Dish 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.
Latest posts by David Warren (see all)
- Insects Such As Fruit Flies Can Unexpectedly See In High-Res - Sep 10, 2017
- The Swimming Style Of Plesiosaurs Explained By A Robot - Sep 1, 2017
- Binge-Watching Proved to Cause Sleep Disorders - Aug 23, 2017