Dish Network is reportedly in talks to merge with T-Mobile US, a deal that would give T-Mobile what it has been looking for: more spectrum.
Dish, a satellite TV provider, has been buying up spectrum licenses for years but has not yet used its airwaves to offer cellular service. Dish and T-Mobile (owned by Deutsche Telekom) "are in close agreement about what the combined company would look like, with Dish Chief Executive Charlie Ergen becoming the company’s chairman and his T-Mobile counterpart, John Legere, serving as the combined company’s CEO," The Wall Street Journal reported last night, citing people familiar with the matter. "Tougher questions about a purchase price and the mix of cash and stock that would be used to pay for a deal remain unresolved, the people said. One of the people characterized the talks as at 'the formative stage,' and said an agreement might not ultimately be hammered out."
Dish has almost as much spectrum as T-Mobile and combined, the companies would have more than either AT&T or Verizon, according to a report last month by Recon Analytics. The total amount of spectrum isn't necessarily as important as the type of spectrum, as evidenced by the fact that Sprint has more than market leaders AT&T and Verizon.
Read 5 remaining paragraphs | Comments
No comments:
Post a Comment