Dish Cleared to Poll Creditors, Advance Restructuring Plan
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Dish Network won court approval to poll creditors on a restructuring deal that would trim billions of dollars in debt from its satellite-TV business and wind down its failed 5G buildout. The bankrupt EchoStar Corp. unit advanced its Chapter 11 plan over objections from cellular tower owners, who argue Bloomberg Terminal the restructuring improperly uses inter-company bond debt to eliminate billions of dollars of potential damage claims stemming from Dish Wireless 's failed 5G business.
