Dish Network's credit rating seen at risk

Washington

DISH Network Corp's credit rating could be downgraded if it has to borrow to pay full price now that US regulators denied the company and its partners US$3.3 billion in discounts for airwaves, analysts said.

The Federal Communications Commission (FCC) on Monday said that two Dish-funded companies need to pay the full US$13.3 billion price, which may come due even if the case goes to court. The FCC rejected the argument that the two companies are independent.