FCC investigation looms over EchoStar’s missed interest payments and a new satellite

EchoStar is skipping interest payments even as it commissions a new Dish TV satellite — citing “uncertainty” caused by a Federal Communications Commission (FCC) probe. 

The company just missed a $183 million interest payment, the Wall Street Journal reported on Monday. It missed another $326 million interest payment, Bloomberg reported on Friday. It’s potentially setting itself up for bankruptcy protection, SpaceNews reports.

It’s potentially setting itself up for bankruptcy protection

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