Dish pitches EchoStar merger as a connectivity play

Dish Network and EchoStar will merge in a deal that is primarily about strengthening one of the companies’ financial position, but will also leave the combined entity in a stronger position in network connectivity.
The firms announced their all-stock merger on Tuesday, a month after the latest rumours on such a move surfaced. On completion of the deal, existing Dish Network shareholders will hold 69% of the resulting entity and EchoStar shareholders the remaining 31%. EchoStar’s curr