EchoStar Corp Class A
ECHO: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|VD | LOCK|%% | LOCK|?M |
EchoStar: Latest Spectrum Sale Doesn't Move the Needle Much as Investment Plans Remain Nascent
EchoStar added 7,000 television customers during the third quarter, but losses over the past year still left television revenue 10% lower. The wireless business continues to gain momentum, adding 223,000 customers, lifting wireless service revenue by 7%. The firm announced another spectrum sale.
