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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): DECEMBER 1, 1999
ECHOSTAR COMMUNICATIONS CORPORATION
(Exact name of registrant as specified in charter)
NEVADA 0-26176 88-0336997
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
5701 S. SANTA FE DRIVE
LITTLETON, COLORADO 80120
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 723-1000
ITEM 5. OTHER EVENTS
EchoStar Communications Corporation ("EchoStar") announced on November 29,
1999 that it is offering $400 million aggregate principal amount of
Convertible Subordinated Notes due 2006, in accordance with Securities and
Exchange Commission Rule 144A.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
ECHOSTAR COMMUNICATIONS CORPORATION
/s/ Doron Gorshein
Dated: December 1, 1999 By: _____________________________
Doron Gorshein,
Vice President and Associate General
Counsel
EXHIBITS INDEX
Exhibit Description ------- -----------
99.1 Press Release, dated November 29, 1999, issued by EchoStar
announcing $400 Million Rule 144A Offering.
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
_____________________
CONTACT: Judianne Atencio
Director of Communications
EchoStar Communications Corp.
303/723-2010
judianne.atencio@echostar.com
ECHOSTAR COMMUNICATIONS CORPORATION ANNOUNCES $400
MILLION RULE 144A OFFERING
Littleton, Colo., Monday, Nov. 29, 1999 - EchoStar Communications Corporation
(NASDAQ:DISH, DISHP) today announced that it is offering $400 million
aggregate principal amount of Convertible Subordinated Notes due 2006, in
accordance with Securities and Exchange Commission Rule 144A. The net
proceeds of the offering are expected to be used to fund subscriber
acquisition costs, for capital expenditures in connection with the
construction and launch of additional satellites or for other general
corporate purposes (including potential acquisitions and debt service). The
notes have not been registered under the Securities Act of 1933 and may not be
offered or sold in the United States absent registration under such Act or an
applicable exemption from registration requirements.
EchoStar Communications Corp., includes three interrelated business units:
* DISH Network TM is EchoStar's state-of-the-art direct broadcast satellite
system that is capable of offering over 500 channels of digital video and
CD-quality audio programming, fully MPEG-2/DVB compliant hardware and
installation. DISH Network was also ranked number one in customer
satisfaction among satellite/cable TV subscribers by the J.D. Power and
Associates 1999 Cable/Satellite TV Customer Satisfaction Study.
* EchoStar Technologies Corporation designs, manufactures and distributes
DBS set-top boxes, antennas and other digital equipment for the DISH
Network and various international customers that include ExpressVu Canada
and the Via Digital system in Spain. ETC provides construction, oversight
and project integration services for customers internationally. ETC also
oversees EchoStar Data Networks Corporation in Atlanta, a leading supplier
of MediaStream R technology for distributing Internet content over
satellite networks.
* Satellite Services provides the delivery of video, audio and data services
to business television customers and other satellite users. These
services include satellite uplink, satellite transponder space usage and
other services. Satellite Services also administers Sky Vista, a direct
broadcast satellite service offering popular digital satellite television
programming to viewers in Alaska, Hawaii, Puerto Rico and the U.S.
territories in the Caribbean.
DISH Network, which currently serves over 3.1 million customers, is a
trademark of EchoStar Communications Corporation. DISH Network is located
on the Internet at www.dishnetwork.com.
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