As soon as Monday morning, The Wall Street Journal says that DirecTV could announce the acquisition of its rival satellite television content provider Dish Network. For current Dish owner EchoStar, this deal would remove the pressure of having to make some upcoming debt payments. There have been questions about whether Dish Network could make these payments and as such, its ability to continue as a going concern This fear included EchoStar after it purchased Dish Network on the last day of last year.
PhoneArena headline from April 15th, 2013 when Dish bid for all of Sprint for $25.5 billion. | Image credit-PhoneArena
Charles Ergen also interjected himself into the big wireless deal of 2013 when he tried to breakup SoftBank’s purchase of Sprint by trying to buy the carrier for Dish Network. Despite a $25.5 billion bid for all of Sprint that he announced in Aptil, 2013, it was SoftBank that acquired most of Sprint. Those shares were later purchased by T-Mobile when the carrier bought Sprint for itsd mid-band 2.5GHz holdingsd in 2020.
With an aggressive postpaid plan that promises subscribers new iPhone and Galaxy S models each year, and the launch of its standalone 5G network that will deliver faster and improved 5G service while being able to handle increased 5G traffic, there actually is a reason to be optimistic about EchoStar and its Boost Mobile wireless service if it can jettison Dish Network in the deal expected to be announced Monday.,
