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EchoStar Communications Monday announced that its subsidiary, EchoStar DBS Corporation, is offering approximately $1 billion aggregate principal amount of debt securities in accordance with Securities and Exchange Commission Rule 144A. The proceeds of the offering are intended to be used for general corporate purposes. This notice does not constitute an offer to sell or the solicitation of an offer to buy securities. Any offers of the securities will be made only by means of a private offering circular. The notes have not been registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Related Links EchoStar SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express ![]() ![]() Investment in Indonesia's cellular industry is estimated to reach more than 1 billion US dollars in 2005, as operators move to capitalize on growing market demand due to the relatively low penetration of fixed-line telephones, reports said Wednesday.
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