Elon Musk and the end of a telecom tycoon’s dream

Elon Musk and the end of a telecom tycoon’s dream

In recent weeks, satellite business EchoStar has clinched multibillion-dollar deals with SpaceX and AT&T. It may sound like boom times for founder Charlie Ergen, but these deals illustrate something different: the abandoning of an ambitious, decades-long quest to build his own mobile phone network. The FT’s Wall Street editor Sujeet Indap and US trading and crypto correspondent Jill R Shah explain how Ergen’s fortunes changed, and the role Elon Musk and US President Donald Trump played in that.


Clips from CNBC, Reuters, Yahoo Finance, Echostar/Vimeo


- - - - - - - - - - - - - - - - - - - - - - - - - -


For further reading:

How a deal with Elon Musk helped a telecoms tycoon save his company from bankruptcy

Trump forces billionaire to fold

Charlie Ergen: Media mogul at a Sprint


- - - - - - - - - - - - - - - - - - - - - - - - - -


Behind the Money has been nominated for a Signal Award in the Money & Finance category! It's a Listener Choice award, which means we need your help. Vote for us to win here. We appreciate your support!


Follow Sujeet Indap on X (@sindap), or on Bluesky (@sindap.bsky.social). Follow Jill Shah on X (@jillrshah). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Jaksot(319)

Chevron prepares to take on ExxonMobil

Chevron prepares to take on ExxonMobil

Earlier this summer, energy supermajor Chevron secured access to one of the most valuable oilfields in the world. It was the culmination of a months-long battle that pitted America’s second-largest oi...

3 Syys 202519min

Coming soon from Tech Tonic: Will AI ruin music?

Coming soon from Tech Tonic: Will AI ruin music?

AI music generators - platforms that use artificial intelligence to create new, original music from scratch - can make songs that are almost indistinguishable from human creations. For some musicians,...

29 Elo 20251min

Unhedged: The Fed under attack

Unhedged: The Fed under attack

This week we're sharing an episode from, Unhedged, another podcast from the FT network.The annual meeting of central bankers in Jackson Hole, Wyoming, is supposed to be an intellectual retreat. Instea...

27 Elo 202520min

Palantir’s relentless rise

Palantir’s relentless rise

Palantir shares have soared this year, making the data analytics company one of the most valuable listed US tech groups. The FT’s Tabby Kinder explains how a paradigm shift in Silicon Valley helped pr...

20 Elo 202523min

Why Big Tobacco is buzzing over nicotine pouches

Why Big Tobacco is buzzing over nicotine pouches

This is a revised version of an earlier episode and clarifies the position of Zyn in the US market.As the popularity of cigarettes has slid in the past couple decades, Big Tobacco has been searching f...

19 Elo 202520min

Can Bobby Jain build the next hedge fund giant?

Can Bobby Jain build the next hedge fund giant?

Two summers ago, hedge fund manager Bobby Jain set out with a huge goal: build a hedge fund that can rival the likes of industry giants Citadel and Millennium. But in the year since his firm started t...

6 Elo 202522min

Fixable: How to bring a business back to life

Fixable: How to bring a business back to life

This week we’re sharing an episode from Fixable, a podcast from TED. In it, hear about the resurrection of Barnes & Noble. Chief revival architect and CEO James Daunt joins hosts Anne Morriss and Fran...

30 Heinä 202539min

Wall Street banks and private equity’s tussle over junior talent

Wall Street banks and private equity’s tussle over junior talent

The competition for junior talent between private equity and Wall Street banks reached a new peak this summer. That’s thanks to a controversial recruiting practice that is causing both industries to f...

23 Heinä 202523min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
ostan-asuntoja-podcast
rss-rahamania
rss-sami-miettinen-neuvottelija
rss-lahtijat
rss-rentotapaus
kultaiset-hoitajat
rss-startup-ministerio
rss-seuraava-potilas
herrasmieshakkerit
rss-strategian-seurassa
asuntoasiaa-paivakirjat
rss-h-asselmoilanen
rss-tyoelamasta-podcast
rss-vaikuttavan-opettajan-vierella
rss-set-for-life-sijoita-ja-vaurastu