Property and Equipment and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of property and equipment

	Depreciable Life			As of December 31,
	(In Years)			2024		2023
				(In thousands)
Equipment leased to customers	2	-	5	$	1,784,801	$	1,977,450
Satellites (1)	5	-	15		3,872,664		4,168,766
Satellites acquired under finance lease agreements (2)		15			344,972		712,832
Furniture, fixtures, equipment and other	1	-	20		1,686,992		1,691,389
5G Network Deployment equipment (3)	3	-	15		5,382,706		4,263,327
Software and computer equipment	2	-	8		2,216,007		2,503,597
Buildings and improvements (4)	1	-	40		513,419		538,815
Land (4)		-			42,842		46,675
Construction in progress		-			1,570,275		1,844,338
Total property and equipment					17,414,678		17,747,189
Accumulated depreciation					(8,227,546)		(8,185,355)
Property and equipment, net				$	9,187,132	$	9,561,834

(1) The Spaceway 3 satellite was deorbited in January 2024.

(2) This decrease is primarily related to the Nimiq 5 finance lease that was extended in October 2024 and as a result is currently accounted for as an operating lease.

(3) Includes 5G Network Deployment assets acquired under finance lease agreements.

(4) This decrease resulted from the sale of certain assets to CONX Corp., which closed May 1, 2024. See Note 18 for further information.

Schedule of construction in progress

	As of December 31,
	2024		2023
	(In thousands)
Pay-TV	$	268,423	$	162,055
Wireless		1,276,393		1,639,945
Broadband and Satellite Services		25,459		42,338
Total construction in progress	$	1,570,275	$	1,844,338

Schedule of depreciation and amortization expense

	For the Years Ended December 31,
	2024		2023		2022
	(In thousands)
Equipment leased to customers	$	283,099	$	329,449	$	400,651
Satellites		293,260		264,433		268,994
Buildings, furniture, fixtures, equipment and other		124,123		144,722		98,762
5G Network Deployment equipment		718,729		371,640		29,992
Software and computer equipment		374,953		270,200		185,538
Intangible assets and other amortization expense		136,029		217,479		190,958
Total depreciation and amortization	$	1,930,193	$	1,597,923	$	1,174,895

Schedule of asset retirement obligations

	As of December 31,
	2024		2023
	(In thousands)
Balance, beginning of period	$	278,287	$	183,135
Liabilities incurred		20,929		74,189
Accretion expense		27,815		20,963
Balance, end of period	$	327,031	$	278,287
Total included in Other long-term liabilities	$	327,031	$	278,287

Schedule of identifiable intangibles subject to amortization

	As of December 31,
	2024				2023
	Intangible		Accumulated		Intangible		Accumulated
	Assets		Amortization		Assets		Amortization
	(In thousands)
Technology-based	$	115,173	$	(112,557)	$	115,166	$	(111,989)
Trademarks		164,834		(101,522)		164,834		(90,326)
Contract-based		41,500		(41,500)		41,500		(41,500)
Customer relationships		902,753		(893,742)		902,858		(807,651)
Total	$	1,224,260	$	(1,149,321)	$	1,224,358	$	(1,051,466)

Schedule of estimated future amortization of identifiable intangible assets

Estimated future amortization of our identifiable intangible assets as of December 31, 2024, excluding non-amortizing intangibles, is as follows:

For the Years Ending December 31,	Total
	(In thousands)
2025	$	15,791
2026		14,094
2027		12,851
2028		12,357
2029		11,767
Thereafter		7,850
Total	$	74,710

Schedule of Regulatory Authorizations

As of December 31, 2024 and 2023, our Regulatory Authorizations with indefinite lives consisted of the following:

		As of December 31,
	Segment	2024		2023
		(In thousands)
DBS Licenses	Pay-TV	$	677,409	$	677,409
700 MHz Licenses	Wireless		701,803		711,871
AWS-4 Licenses	Wireless		1,928,688		1,940,000
H Block Licenses	Wireless		1,671,506		1,671,506
600 MHz Licenses	Wireless		6,192,575		6,213,335
MVDDS Licenses	Wireless		24,000		24,000
28 GHz Licenses	Wireless		2,883		2,883
24 GHz Licenses	Wireless		11,772		11,772
37 GHz, 39 GHz & 47 GHz Licenses	Wireless		202,392		202,533
3550-3650 MHz Licenses	Wireless		912,200		912,939
3.7-3.98 GHz Licenses	Wireless		2,969		2,969
3.45-3.55 GHz Licenses	Wireless		7,329,093		7,327,989
1695-1710 MHz, 1755-1780 MHz and 2155-2180 MHz	Wireless		972		972
AWS-3 (1)	Wireless		9,829,287		5,618,930
SNR (1)	Wireless		—		4,271,459
Subtotal			29,487,549		29,590,567
Capitalized Interest (1)			9,502,912		8,523,682
Total		$	38,990,461	$	38,114,249

(1) See Note 2 for further information.

Regulatory Authorizations – Broadband and Satellite Services Segment

As of December 31, 2024 and 2023, our Regulatory Authorizations for our Broadband and Satellite Services segment with indefinite lives consisted of the following:

	As of December 31,
	2024		2023
	(In thousands)
95 W	$	200,000	$	200,000
107 W		200,000		200,000
Sirion-1 Filing		39,160		39,160
Total	$	439,160	$	439,160

Schedule of finite lived intangible assets with regulatory authorizations

	As of December 31,
	2024				2023
	Finite Lived		Accumulated		Finite Lived		Accumulated
	Assets		Amortization		Assets		Amortization
	(In thousands)
Total	$	53,160	$	(40,615)	$	58,061	$	(38,490)

Schedule of finite lived intangible assets with regulatory authorizations future amortization expense

For the Years Ending December 31,	Total
	(In thousands)
2025	$	3,817
2026		3,767
2027		1,707
2028		482
2029		482
Thereafter		2,290
Total	$	12,545

Pay-TV

Schedule of satellites

As of December 31, 2024, our Pay-TV segment satellite fleet consisted of the following:

		Degree	Lease
	Launch	Orbital	Termination
Satellites	Date	Location	Date
Owned:
EchoStar X	February 2006	110	N/A
EchoStar XI	July 2008	110	N/A
EchoStar XIV	March 2010	119	N/A
EchoStar XV	July 2010	61.5	N/A
EchoStar XVI	November 2012	61.5	N/A
EchoStar XVIII	June 2016	61.5	N/A
EchoStar XXIII	March 2017	110	N/A
Under Construction:
EchoStar XXV	2026	110	N/A
Leased from Other Third-Party:
Anik F3	April 2007	118.7	April 2025
Nimiq 5	September 2009	72.7	October 2029

Broadband and Satellite Services

Schedule of satellites

As of December 31, 2024, our Broadband and Satellite Services segment satellite fleet consisted of the following:

		Degree	Lease
	Launch	Orbital	Termination
Satellites	Date	Location	Date
Owned:
EchoStar IX	August 2003	121	N/A
EchoStar XVII	July 2012	107	N/A
EchoStar XIX	December 2016	97.1	N/A
EchoStar XXI	June 2017	10.25	N/A
Al Yah 3	January 2018	20	N/A
EchoStar XXIV	July 2023	95.2	N/A
Leased from Other Third-Party:
Eutelsat 65 West A	March 2016	65	July 2031
Telesat T19V	July 2018	63	August 2033
EchoStar 105/SES-11	October 2017	105	November 2029