T-Mobile US said to be mulling merger with Dish Network
The US multiplay convergence race looks set to continue with the WSJ reporting that scrappy mobile operator T-Mobile US is in talks to merge with cable TV player Dish Network.
The US multiplay convergence race looks set to continue with the WSJ reporting that scrappy mobile operator T-Mobile US is in talks to merge with cable TV player Dish Network.
The quarterly earnings season has provided a timely boost to the T-Mobile US acquisition saga. Apparently scared off by US regulators, Sprint ended its long courtship of DT’s US operation earlier this week, just after France’s Iliad had put in a surprise bid of its own.
US satellite operator Dish Network has submitted an official filing with regulator the FCC, expressing concerns over two of the biggest proposed mergers on the table in the US market at present. Dish wants the pending Comcast and Time Warner Cable, and AT&T and DirecTV deals to go under the microscope.
US satellite player Dish Network has announced that it is withdrawing its offer to acquire all of the outstanding shares of in wimax player Clearwire. Dish cited Clearwire’s recent decision to recommend a rival offer from mobile operator Sprint as a key reason it has opted to withdraw its offer.
Sprint has filed a lawsuit in a bid to block the acquisition of 49.8 per cent of Clearwire by Dish Networks. The suit, which alleges that Dish’s tender offer for Clearwire is unactionable, is the latest twist in the story of Sprint’s evolution and Dish’s desire for US spectrum assets.
US satellite TV player has stirred controversy in its bid to acquire mobile operator Sprint by accusing rival bidder, Japanese operator Softbank, of posing a threat to US national security.
Fresh from its attempt to scupper a potential deal between US operator Sprint Nextel and Wimax operator Clearwire, Dish Network is now going right for the source with a $25.5bn offer to merge with Sprint.
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