ENGLEWOOD, Colo., Nov. 13,
2023 /PRNewswire/ -- DISH Network Corporation
today announced Hamid Akhavan has
joined DISH as president and chief executive officer (CEO), in
addition to his current role as CEO and president of EchoStar. Mr.
Akhavan will oversee all aspects of the company's video services
and wireless businesses, as well as its subsidiaries.
When the merger between DISH and EchoStar was announced, it was
also announced that Mr. Akhavan would become CEO of the combined
company. The transaction, which is subject to regulatory approvals
and customary closing conditions, is expected to be completed by
year-end.
"Hamid brings a unique set of skills to DISH, building off his
experience in the technology, telecom, private equity and
investment sectors," said Charlie
Ergen, co-founder and chairman, DISH Network. "An engineer
by background, he's financially astute and a seasoned manager. He
currently serves EchoStar, DISH's sister company, as CEO and will
lead both companies in order to hit the ground running, once the
merger with EchoStar is complete."
Before joining DISH and EchoStar, Mr. Akhavan was most recently
a partner at Twin Point Capital, an investment firm, and a founding
partner of Long Arc Capital LLC. He held a variety of executive
leadership positions including CEO of Unify Inc. (formerly Siemens
Enterprise Communications), Chief Operating Officer at Deutsche
Telekom and CEO of T-Mobile International, where he also served as
a member of the Board of Management of Deutsche Telekom.
"There is tremendous opportunity at DISH, and even more so once
it's combined with EchoStar," said Mr. Akhavan. "This appointment
will enable me and the teams to get a headstart in preparing to run
the combined business of the companies."
About DISH Network
DISH Network Corporation is a
connectivity company. Since 1980, it has served as a disruptive
force, driving innovation and value on behalf of consumers. Through
its subsidiaries, the company provides television entertainment and
award-winning technology to millions of customers with its
satellite DISH TV and streaming SLING TV services. In 2020, the
company became a nationwide U.S. wireless carrier through the
acquisition of Boost Mobile. DISH continues to innovate in
wireless, building the nation's first virtualized, O-RAN 5G
broadband network. DISH Network Corporation (NASDAQ:
DISH) is a Fortune 200 company.
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SOURCE DISH Network Corporation
