Photo: Via Satellite archive

EchoStar Corporation transferred some of Dish Network’s spectrum licenses to a newly formed subsidiary, the company said in a Jan. 10 announcement. 

According to EchoStar, Dish Network has transferred certain wireless spectrum licenses to a newly formed subsidiary, EchoStar Wireless Holding L.L.C. These licenses include AWS-4, H-Block, CBRS, C-Band – Cheyenne, 12 GHz, LMDS, 24 GHz, 28 GHz, 37 GHz, 30 GHz and 47 GHz. 

EchoStar said the transactions provide “incremental strategic, financial and operating flexibility.” The company said the transactions further the goal of the merger completed last week, to realize the “synergistic capabilities of the combined company, while also providing it with optimized strategic and financing flexibility.”

In addition, EchoStar is working with financial and legal advisors Houlihan Lokey and White & Case LLP to help it evaluate potential strategic alternatives.