EchoStar and GVT End Talks for Brazilian Joint Venture
ENGLEWOOD, Colo., Dec. 13, 2013 /PRNewswire/ -- EchoStar Corp. (NASDAQ: SATS) said today that EchoStar Technologies LLC and Vivendi subsidiary GVT are no longer in discussions to form a joint venture for pay TV services in Brazil.
EchoStar remains committed to use its expertise in satellite and video technology to deliver a unique pay TV service to Brazil via a high-powered BSS satellite.
About EchoStar
EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite operations and video delivery solutions. EchoStar's wholly-owned subsidiary, Hughes, is the world's leading provider of satellite broadband services, delivering network technologies and managed services for enterprise and government customers in more than 100 countries.
Headquartered in Englewood, CO, with additional business units world-wide, EchoStar is a multiple Emmy award-winning company that has pioneered advancements in the set-top box and satellite industries for nearly 30 years, consistently delivering value for customers, partners and investors through innovation and outstanding quality. EchoStar's contribution to video technology continues to have a major influence on the way consumers view, receive and manage TV programming.
EchoStar's consumer solutions include HughesNet®, North America's #1 high-speed satellite Internet service, Sling Media's Slingbox® products, and EchoStar's line of set-top box products for the free-to-air satellite and terrestrial markets.
For more information, visit www.echostar.com.
SOURCE EchoStar Corp.
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