Dish Network chairman Charlie Ergen appears to have settled a long-simmering dispute with hedge fund operator Phil Falcone over the bankrupt wireless networking company LightSquared.
The complicated, litigious narrative triangle between Charlie Ergen, hedge funder Phil Falcone and bankrupt wireless company LightSquared has entered the next courtroom-fueled chapter, with Falcone's Harbinger Capital suing Ergen and his Dish Network for $1.5 billion.
Dish Network Chairman Charlie Ergen has told the FCC to reject the proposed mega-merger between Comcast and Time Warner Cable.
What will Charlie Ergen and Dish Network do with all of that spectrum? As Dish's competitors attempt to consolidate all around it, that is the essential question posed in a Monday B arron's report, which casts Dish's chairman as a patient, wily poker player, biding his time as his rivals frantically over-play their hands.
Now that AT&T's bid to acquire DirecTV is official, and the FCC's rules for the spectrum screen and the 600 MHz auction are finalized, the merger-and-acquisition landscape in the wireless industry is now much, much clearer. Specifically, the proposed merger between Sprint and T-Mobile US appears significantly more daunting, and a Verizon purchase of Dish Network's spectrum appears somewhat more likely.
In a move that directly reflects Comcast's $45 billion acquisition bid for Time Warner Cable, Dish Network Chairman Charlie Ergen has reportedly reached out to DirecTV CEO Mike White about merging the two satellite services.
Top executives at Dish Network and DirecTV used their fourth-quarter earnings calls to react to Comcast's merger proposal with Time Warner Cable, expressing concerns about the number of pay-TV subscribers and programming assets that Comcast and TWC would control.
After Dish Network founder and Chairman Charlie Ergen shot down my interview request last Tuesday, I was a bit surprised that the company agreed to schedule an interview the next day with CEO Joseph Clayton.
A U.S. Bankruptcy Court judge ruled on Tuesday that LightSquared can push ahead with its lawsuit against Dish Network and Chairman Charlie Ergen over his acquisition of LightSquared debt before Dish bid on the wireless company's assets.
Dish Network CEO Charlie Ergen said Wednesday that over-the-top pay TV services will emerge, but that difficulties striking rights deals with programmers would impact how soon new virtual services from Intel and other players get off the ground.