Dish DBS files Chapter 11 as AT&T spectrum deal stalls, risking $2 B debt payment
Dish DBS, the EchoStar satellite TV arm, filed for Chapter 11 in Houston after a $20 billion AT&T spectrum sale stalled. The pre‑packaged restructuring, backed by 88% of its bondholders, aims to keep operations intact and emerge by Q3. The delay forced the company to confront a looming $2 billion debt payment.