Thursday, August 8, 2013

Android World Update # Dish Network still wants in on wireless carrier market according to CEO Ergen

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Dish Network still wants in on wireless carrier market according to CEO Ergen
Aug 7th 2013, 18:34, by Jeff Causey

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During a recent conference call to discuss the Dish Network’s disappointing second-quarter financial results, CEO Charles Ergen dropped some hints that the company is still interested in becoming a player in the wireless carrier market. During the second quarter, Dish saw its subscriber base shrink by about 78,000 subscriptions as it continued to try to compete in the changing landscape of video content. Combined with increasing programming costs, the company experienced a loss during the second quarter. In an effort to reverse course, Dish would like to capitalize on an asset it continues to hold, unused wireless spectrum. Finding a partner to make that a reality has been a challenge though as the recently company lost out to Softbank in a bid to acquire Sprint earlier this year.

Ergen seems to think there is still an opportunity for Dish and Sprint to do something together that would benefit both companies. While acknowledging that Dish “gave our best shot to get it” referring to the Sprint acquisition attempt, Ergen still thinks some kind of partnership might be “an interesting fit.” What would not be as interesting would be an attempt to acquire T-Mobile, a move Ergen says “may be a challenge we wouldn’t feel comfortable taking on.” That position is quite a bit different from earlier this year when Dish sought out a possible deal with T-Mobile.

source: Bloomberg


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