Jump to content


Welcome to DBSTalk


Sign In 

Create Account
Welcome to DBSTalk. Our community covers all aspects of video delivery solutions including: Direct Broadcast Satellite (DBS), Cable Television, and Internet Protocol Television (IPTV). We also have forums to discuss popular television programs, home theater equipment, and internet streaming service providers. Members of our community include experts who can help you solve technical problems, industry professionals, company representatives, and novices who are here to learn.

Like most online communities you must register to view or post in our community. Sign-up is a free and simple process that requires minimal information. Be a part of our community by signing in or creating an account. The Digital Bit Stream starts here!
  • Reply to existing topics or start a discussion of your own
  • Subscribe to topics and forums and get email updates
  • Send private personal messages (PM) to other forum members
  • Customize your profile page and make new friends
 
Guest Message by DevFuse

Photo

Dish's Ergen Makes 2 Billion offer for LightSquared


  • Please log in to reply
8 replies to this topic

#1 OFFLINE   dennispap

dennispap

    Icon

  • Registered
  • 664 posts
Joined: Feb 01, 2007

Posted 21 May 2013 - 05:04 PM

Dish's Ergen Makes $2 Billion Offer for LightSquared
LightSquared Has Until May 31 to Accept Offer

" While there has been some twitching from the corpse of LightSquared in DC, it has been fairly clear to everyone that the company has been dead for quite some time. Now insiders tell Bloomberg that Charlie Ergen made a $2 billion "stalking horse" bid to acquire LightSquared's assets and spectrum"


http://www.dslreport....Squared-124330

...Ads Help To Support This Site...

#2 OFFLINE   phrelin

phrelin

    Hall Of Fame

  • Registered
  • 13,554 posts
  • LocationNorthern California Redwoods
Joined: Jan 18, 2007

Posted 21 May 2013 - 05:12 PM

Wonder what it's like to actually embody the saying "A billion here, a billion there...."


"In a hundred years there'll be a whole new set of people."
"Always poke the bears. They sleep too much for their own good."

"If you're good enough, they'll talk about you." - Tom Harmon
A GEEZER who remembers watching TV in 1951 and was an Echostar customer from 1988 to 2008, now a Dish Network customer.
My AV Setup
My Slingbox Pro HD Experience
My Blog: The Redwood Guardian


#3 OFFLINE   SayWhat?

SayWhat?

    Know Nothing

  • Registered
  • 5,718 posts
Joined: Jun 06, 2009

Posted 21 May 2013 - 05:36 PM

^^  Think about it next time you pay your monthly DVR fee.


Help stamp out Twits and Twitterers!

HD, SchmacHD!! Just be glad you've got a picture at all.

#4 ONLINE   mitchflorida

mitchflorida

    Godfather

  • Registered
  • 440 posts
Joined: May 18, 2009

Posted 22 May 2013 - 05:00 AM

Your DVR fee has nothing to do with LightSquared and Sprint and everything to do with DirecTV and Comcast Cable rates.



#5 OFFLINE   Paul Secic

Paul Secic

    Hall Of Fame

  • Registered
  • 6,176 posts
Joined: Dec 16, 2003

Posted 22 May 2013 - 09:42 AM

Wonder what it's like to actually embody the saying "A billion here, a billion there...."


Enjoying AT 250 HBO, 

 

Equipment: VIP 722 reciever


#6 OFFLINE   Paul Secic

Paul Secic

    Hall Of Fame

  • Registered
  • 6,176 posts
Joined: Dec 16, 2003

Posted 22 May 2013 - 09:43 AM

Powerful!


Enjoying AT 250 HBO, 

 

Equipment: VIP 722 reciever


#7 OFFLINE   lee635

lee635

    Hall Of Fame

  • Registered
  • 2,017 posts
Joined: Apr 17, 2002

Posted 03 June 2013 - 10:31 AM

I would be interested in a cell service that integrated an on demand access to sat service.  That could be a great selling point for picking your cell service.  Agreed that anyone concerned about natural disasters, emergency responders, government agencies, large corporations, etc. would all be interested in a simple satellite service solution. 

 

Right now, we are looking at purchasing sat phone service for work, but you have to get a special phone and keep it charged despite infrequent use.  And what if there is a disaster while you are at home, but the sat phone is at work?   This could be a great selling point...


An eye for an eye makes the whole world blind. - Ghandi

#8 OFFLINE   Inkosaurus

Inkosaurus

    Icon

  • Registered
  • 678 posts
Joined: Jul 29, 2011

Posted 03 June 2013 - 04:33 PM

Yes because clearly Dish invented DVR fees and is the only company to use them. :rollseyes:

 

^^  Think about it next time you pay your monthly DVR fee.



#9 OFFLINE   oldengineer

oldengineer

    Godfather

  • Registered
  • 455 posts
Joined: May 25, 2008

Posted 28 July 2013 - 09:09 AM

A new insight into an old thread:

 

Yesterday's WSJ had an article about this. It seems that Charlie formed a dummy corp, SP Special Opportunities LLC and purchased more than $1B of LightSquared bank debt, lots of it at  50 to 60 cents on the dollar. If the Dish purchase goes thru $1.7B would be used to pay off that debt. There are legal problems because potential buyers were not supposed to own any of LightSquared's debt, but that's what lawyers are for. Anyhow if Dish does go through with the purchase it looks like Charlie could make close to $1B from it.


2H/1J





Protected By... spam firewall...And...