DISH Network Passes Five Million Customer Milestone; EchoStar Celebrates 20 Years of Providing Satellite Television.Business Editors LITTLETON, Colo.--(BUSINESS WIRE)--Nov. 14, 2000 EchoStar Communications Corporation EchoStar Communications Corporation (NASDAQ: DISH) is the parent company of DISH Network and the maintainer of the satellite fleet that provides the signal that DISH Network markets. (Nasdaq:DISH, DISHP) announced that its DISH Network See DBS. (TM) digital satellite television service passed the five million customer milestone in November, less than seven months after reaching four million subscribers, continuing EchoStar's lead as the fastest-growing direct broadcast satellite (DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. ) television provider in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . EchoStar added approximately 455,000 net new DISH Network customers in the third quarter of 2000, and DISH Network's customer growth in the first nine months of 2000 was 31 percent greater than the number of net new customers added in the first nine months of 1999, a record for DISH Network. "The rapid growth of DISH Network is a clear indicator that consumers continue to be dissatisfied by rising cable rates, and we're pleased consumers are choosing DISH Network as their television provider," said Charlie Ergen Charles W. "Charlie" Ergen (born May 1, 1953) is the co-founder and CEO of EchoStar Communications Corporation, the parent company of Dish Network. Born in Oak Ridge, Tennessee, Ergen's father William Ergen was a nuclear physicist at Oak Ridge National Laboratory, and his , chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of EchoStar. "DISH Network was ranked number one in overall customer satisfaction among satellite and cable TV subscribers by the J.D. Power and Associates studies in 1999 and 2000, proof that DISH Network's more than 5 million customers, and more than 12 million viewers, enjoy the lowest prices for programming, the most technologically advanced hardware, and the best customer service. We're proud to celebrate 20 years at EchoStar by reaching this important milestone." "In addition, our dominant channel capacity has positioned us as the first television service with the capacity to offer over 500 channels, including local channels, high-definition television, interactive TV services and high-speed Internet access," Ergen added. EchoStar had its humble beginnings in 1980 in Denver, Colo., under the name of EchoSphere when Charlie and his wife, Candy Ergen, and his friend, Jim DeFranco, now executive vice president of EchoStar, began installing large c-band satellite TV dishes in the backyards of mountain homes in rural Colorado. The three entrepreneurs worked from a small store located near its present-day headquarters in Littleton, Colo. As the demand for satellite TV in rural communities increased, the company grew from a small distributor of satellite TV equipment to become the first company to design UHF (Ultra High Frequency) The range of electromagnetic frequencies from 300 MHz to 3 GHz. In the U.S., analog television has used UHF channels 52 to 69 in the 700 MHz band. , radio-controlled remote controls and satellite dish positioning devices. EchoSphere soon became a multimillion-dollar business. Always a visionary, Ergen surprised the satellite TV industry when he announced at a trade show in 1987 that EchoStar would launch its own satellites and begin delivering programming to its customers using 18-inch satellite dishes. After filing for orbital slots with the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. , EchoStar was on its way toward its goal of placing a "dish in every home, school and business in the nation." Ergen's dream of distributing both equipment and programming came true in 1995 when the EchoStar I satellite was successfully launched on a Chinese rocket. This event paved the way for a fleet of six high-powered satellites from which DISH Network now offers over 500 channels of popular entertainment, news, movies, sports, educational, and local channel programming. EchoStar continues to be a leading force in designing new technologies, such as the first to offer an integrated satellite TV receiver, Internet web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. and digital video recorder See DVR. . Today, EchoStar has over 10,000 employees worldwide serving over 5 million customers and more than 23,000 DISH Network retailers. EchoStar strives to provide a solid competitive force against cable TV while becoming the fastest-growing satellite television provider and a leading innovator in the 21st century. EchoStar Communications Corporation includes three interrelated in·ter·re·late tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates To place in or come into mutual relationship. in business units: -- DISH Network(TM) is EchoStar's state-of-the-art direct broadcast satellite system that is capable of offering over 500 channels of digital video and CD-quality audio programming, including Dolby Digital sound, interactive television and data services to consumers across the United States, all on a single dish, as well as offering fully MPEG-2/DVB compliant hardware and installation. DISH Network was ranked number one in customer satisfaction among satellite/cable TV subscribers by the J.D. Power and Associates 1999 and 2000 Cable/Satellite TV Customer Satisfaction studies. -- EchoStar Technologies Corporation designs, distributes and oversees the manufacturing of DBS set-top boxes, antennas and other digital equipment for DISH Network and various international customers, including Bell ExpressVu Canada and the Via Digital system in Spain. ETC has also provided construction oversight and project integration services for customers internationally. ETC also oversees EchoStar Data Networks Corporation in Atlanta, a designer of broadband IP streaming products and services for DISH Network. -- Satellite Services provides the delivery of interactive video, audio and data services to business television customers and other satellite users. These services include satellite uplink, satellite transponder space usage, business solutions and other services. Satellite Services also oversees the design and delivery of interactive television services and satellite equipment. DISH Network, which currently serves over 5 million customers, is a trademark of EchoStar Communications Corporation. EchoStar is included in the Nasdaq-100 Index (NDX NDX Index NDX Index (File Name Extension) NDX Northern Document Exchange NDX Index File ) which contains the largest non-financial companies on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. . Visit EchoStar's Investor Relations Investor relations The process by which the corporation communicates with its investors. website at www.echostar.com. DISH Network is located on the Internet at www.dishnetwork.com. |
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