Dish is up 9.1% in afternoon trading partly based on a theory that the satellite company is in At&T’s sights now that it has abandoned its effort to merge with T-Mobile. Stifel Nicolaus’ Christopher King is among the analysts who say that it makes sense: At&T craves spectrum, but it has few places to get it. The Justice Department and FCC nixed the idea of a merger with another wireless phone company. Cable operators also are out after their recent agreement to sell the spectrum they control to Verizon Wireless. That would seem to leave Dish, even though it was one of the loudest opponents of At&T’s deal with T-Mobile. Dish founder Charlie Ergen has been amassing spectrum — including some in the 700 megahertz band, which is where At&T is building its 4G network — to help create his own national broadband and video-streaming service. The satellite...
- 12/20/2011
- by DAVID LIEBERMAN, Executive Editor
- Deadline TV
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