Dish, EchoStar Complete Asset Swap

March 2, 2017 |Mergers & Acquisitions

Dish Network completed its asset swap with EchoStar, it said in a news release Wednesday. Dish picked up EchoStar's 10 percent stake in Sling TV and wireless spectrum licenses covering four markets in the 28 GHz band, in exchange for Dish's 80 percent economic interest in Hughes Retail Group held in the form of a tracking stock (see 1701310064).