US operator Dish Network is increasingly looking to sell assets in order to raise capital for the build-out of its 5G network.
According to a report from the New York Post last week, the company is struggling to finance the project, and faces an uncertain future, amid speculation around bankruptcy.
Sources told the publication that Dish co-founder and chairman Charlie Ergen is "desperate" to sell some of the company's assets.
"He is trying to sell everything that is non-core and to finance assets that are financeable,” said one source. “The problem is there are only very small things to sell. It’s a drop in the bucket.”
Despite this, the publication reports that the satellite TV company is still expected to meet its commitment to cover 70 percent of the US with a 5G wireless network by the end of the month.
Beyond this, the future is less clear. Dish's next deadline is set for 2025 and while it only requires that Dish cover 75 percent of the US, this will cost billions as Dish will have to cover rural and hard-to-reach parts of the country.
As of the end of last year, Dish reported 7.98 million retail wireless subscribers.
It's been a difficult time of late for Dish, with the company recently losing a spectrum dispute with SpaceX over access to the 12GHz spectrum.