DISH Network receives a shot in the arm from their investors. Moody’s investor service raised several credit ratings for the company yesterday. The corporate rating went from a Ba3 to a Ba2. They confirmed an overall “Stable” rating outlook for DISH Network. A major reason for this boost, cited by Moody’s, is the litigation settlement with TiVo Inc. DISH Network and its sister concern EchoStar Corp. has settled all their pending legal battles with TiVo Inc. related to patent infringement. In return for the settlement TiVo has granted DISH Network a license under its Time Warp patent and certain related patents, for their remaining lives. Time Warp is an innovative technology that allows users to record one TV program while watching another. We believe Time Warp license will place DISH Network with its closest rivals within the satellite TV, cable TV, and telecom industry. TiVo already announced that it will also play a role in helping DISH Network to promote the Blockbuster digital video services.
DISH Network is striving hard to develop themselves as storage for spectrums that can be used to grow a viable pay-TV distribution network to offer mobile Internet services to its customers. Thus enabling DISH Network to deploy a hybrid terrestrial-satellite broadband network, by using these slots of airwaves, DISH can form a formidable video-on-demand service over a wireless network of mobile handsets, such as smart phones and tablets. To learn more about your satellite TV programming package, visit us at DISH Systems or call (866)989-3474. Have you checked out Blockbuster Movie Pass yet?