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AT&T not interested in Dish due to regulatory issues

Geesmill

By Geesmill
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Geesmill Member Level: 1x Advanced

Geesmill

Posted
Posted

Looks as if MA Bell is going to concentrate on operators across the pond.

 

http://online.wsj.com/article/SB10001424052702303983904579095460159359366.html?mod=itp

 

 

 

At an investor conference Tuesday, AT&T T +0.65%Chief Executive Randall Stephenson invoked his company's failed bid for T-Mobile two years ago in making the point that he didn't see the U.S. regulatory environment as hospitable to further consolidation. In doing so, Mr. Stephenson all but told investors that buying Dish Network DISH -2.35%—one frequently discussed strategic option for the telecom giant—was off the table.

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MacinJosh Member Level: LTE Advanced

MacinJosh

Posted
Posted

Huh, what does that have to do with the H block?

We hope the whole AT&T rejecting the chance to buy Dish as a way to depress Charlie Ergen and keep him out of future auctions.

 

 

Sent from Josh's iPhone 5 using Tapatalk 2

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Nickel Member Level: 4G WiMax

Nickel

Posted
Posted

We hope the whole AT&T rejecting the chance to buy Dish as a way to depress Charlie Ergen and keep him out of future auctions.

 

 

Sent from Josh's iPhone 5 using Tapatalk 2

That seems like wishful thinking to me, but I do hope that that ends up being the case. Either that or Sprint jacks up the price so Ergen overpays for it.  :devil: 

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Fraydog Member Level: LTE Advanced

Fraydog

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Can't blame AT&T for that. Either buy European markets for mobile which are still growing, or Dish, which has run out of growth possibilities in TV and with limited spectrum? Gee, that's a hard choice.

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Rawvega Member Level: 4G LTE

Rawvega

Posted
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Poor Charlie can't seem to catch a break.

 

http://www.hollywoodreporter.com/thr-esq/shareholders-sue-dish-charlie-ergen-637535

 

 

Shareholders Sue Dish, Charlie Ergen Over $2.2 Billion Spectrum Bid
10:50 PM PDT 9/26/2013 by Aaron CouchThe lawsuit alleges the the chairman personally bid $2 billion on bankrupt broadband provider LightSquared knowing he'd profit handsomely if Dish outbid him -- which it did.

 

 

A Dish Network shareholder is suing the company and chairman Charlie Ergen after the company made a $2.2 billion bid for a bankrupt broadband provider -- a move that could net Ergen hundreds of millions, but which the suit says is not in Dish's best interests.

 

The Iron Workers Mid-South Pension Fund filed the suit in federal court in Colorado and also names the Dish board as defendants. It says Ergen became the largest creditor of broadband network provider Lightsquared Inc., after it filed for bankruptcy protection in May 2012. Ergen paid approximately $847 million to acquire LightSquared's debt, which had a par value of more than $1 billion. LightSquaredhad "substantial holdings of valuable spectrum assets," which Dish was interested in acquiring.

 

After acquiring LightSquared's debt, Ergen...

 

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CAREND Member Level: eHRPD

CAREND

Posted
Posted

Charlie is nuts about everything. ...snapped this at lunch yesterday ju8uzesu.jpg

 

Sent from my Note II. Its so big.

 

We just had this issue on Time Warner.  It's not just CBS, but showtime and a few other channels.  It was not good for baseball here.

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