Satellite-TV operator Dish Network Corp. named Paul W. Orban as executive vice president and chief financial officer. Photo: mike blake/Reuters By Nina Trentmann July 2, 2019 2:06 pm ET Dish Network Corp. named a company veteran its next finance chief, a move that comes as the satellite-TV operator looks to transform its business amid declining subscriptions in its core segment.
Mr. Orban steps up to the CFO role as the Fortune 250 company battles for certain assets—prepaid subscribers and wireless spectrum licenses— Sprint Corp. and T-Mobile US Inc. might sell to gain regulatory approval for their $26 billion merger, analysts said. Mr. Orban will likely need to tap capital markets even if the deal falls through. The company has $1.3 billion in debt maturing this year, with another $1.1 billion in 2020 and $2 billion coming due in 2021, according to data from S&P Global Market Intelligence.
Couldn't negotiate with HBO for it's customers and threw us a bone, one move channel HDNet. Dish is now taking that away from it's customers. Time to seriously look elsewhere.
I got a TV diverter n I got 23 channels for $0