TU Media

EchoStar Invests $40 Million in Korean Satellite-based Mobile TV Firm TU

Authored by Mark Hefflinger on February 21, 2007 - 11:09am.

Englewood, Colo. - Satellite TV provider EchoStar Communications announced on Wednesday that its Asian subsidiary has made a $40 million investment in South Korea's TU Media Corp., the operator of a satellite-based mobile TV service.