toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

Reuters: Dish Network looks to acquire T-Mobile next year

updated 01:51 pm EST, Thu December 19, 2013

Report claims discussions occurring between Dish, Deutsche Telekom

Dish Network is still considering an attempt to acquire T-Mobile sometime next year, according to a report. Despite its failure to secure Sprint in the last year, the satellite TV service is still looking towards owning a carrier and offering cellular service, with the potential acquisition attempt seemingly setting up Dish for another battle with Softbank.

Sources of Reuters claim Dish is still mulling over the decision, something that chairman Charlie Ergen said the company was still open to in November. The three sources also state that Dish has started speaking to Deutsche Telekom about a potential acquisition. Considering Dish, T-Mobile, and Deutsche Telekom have declined to comment, and that the report claims the sources were not authorized to speak to the media, it could be a sign that negotiations are underway.



Rumors late last week suggested that Sprint would be preparing to offer more than $20 billion for T-Mobile. While a possibility, it is thought that such a deal would have trouble receiving approval from regulators, as it would in theory leave Americans with three major carriers rather than four, and could be denied over antitrust concerns in a similar way to AT&T's $39 billion bid for T-Mobile in 2011. An acquisition by Dish would most likely receive less scrutiny, as it would in theory maintain the current market's four separate major carriers.

The battle for T-Mobile could end up being a rerun of the competing bids for Sprint, where Softbank offered $21.6 billion and won against Dish's $25.5 billion proposal. Sprint then went on to win over Clearwire's board in a second acquisition with a higher $5-per-share offer compared to Dish's $4.40. Though it would be a similar competition, the possibility for Sprint to be ruled out of the running by regulators can only be helpful to Dish's campaign.




by MacNN Staff

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented