TAIPEI — EchoStar Corp. booked $282 million in impairment charges in the three months ending Sept. 30, much of it relating to its EchoStar 21 satellite over Europe, as the company pursued its transformation in the wake of its spectacular sale of spectrum to SpaceX.
The S-band satellite, with more than half its estimated 15-year service life remaining, has no more value to EchoStar except what might be recovered by its sale to whatever company assumes EchoStar’s European license.
EchoStar’s $17-billion . . .
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