EchoStar Corporation generates most of its revenue from satellite television, serving roughly 5 million U.S. satellite subscribers, or about 10% of the traditional TV market. The company also reaches around 2 million customers through its Sling brand. In addition, EchoStar has built a substantial portfolio of spectrum licenses and acquired Sprint’s prepaid business, which serves about 7 million customers primarily under the Boost brand. The company has agreed to sell part of its wireless spectrum licenses to AT&T and SpaceX and will depend significantly on the AT&T network to support its customers. EchoStar’s legacy operations also include satellite telecommunications services and equipment for businesses and consumers, including approximately 700,000 internet subscribers.