Dish Networks is in talks to merge with T-Mobile USA, according to sources that spoke to the Wall Street Journal.
The two sides are reportedly in close agreement about what a combined company would look like. Sources say current T-Mobile CEO John Legere could become CEO, while Dish's Charlie Ergen would become chairman. Other issues such as purchase price, and mix of cash and stock remain unresolved.
The deal would provide synergies on both sides that help solve different strategic hurdles. Dish currently owns lots of wireless spectrum, but has no cellular network to put it to use. It also is struggling ways to find success in the declining satellite TV business. Merging with T-Mobile would help address both those needs.
Dish Network recently revamped Sling TV earlier this year to offer a $20 monthly streaming plan, very similar to what Apple is rumored to eventually launch.
Dish's rival, DirecTV is close to finalizing a $49 billion deal to be acquired by AT&T, which is expected to see regulator approval soon.
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You do know that I'm not Steve Wozniak right? And where would Steve Jobs be without Steve Wozniak? Wasn't Apple a sinking ship when Steve Wozniak left? Plus Steve Wozniak isn't a business person. He did want to be a billionaire. He wanted to be happy and make things. He makes a great amount of money and is happy. Do you make a great amount of money and are you happy?
First off, Steve Jobs did a hell of a job he created whether you were there or not, yet look at Apple now without Jobs. It still changes nothing but the CEO with his strategy. Seconds, the uncarrier was the reason I am one of the top CEOs around and sometimes known for most important people. Of course it's happy I have billions of customers switching. Verizon stores closing down slowly nearby, sprint can't expand no matter how many deals come out, and at is idea and money hungry and copy me with expensive deals.
Doesn't the u carriers ring a bell? Who pays more for a carrier trying to be mine? Verizon stores may have large coverage but at what advantage with speeds, I'm going at a decent rate with continuous roolouts of extra lte coverage. Tmobile.com says it all, plus last time I checked sprint, they never lived up to its name along with the weakest coverage known to man no matter what deal they throw out. Here's the truth of speed: watching the NYC lte test.
Then why hasn't T-mobile been able to pass Sprint. And why did Sprint in Q4 of 2014 and Q1 of 2015 been adding customers. If Sprint was so bad then T-mobile would be able to pass them up. But apparently the gimmicks that T-mobile has been using isn't enough to even pass Sprint. On top of that the gimmicks that T-mobile are using is costing them lots of money. And now that the break up fee that AT&T paid them has run out what is T-mobile going to do? Maybe sell to Dish because nobody else wants them.
This deal with dish is supposed to boost some areas. It's said that making this deal fears sprint, furthermore: bgr.com/2015/06/04/t-mobile-dish-vs-verizon-att/ http://www.kansascity.com/news/business/article23078634.html