Charlie’s Vision—The Convergence of Wireless and Video
If the Verizon/cable spectrum deal signaled the melding of wireless and video, DISH’s $25.5bln offer to merge with Sprint Nextel only strengthened it. The satellite company’s bid is $5bln more than Japanese carrier SoftBank’s earlier takeover proposal, but the offer goes far beyond the money: chief exec Charlie Ergen envisioned an emerging world of wireless and video on a conference call Mon. Here is his vision for becoming a single service provider offering both video and wireless data.
Analysts chimed in on DISH’s bid for Sprint Nextel. Though the satellite company is more “strategically desperate for Sprint than is SoftBank,” the Japanese carrier has deeper pockets, said Stifel Nicolaus analysts. Read more on their view.