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The Nexus
BUSINESSJul 1 · 12:33 UTCWSOC ABC CHARLOTTEBob D'Angelo, Cox Media Group National Content Desk

Dish DBS files for Chapter 11 bankruptcy protection

Dish DBS, a satellite television operator under EchoStar, filed for Chapter 11 bankruptcy protection due to a delayed AT&T spectrum sale and $25 billion in debt. The company plans to reorganize and pay down debt using proceeds from the sale, with operations continuing uninterrupted.

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