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Update: Dish-DirecTV Merger 'Makes A Lot Of Sense,' Says Ergen


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#1 OFFLINE   Athlon646464

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Posted 13 November 2013 - 10:46 AM

Update: Dish-DirecTV Merger 'Makes A Lot Of Sense,' Says Ergen
 
DirecTV’s CEO may believe regulators would never allow a merger of the two big American satellite TV companies, but Charlie Ergen’s ardor for such a deal remains undimmed.
 
“There’s obviously a business case that [consolidation] makes a lot of sense in the satellite industry,” Ergen, the billionaire chairman and founder of Dish Network, said on the company’s third-quarter earnings call. “Whether it ever comes to fruition is another story. But both Dish and DirecTV realize that it could make a lot of sense.”
 

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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