Dish Network's Wireless Win Could Nix Merger
Last updated: April 23, 2008 - 2:21pm
Dish Network's win in the federal wireless spectrum auction makes it unlikely it will be purchased by AT&T or perhaps even satellite rival DIRECTV. That's the conclusion of an analysis from Citigroup. Dish Network, a sister network of EchoStar, has been rumored for months to be considering buyout deals from telco AT&T. The satellite TV service has been struggling to keep pace with better-financed competitors such as DIRECTV on services such as High-Definition TV. However, Citigroup says Dish's decision to pay $711 million for 163 licenses for wireless spectrum indicates that it wants to go alone in the battle against DIRECTV and cable services.
http://www.tvpredictions.com/dishwire032108.htm
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