Fitch rates EchoStar notes BB-

Fitch Ratings said it assigned a BB- rating to EchoStar DBS Corp.'s $750 million 7¾% senior unsecured notes due 2015, which is a Rule 144A offering.

The issuer is a wholly owned subsidiary of DISH Network Corp. (BB- issuer default rating).

The outlook is stable.

Proceeds are expected to be used for general corporate purposes.

Ratings reflect growing competition and a slowing economy that could weigh on EchoStar's operating results during 2008 and 2009 likely leading to lower gross additions, sluggish growth rates, higher subscriber churn rates and higher subscriber acquisition costs, according to the agency.

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