For investors seeking a stronger EchoStar Corp. following its merger with Dish, the team at S&P Global Ratings may have put a damper on what they’ve been wanting from the company.
A rating action taken by S&P on Friday suggests that combining Dish with EchoStar, whose primary operating subsidiary prior to the merger was Hughes, “does not solve its financial problems.” But, it does improve EchoStar’s liquidity position.
