FCC Dishes Out First-Ever Fine for TV Network's Space Junk

The Federal Communications Commission fined DISH network for leaving a satellite in low-Earth orbit, posing safety concerns.

STORY AT-A-GLANCE

• In a historic first, the Federal Communications Commission (FCC) fined TV provider DISH $150,000 over space debris

• DISH failed to properly deorbit its EchoStar-7 satellite, posing potential safety concerns

• FCC’s announcement was followed by a nearly 4% drop in DISH’s share price and sends a message to other satellite operators

• An estimated…