FCC Fines Dish Network $150K In First-ever Space Debris Penalty

RTTNews | vor 689 Tagen
FCC Fines Dish Network $150K In First-ever Space Debris Penalty

(RTTNews) - In a first, the Federal Communications Commission or FCC has issued a penalty related to space debris to Dish Network Corp. for failure to properly deorbit its EchoStar-7 satellite.

The FCC said its Enforcement Bureau has reached a breakthrough settlement of its investigation into DISH, which admitted its liability for failing to properly dispose of the EchoStar-7 broadcast communications satellite. The satellite television company has agreed to pay $150,000 in penalty.

As per the FCC investigation, the company violated the Communications Act, the FCC rules, and the terms of the company's license. The firm relocated its direct broadcast satellite or DBS service EchoStar-7 satellite at the satellite's end-of-mission to a disposal orbit well below the elevation required by the terms of its license. At this lower altitude, it could pose orbital debris concerns, the Commission noted.

It was in 2002 that DISH launched its EchoStar-7 satellite. In DISH's orbital debris mitigation plan, which was approved by the Commission in 2012, the company committed to bring the satellite at the end of its mission to an altitude of 300 kilometers above its operational geostationary arc.

In subsequent filings with the FCC, DISH estimated that, based on the remaining fuel and projected operational parameters, the satellite's end-of-mission deorbit maneuvers would take place in May 2022.

However, in February 2022, the company determined that the satellite had very little propellant left, and could not follow the original orbital debris mitigation plan in its license.

DISH ultimately retired the satellite at a disposal orbit around 122 km above the geostationary arc, which was well short of the disposal orbit of 300 km specified in its orbital debris mitigation plan.

The latest move comes as the Commission has stepped up its satellite policy efforts, including establishing the Space Bureau and implementing its Space Innovation Agenda.

FCC said its rules prohibit the use or operation of any apparatus for the transmission of energy or communications or signals by a space or earth station except under and in accordance with a Commission-granted authorization.

read more
DISH, EchoStar To Combine In All-stock Deal

DISH, EchoStar To Combine In All-stock Deal

DISH Network Corp. (DISH) and EchoStar Corp. (SATS) announced Tuesday they have entered into a definitive agreement for DISH to combine with EchoStar in an all-stock merger at a fixed exchange ratio.
RTTNews | vor 745 Tagen
DISH Inks Deal To Access T-Mobile's Nationwide 5G Network

DISH Inks Deal To Access T-Mobile's Nationwide 5G Network

DISH Network (DISH) and T-Mobile (TMUS) on Tuesday signed an amendment to the 2020 Master Network Services Agreement (MNSA) that provides customers of DISH's retail wireless brands, including Boost Mobile, access to T-Mobile's nationwide 5G network.
RTTNews | vor 1158 Tagen
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
RTTNews | vor 3Std 40 Minuten
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
RTTNews | vor 5Std 48 Minuten
Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed

Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed

Canadian shares are likely to open on a somewhat mixed note Friday morning with investors awaiting Fed Chair Jerome Powell's speech at Jackson Hole. Lower commodity prices may weigh a bit early on in the session.
RTTNews | vor 8Std 18 Minuten
Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Indian shares fell sharply on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews | vor 10Std 4 Minuten
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month.
RTTNews | vor 10Std 10 Minuten