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The increase in EchoStar's net loss related principally to increased depreciation and amortization expense (including depreciation of the company's EchoStar I and EchoStar II satellites, launched during 1995 and 1996, respectively), higher interest expense as a result of continued accretion of the company's Dish Notes and ESBC Notes, which were issued during 1994 and 1996, respectively, DISH Network subscriber promotion subsidies (i. Interest expense increased as a result of continued accretion of the Company's Dish Notes, which were issued during 1994, as well as the issuance of the Company's ESBC Notes in March 1996. |
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