Dish Network's Wireless Win Could Nix Merger


DISH NETWORK'S WIRELESS WIN COULD NIX MERGER

Dish Network's win in the federal wireless spectrum auction makes it unlikely it will be purchased by AT&T or perhaps even satellite rival DIRECTV. That's the conclusion of an analysis from Citigroup. Dish Network, a sister network of EchoStar, has been rumored for months to be considering buyout deals from telco AT&T. The satellite TV service has been struggling to keep pace with better-financed competitors such as DIRECTV on services such as High-Definition TV. However, Citigroup says Dish's decision to pay $711 million for 163 licenses for wireless spectrum indicates that it wants to go alone in the battle against DIRECTV and cable services.
http://www.tvpredictions.com/dishwire032108.htm

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