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Dish May Cast a Wider Net

Discussion in 'General DISH™ Discussion' started by Athlon646464, Jun 22, 2013.

  1. Athlon646464

    Athlon646464 Gold Members DBSTalk Gold Club

    Feb 23, 2007
    Uxbridge, MA
    Dish May Cast a Wider Net

    Having abandoned efforts to buy Sprint Nextel Corp., Dish Network Corp.'s next move may be to resurrect merger talks with satellite rival DirecTV or re-engage wireless carrier T-Mobile US Inc., analysts said on Friday.

    Dish earlier this year held preliminary discussions about a possible merger with the wireless phone company, which is majority owned by Deutsche Telekom AG, according to people familiar with the matter.

    T-Mobile declined to comment.

    Dish, of Englewood, Colo., disclosed its decision on Sprint on Friday in a regulatory filing, which also said the company would buy back $2.6 billion in debt that it had raised specifically to finance the Sprint bid. Earlier this week, Dish said it wouldn't update its offer for the third-largest U.S. wireless carrier, clearing the way for Japan's SoftBank Corp. to proceed with its $21.6 billion purchase for 78% of Sprint. Dish didn't formally withdraw from the contest at that time, however.

    Full Story Here


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