Big Sprint Investor Favors Dish Network's Bid

Dish Network's $25.5 billion bid for Sprint Nextel offers more value to shareholders than the wireless company's original deal with Japan's Softbank, Sprint investor Paulson & Co. said. The comments by Sprint's fourth-largest shareholder give a boost to Dish, which lodged its unsolicited cash-and-stock offer Monday. The satellite-television operator is looking to expand its offerings to include mobile-phone service at a time when the pay-television market is reaching a saturation point.