EchoStar Corporation (NASDAQ: SATS) has elected not to make approximately $183 million in cash interest payments due June 1, 2026, on bonds issued by its DISH DBS Corporation subsidiary, according to a company statement.

The deferred payments include $72.2 million on 5.25% secured notes due 2026, $71.9 million on 5.75% secured notes due 2028, and $38.4 million on 5.125% unsecured notes due 2029. Under the bond indentures, the company has a 30-day grace period before the non-payment constitutes an event of default.

EchoStar stated it chose to defer the payments to preserve liquidity while awaiting $20.25 billion in net proceeds from pending AT&T transactions. The transactions have received regulatory approvals from the Federal Communications Commission and Department of Justice, though the FCC's approval remains subject to its order becoming final.

The company noted that completion of the AT&T transactions remains subject to satisfaction of certain other closing conditions outlined in its Form 8-K filing from August 26, 2025.