Dish Network has expressed an interest in either partnering with a wireless carrier like Sprint or Clearwire or buying them outright, Forbes reported. Dish purchased satellite operators Terrestar and DBSD North America, saving them from bankruptcy earlier this year, and is now looking to make use of the wireless spectrum acquired as a result.
“We’ll look at partnerships, acquisitions, all of the above,” said Dish CEO Joseph Clayton, according to Bloomberg.
Upon this announcement, Sprint’s stocks jumped, as a deal like this is predicted to significantly aid in correcting Sprint’s and Clearwire’s current 4G woes. Concerns that such a merger would result in a legal deadlock after the AT&T/T-Mobile model have been assuaged – AT&T has been accused of decreasing competition while Dish would serve to provide a new player to the market. AT&T is currently fending off multiple anti-trust suits from the Department of Justice, Sprint Co., and regional carrier Cellular South.
A deal like this would help Clearwire get the $150-$300 million in funding it so badly needs to implement spectrum maintenance as well as the additional $600 million required to launch its LTE network. Furthermore, Clearwire could afford to abandon talks with wireless carriers to sell its excess spectrum – holdings that are considered the WiMAX operator’s most valuable asset. Clearwire has been negotiating to this end with the likes of Verizon, AT&T, and Metro PCS, the 1st, 2nd, and 6th largest national carriers, respectively.
There are several missing pieces,” Clayton said. “Wireless infrastructure, additional technology capabilities and even distribution are pieces that we’re still working on. Stay tuned.”
