EchoStar Invests in iSKY
Monday, April 3rd, 2000
EchoStar Communications Corp. (Nasdaq:DISH) (Nasdaq:DISHP)
announced today a $50 million investment in iSKY Inc.
The companies also announced plans to jointly offer consumers
two-way wireless broadband iSKY Internet access via satellite, along
with hundreds of EchoStar’s DISH Network(TM) satellite television
channels, using a single small dish at any home or office in the
United States.
Under the agreement, following the launch of iSKY’s service,
currently anticipated during late 2001, EchoStar would also distribute
the iSKY satellite Internet service along with DISH Network satellite
TV service through its more than 23,000 retailers nationwide.
