On June 30, 2026, DISH DBS Corporation, DISH Wireless L.L.C., and certain affiliates announced they have filed Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas seeking confirmation of a prepackaged joint restructuring plan. The filing is intended to address DISH DBS’s debt obligations, including approximately $2 billion in senior secured notes due July 1, 2026, after delays in the closing of EchoStar’s spectrum sale to AT&T left DISH DBS without sufficient liquidity to repay the notes while continuing ordinary operations. Under the plan, DISH DBS expects to repay the July 1 notes in full in cash after the AT&T transaction closes or on the plan effective date, while DISH Wireless will complete an orderly wind-down, liquidate allowed claims, and distribute proceeds from remaining asset sales. Holders of qualifying claims related to the decommissioning of DISH Wireless’s 5G network may also recover from a separate $2.4 billion FCC-mandated fund to be established upon closing of the AT&T transaction. The plan was supported by holders of more than 88% of DISH DBS’s secured and unsecured notes in March 2026, and holders of claims entitled to vote face an August 7, 2026 voting deadline.
