Dish DBS Files for Chapter 11 Bankruptcy on June 30 Over Delayed AT&T Spectrum Deal

Dish DBS Corp. and related wireless entities filed for prepackaged Chapter 11 bankruptcy protection on June 30, 2026, according to Stocktwits. The filing, supported by holders of more than 88% of its notes, follows unexpected delays in a multi-billion-dollar wireless spectrum sale to AT&T that was intended to provide liquidity for a $2 billion of 7.75% senior secured bonds maturing on July 1, 2026.

Parent company EchoStar emphasized that the strategic restructuring will not interrupt day-to-day services at Dish TV or Sling TV, nor impact employees. Once the AT&T transaction closes, the company plans to use proceeds to retire the overdue bonds and finalize an orderly exit from its facilities-based 5G wireless network.