EchoStar misses $326M interest payment on 10.75% senior spectrum notes due 2029

DISH Network CORP

Non-payment of ~$326M cash interest due May 30, 2025 triggers a default with a 30-day grace period.
EchoStar cites FCC review of its 5G buildout compliance and spectrum rights as source of uncertainty.
Company elected not to pay to allow time for FCC relief before grace period expires.
EchoStar maintains it has met all 5G buildout milestones and seeks to continue network investment.

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