EchoStar Communications
Industry: Broadcasting & Cable TV

EchoStar Communications Corporation, together with its subsidiaries, operates in three interrelated business units, which are the DISH Network, EchoStar Technologies Corporation (ETC) and satellite services. The DISH Network is a direct broadcast satellite subscription television service in the United States. As of December 31, 2000, the Company had approximately 5.26 million DISH Network subscribers. ETC is engaged in the design, development, distribution and sale of DBS set-top boxes, antennae and other digital equipment for the DISH Network; the design, development and distribution of similar equipment for international direct-to-home (DTH) satellite and other systems; and the provision of uplink center design, construction oversight and other project integration services for international DTH ventures.

Business Summary
EchoStar Communications Corporation (ECC) is a provider of satellite-delivered digital television to customers across the United States through its digital information sky highway (DISH) Network. DISH Network services include hundreds of video, audio and data channels, interactive television channels, digital video recording, high-definition television, international programming, professional installation and 24-hour customer service. At December 31, 2004, the DISH Network had approximately 10.905 million subscribers. The Company has nine in-orbit satellites that enable it to offer over 2,000 video and audio channels to consumers across the United States. Through its wholly owned subsidiary, EchoStar Technologies Corporation (ETC), the Company designs and develops direct broadcast satellite (DBS) set-top boxes, antennae and other digital equipment for the DISH Network. ETC also designs, develops and distributes similar equipment for international satellite service providers.

Financial Summary
EchoStar provides direct broadcast satellite (DBS) programming services and products such as DBS set-top boxes, antennae and other equipment. DISH also provides turnkey delivery of video, audio & data services. For the 6 months ended 6/30/05, revenues increased 23% to $4.12B. Net income totalled $1.17B, up from $42.4M. Revenues reflect DISHNetwork subscriber growth. Earnings also reflect $548.4M in income tax benefits, and a $134M insurance gain.