FollowDish Network (DISH)Chairman Charlie Ergen said that if T-Mobile’s (TMUS) merger with Sprint (S) fails, he’s ready to scoop T-Mobile up on the rebound, Bloomberg reported.
Ergen said a merger with DirecTV (DTV) would also be appealing, but would be too expensive and Dish cannot afford to fall into bidding wars with bigger companies, according to Bloomberg.
DirecTV shares have gone up lately on speculation AT&T (T) is in talks to buy the company, following Ergen’s earlier unsuccessful approach to DirecTV.
Bloomberg said T-Mobile US would appeal to Ergen because Dish’s pay-tv subscription service has slowed.
In afternoon trade, DISH was down 0.08% to $60.09, and TMUS was down 0.16% to $31.68.
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David Warren is a serious tech aficionado. Five years ago he finished his studies at the California Institute of Technology, Caltech, where he earned a degree in Computer Science. Two years ago he got hired as a data protection analyst in an American multinational. When he’s bored with security protocols he enjoys writing reviews and previews of his favorite gadgets and games.
