued	1,000	1,000
Common stock, shares outstanding	1,000	1,000

Debt and Finance Lease Obligations - Intercompany Loan (Details) - USD ($)				1 Months Ended		3 Months Ended		9 Months Ended
	Jan. 10, 2024	Feb. 11, 2022	Nov. 01, 2021	Mar. 31, 2024	Jan. 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Debt Instrument
Intercompany loan						$ 4,767,289,000		$ 4,767,289,000
Interest payable				$ 22,000,000
Interest paid in cash								798,598,000	$ 851,275,000
Interest expense, net of amounts capitalized						$ 160,625,000	$ 10,173,000	$ 495,821,000	$ 27,379,000
5 1/4% Senior Secured Notes due 2026
Debt Instrument
Interest rate (as a percent)						5.25%		5.25%
5 1/4% Senior Secured Notes due 2026 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)						5.25%		5.25%
5 3/4% Senior Secured Notes due 2028
Debt Instrument
Interest rate (as a percent)						5.75%		5.75%
5 3/4% Senior Secured Notes due 2028 \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest rate (as a percent)						5.75%		5.75%
11 3/4% Senior Secured Notes due 2027
Debt Instrument
Interest rate (as a percent)						11.75%		11.75%		11.75%
Intercompany Loan
Debt Instrument
Additional debt	$ 4,700,000,000			$ 4,700,000,000	$ 4,700,000,000
Minimum interest payment due (in percent)			50.00%
Fixed Percentage added to per annum interest rate			0.25%
Cash Accrual Fixed Percentage added to per annum interest rate								0.75%
Intercompany Loan Paid In Kind Term			2 years
Interest paid in cash						$ 0		$ 65,000,000
Interest expense, net of amounts capitalized						65		193,000,000
Outstanding amount						4,767,000,000		4,767,000,000
Intercompany Loan \| DISH DBS Corporation ("DBS")
Debt Instrument
Additional debt		$ 1,500,000,000
Interest paid in cash						0		107,000,000
Outstanding amount						7,612,000,000		7,612,000,000
Intercompany Loan 2028 Tranche \| DISH DBS Corporation ("DBS")
Debt Instrument
Interest paid in cash						0		42,000,000
Outstanding amount						$ 2,844,000,000		$ 2,844,000,000

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Leases
Operating lease assets	$ 3,030,380	$ 2,934,862
Other current liabilities	$ 471,663	$ 301,172
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other Accrued Liabilities, Current	Other Accrued Liabilities, Current
Operating lease liabilities	$ 2,999,747	$ 2,992,863
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Operating lease liabilities	Operating lease liabilities
Total	$ 3,471,410	$ 3,294,035
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Accounts Payable, Current, Operating lease liabilities	Accounts Payable, Current, Operating lease liabilities
Other current liabilities	$ 29,386	$ 56,459
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Long-term Debt and Capital Lease Obligations, Current	Long-term Debt and Capital Lease Obligations, Current
Other long-term liabilities	$ 44,623	$ 67,199
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long Term Debt And Finance Lease Obligations Net Of Current Portion	Long Term Debt And Finance Lease Obligations Net Of Current Portion
Total	$ 74,009	$ 123,658
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Long-term Debt and Capital Lease Obligations, Current, Long Term Debt And Finance Lease Obligations Net Of Current Portion	Long-term Debt and Capital Lease Obligations, Current, Long Term Debt And Finance Lease Obligations Net Of Current Portion
Operating Lease, Weighted Average Remaining Lease Term	10 years	10 years 8 months 12 days
Finance Lease, Weighted Average Remaining Lease Term	2 years	2 years 2 months 12 days
Operating Lease, Weighted Average Discount Rate, Percent	10.30%	9.50%
Finance Lease, Weighted Average Discount Rate, Percent	9.30%	9.70%
Property and equipment
Leases
Property and equipment, gross	$ 465,549	$ 465,549
Accumulated depreciation	(410,467)	(370,768)
Property and equipment, net	$ 55,082	$ 94,781

Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investments - Investments Measured at Fair Value On A Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair value of marketable securities
Debt securities	$ 11,000
Fair value measurements on recurring basis
Fair value of marketable securities
Cash Equivalents (including restricted)	2,168,058	$ 347,976
Total	10,957	27,894
Fair value measurements on recurring basis \| U.S. Treasury and agency securities
Fair value of marketable securities
Total	10,785	7,567
Fair value measurements on recurring basis \| Commercial paper
Fair value of marketable securities
Total		7,500
Fair value measurements on recurring basis \| Corporate securities
Fair value of marketable securities
Total		4,705
Fair value measurements on recurring basis \| Other (including restricted)
Fair value of marketable securities
Total	162	323
Fair value measurements on recurring basis \| Equity securities
Fair value of marketable securities
Equity securities	10	7,799
Fair value measurements on recurring basis \| Level 1
Fair value of marketable securities
Cash Equivalents (including restricted)	85,330	304,410
Total	10,795	15,366
Fair value measurements on recurring basis \| Level 1 \| U.S. Treasury and agency securities
Fair value of marketable securities
Total	10,785	7,567
Fair value measurements on recurring basis \| Level 1 \| Equity securities
Fair value of marketable securities
Equity securities	10	7,799
Fair value measurements on recurring basis \| Level 2
Fair value of marketable securities
Cash Equivalents (including restricted)	2,082,728	43,566
Total	111	12,384
Fair value measurements on recurring basis \| Level 2 \| Commercial paper
Fair value of marketable securities
Total		7,500
Fair value measurements on recurring basis \| Level 2 \| Corporate securities
Fair value of marketable securities
Total		4,705
Fair value measurements on recurring basis \| Level 2 \| Other (including restricted)
Fair value of marketable securities
Total	111	179
Fair value measurements on recurring basis \| Level 3
Fair value of marketable securities
Total	51	144
Fair value measurements on recurring basis \| Level 3 \| Other (including restricted)
Fair value of marketable securities
Total	$ 51	$ 144

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2024	Nov. 01, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-39144
Entity Registrant Name	DISH Network Corp
Entity Tax Identification Number	88-0336997
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	9601 South Meridian Boulevard
Entity Address, City or Town	Englewood
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80112
City Area Code	303
Local Phone Number	723-1000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,000
Entity Central Index Key	0001001082
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false

Revenue Recognition - Valuation And Qualifying Accounts Activity (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($)
Revenue Recognition
Balance at beginning of period	$ 53,991
Current period provision for expected credit losses	65,060
Write-offs charged against allowance	(51,987)
Balance at end of period	$ 67,064

Revenue Recognition - Contract Liability Balances (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Contract liabilities	$ 561,160	$ 586,867
Customer Contract
Contract liabilities	$ 561,000

Marketable Investment Securities, Restricted Cash and Cash Equivalents, and Other Investments - Narrative (Details) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2024 USD ($) item	Jun. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) item	Sep. 30, 2023 USD ($)	Sep. 29, 2024	Dec. 31, 2023 USD ($)	Feb. 28, 2017
Other investment securities:
Equity in earnings (losses) of affiliates	$ (3,345)		$ (1,216)	$ (68,257)	$ (3,596)
Derivative asset							$ 0
Restricted cash and cash equivalents include receivable of debt	$ 2,162,117			$ 2,162,117			$ 89,107
NagraStar
Other investment securities:
Ownership interest (as a percent)	50.00%			50.00%				50.00%
Number of technologies provided to customers \| item	3			3
Invidi Technologies Corporation
Other investment securities:
Ownership interest (as a percent)	35.00%			35.00%
5 1/4% Senior Secured Notes due 2026
Other investment securities:
Interest rate (as a percent)	5.25%			5.25%
New DISH DBS Financing
Other investment securities:
Restricted cash and cash equivalents include receivable of debt	$ 2,047,000			$ 2,047,000
DISH DBS Corporation ("DBS") \| 5 1/4% Senior Secured Notes due 2026
Other investment securities:
Interest rate (as a percent)	5.25%			5.25%			5.25%
DISH DBS Corporation ("DBS") \| 5 7/8% Senior Notes due 2024
Other investment securities:
Interest rate (as a percent)	5.875%			5.875%		5.875%	5.875%
Commercial paper \| Maximum
Other investment securities:
Debt term of Maturity				365 days
Corporate securities \| Maximum
Other investment securities:
Debt term of Maturity				18 months
Other, net \| Invidi Technologies Corporation
Other investment securities:
Equity in earnings (losses) of affiliates		$ 63,000

Summary of Significant Accounting Policies (Details) - USD ($)			3 Months Ended		9 Months Ended
	Feb. 16, 2024	Oct. 12, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Advertising Costs
Advertising expenses			$ 173,000,000	$ 169,000,000	$ 422,000,000	$ 462,000,000
Research and Development
Research and development cost			6,000,000	11,000,000	20,000,000	33,000,000
Cost of sales - equipment and other			319,564,000	570,688,000	956,918,000	1,569,159,000
Amortization expense related to the programs			63,364,000	91,983,000	217,243,000	285,675,000
NBIoT capitalized costs
Research and Development
Cost of sales - equipment and other			$ 0	1,000,000	$ 0	4,000,000
5G Network Development
Research and Development
Cost of sales - equipment and other				$ 261,000,000		$ 671,000,000
Northstar Spectrum
Redeemable Noncontrolling Interest
Purchase of ownership interests		$ 109,000,000
SNR HoldCo \| EchoStar SNR HoldCo LLC
Redeemable Noncontrolling Interest
Purchase of ownership interests	$ 442,000,000

Property and Equipment and Intangible Assets - Additional Information (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($) item
Property and equipment
Capital expenditures \| $	$ 94
Capital expenditure included in purchases of property and equipment \| $	47
Capital expenditure included in "Other, net" \| $	$ 47
Pay-TV.
Property and equipment
Number of satellites utilized in geostationary orbit approximately 22,300 miles above the equator \| item	9
Owned satellites \| item	7
Number of satellites leased \| item	2

Inventory (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Inventory
Finished goods	$ 221,254	$ 407,620
Work-in-process and service repairs	31,194	35,464
Consignment	13,066	47,723
Raw materials	3,139	6,251
Total inventory	$ 268,653	$ 497,058

Property and Equipment and Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Property and equipment
Total property and equipment	$ 13,294,007	$ 12,729,331
Accumulated depreciation	(6,036,386)	(5,327,384)
Property and equipment, net	7,257,621	7,401,947
Equipment leased to customers
Property and equipment
Total property and equipment	$ 1,044,268	1,181,193
Equipment leased to customers \| Minimum
Property and equipment
Depreciable Life	2 years
Equipment leased to customers \| Maximum
Property and equipment
Depreciable Life	5 years
Satellites
Property and equipment
Total property and equipment	$ 1,718,865	1,718,865
Satellites \| Minimum
Property and equipment
Depreciable Life	6 years
Satellites \| Maximum
Property and equipment
Depreciable Life	15 years
Satellites acquired under finance lease agreements
Property and equipment
Total property and equipment	$ 344,447	344,447
Depreciable Life	15 years
Furniture, fixtures, equipment and other
Property and equipment
Total property and equipment	$ 799,644	908,924
Furniture, fixtures, equipment and other \| Minimum
Property and equipment
Depreciable Life	2 years
Furniture, fixtures, equipment and other \| Maximum
Property and equipment
Depreciable Life	12 years
5G Network Deployment equipment
Property and equipment
Total property and equipment	$ 4,860,116	4,263,327
5G Network Deployment equipment \| Minimum
Property and equipment
Depreciable Life	3 years
5G Network Deployment equipment \| Maximum
Property and equipment
Depreciable Life	15 years
Software and computer equipment
Property and equipment
Total property and equipment	$ 2,347,536	2,111,305
Software and computer equipment \| Minimum
Property and equipment
Depreciable Life	2 years
Software and computer equipment \| Maximum
Property and equipment
Depreciable Life	8 years
Buildings and improvements
Property and equipment
Total property and equipment	$ 334,017	381,757
Buildings and improvements \| Minimum
Property and equipment
Depreciable Life	5 years
Buildings and improvements \| Maximum
Property and equipment
Depreciable Life	40 years
Land
Property and equipment
Total property and equipment	$ 12,041	17,513
Construction in progress
Property and equipment
Total property and equipment	$ 1,833,073	$ 1,802,000