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Moody's: DISH unchanged
Moody's Investors Service said that DISH Network Corp.'s Ba3 corporate family rating and stable outlook are not affected by the announcement that a U.S. appeals court upheld a lower court's ruling that despite changes made by DISH to its DVR software, the company was still infringing on TiVo Inc.'s patents.
The agency believes that DISH has sufficient financial flexibility under its credit metrics and significant liquidity to absorb potential incremental costs associated with any licensing deal made with TiVo.
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