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Dish May Cast a Wider Net


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#1 OFFLINE   Athlon646464

Athlon646464

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Joined: Feb 23, 2007

Posted 22 June 2013 - 04:35 AM

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.
 
 
provider-dishnetwork-logo-big.gif

1 HR34-700, 1 C31-700, 1 HR24-500
Original install on April 20, 2008 - HR34 & C31 installed on August 24, 2013 - HR24 installed on July 23, 2010

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