Dish made bid to acquire MetroPCS (1 Viewer)

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mike123abc

Too many cables
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Sep 25, 2003
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http://online.wsj.com/article/SB100...04714.html?mod=WSJ_hp_LEFTWhatsNewsCollection

Yes paid site, but probably be free elsewhere soon.

Dish Network Corp. DISH +2.66% Chairman Charlie Ergen made a bid to acquire MetroPCS PCS +2.97% in August for about $4 billion, according to people familiar with the matter, the latest sign that the executive has pursued serious steps to enter the wireless business.

Mr. Ergen offered to buy MetroPCS for $11 a share, to be paid in 30% cash and 70% stock, according to a MetroPCS filing to the Securities and Exchange Commission late Friday and people familiar with the matter. Mr. Ergen had courted MetroPCS since at least last March, according to the filing, which identified Dish only as "Company C." The people familiar with the matter said Company C was Dish.
 
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3HaloODST

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Jul 2, 2010
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I have T-Mobile... Not sure if I'd want Dish acquiring them. Beats the hell outta AT&T acquiring them though!

Sent from my iPhone 4S using SatelliteGuys
 
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chiodo

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Aug 17, 2005
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If charlie wants to throw his money away maybe he can buy Hostess.

Yeah, well not when there's a union involved. Besides Twinkies don't make very good electronic communication devices, but then again you can sign up for a 2yr contract with Dish and get a FREE box of Twinkies,
or you can pay $10 per month and get "Twinkies @Home" where Dish sends out a box of Twinkies to your house every week.

You could also put a couple of cases of them on the satellites and have a sign saying "Welcome to Earth, As a courtesy have some Free Twinkies"
 

Bobby

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Yeah, well not when there's a union involved. Besides Twinkies don't make very good electronic communication devices, but then again you can sign up for a 2yr contract with Dish and get a FREE box of Twinkies,
or you can pay $10 per month and get "Twinkies @Home" where Dish sends out a box of Twinkies to your house every week.

You could also put a couple of cases of them on the satellites and have a sign saying "Welcome to Earth, As a courtesy have some Free Twinkies"

Stick that Twinkie in your ear and tell me how much you're listening! :D
 

KAB

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Yeah, well not when there's a union involved. Besides Twinkies don't make very good electronic communication devices, but then again you can sign up for a 2yr contract with Dish and get a FREE box of Twinkies,
or you can pay $10 per month and get "Twinkies @Home" where Dish sends out a box of Twinkies to your house every week.

You could also put a couple of cases of them on the satellites and have a sign saying "Welcome to Earth, As a courtesy have some Free Twinkies"
What the F????
 
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chicagonettech

SatelliteGuys Pro
Re: Dish made bid to acquire T-Mobile

Yeah, well not when there's a union involved. Besides Twinkies don't make very good electronic communication devices, but then again you can sign up for a 2yr contract with Dish and get a FREE box of Twinkies,
or you can pay $10 per month and get "Twinkies @Home" where Dish sends out a box of Twinkies to your house every week.

You could also put a couple of cases of them on the satellites and have a sign saying "Welcome to Earth, As a courtesy have some Free Twinkies"

Yeah, but Twinkees don't break or go bad, so the maintenance costs are much lower, too!

Sent from my PC36100 using Tapatalk 2
 

JerseyMatt

SatelliteGuys Pro
Sep 17, 2010
1,193
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Midwest
Re: Dish made bid to acquire T-Mobile

Yeah, well not when there's a union involved. Besides Twinkies don't make very good electronic communication devices, but then again you can sign up for a 2yr contract with Dish and get a FREE box of Twinkies,
or you can pay $10 per month and get "Twinkies @Home" where Dish sends out a box of Twinkies to your house every week.

You could also put a couple of cases of them on the satellites and have a sign saying "Welcome to Earth, As a courtesy have some Free Twinkies"

That's a hell of a deal right there, considering in the store they're $4.50 for the small box.. :D:D
 

dare2be

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Jul 15, 2011
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Why does the thread title reference T-Mobile, but the OP quotes a blurb about MetroPCS? Are they one in the same company? Then TNGTony posts an article that is almost a year old. Something amiss here.

EDIT: Ok, so I see now that the WSJ article is also discussing past news as well.
 

mike123abc

Too many cables
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Sep 25, 2003
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Norman, OK
Why does the thread title reference T-Mobile, but the OP quotes a blurb about MetroPCS? Are they one in the same company? Then TNGTony posts an article that is almost a year old. Something amiss here.

EDIT: Ok, so I see now that the WSJ article is also discussing past news as well.

I sent in a request to have the thread title changed. It should have been MetroPCS instead of T-Mobile. The WSJ article title is "Dish Made Bid for MetroPCS Before T-Mobile Deal"
 

dare2be

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It might be a good idea as well to specify that this news is from 2011, even though the article itself is recent.
 

mike123abc

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Sep 25, 2003
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The news is from yesterday. MetroPCS was bought by T-Mobile. Dish was revealed as company "C", and the specifics of the offer were stated. There were code letters from a bunch of people looking to buy MetroPCS. T-Mobile and MetroPCS are now awaiting government approval for the merger.
 

mloebl

SatelliteGuys Pro
Nov 10, 2004
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2
MA
I have a tendency to read too deep into things... BUT it may add some support to the report yesterday that Google supposedly partnering with Dish for wireless service and wants to launch the end of 2013. This would give them immediate cellular service and also the time they need to sort out the spectrum with the FCC waiver they've been waiting on that they bought back in 2008.
 

dare2be

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Jul 15, 2011
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The news is from yesterday, but it's revealing that Dish's bid for MetroPCS was BEFORE their attempted acquisition of T-Mobile, which according to the article posted by TNGTony, occurred in 2011...so when the quoted text says "back in August", it's referring to August 2011, not 2012, correct? Because we can't read the article without subscribing, I'm just trying to clarify.
 

mike123abc

Too many cables
Supporting Founder
Sep 25, 2003
23,833
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Norman, OK
No August 2012. Dish bid for MetroPCS in August, MetroPCS went with the T-Mobile bid instead of the one from Dish, Sprint and possible other bidders.

Meanwhile, Sprint Nextel Corp. S -1.08% showed interest in acquiring MetroPCS right up until the deal with T-Mobile was final, even as Sprint was still working on its own deal to sell a 70% stake to Softbank Corp. 9984.TO +2.60% for $20 billion, according to the filing and people familiar with the matter.

According to the filing, an executive with "Company G" contacted MetroPCS in early October, the night before the T-Mobile deal was publicly announced. People familiar with the matter said Company G was Sprint. The executive alluded to the new capital Sprint was about to receive from Softbank and expressed interest in a deal for MetroPCS.

The filing details various discussions between companies in the U.S. wireless industry in recent months, showing an almost frantic effort by companies to line up spectrum and grow larger in a consolidating business following last year's collapse of AT&T Inc.'s T -0.84% $39 billion attempt to buy T-Mobile.
 

PTVC

TROLL
Oct 14, 2012
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0
USA
MetroPCS had asked the FCC to require Dish to relinquish 30 MHz of its allocated spectrum in top major metropolitan areas. Guess its not a surprise that MetroPCS was sold to T-Moble.

The 3rd Generation Partnership Project approved technical specs for 40 MHz of AWS-4 spectrum controlled by Dish, which will allow Dish to design and build cell phone chipsets and broadband networks. Maybe Dish is closer to FCC approval.
 

mike123abc

Too many cables
Supporting Founder
Sep 25, 2003
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http://online.wsj.com/article/SB100...3394115136.html?mod=WSJ_hps_sections_business

Another article from the WSJ.

Current FCC rules require operators using satellite spectrum to offer handsets with a satellite chip, making the devices more expensive. Dish has been awaiting the FCC's decision on whether to allow the satellite operator to use its spectrum for a solely ground-based cellular network.

The Wall Street Journal reported Friday that the FCC is close to approving Dish's request, but with a buffer zone in which Mr. Ergen could only operate at low power, which could mean worse wireless service. Mr. Ergen said that limit would reduce the capability of Dish's "uplink" spectrum—which handles the pathway from the cellphone to the tower—by 25%. An additional 25% on top of that would be impaired due to interference, he said, endangering Dish's ability to compete in the wireless business against incumbents like AT&T Inc. T +1.89% and Verizon Wireless, which own much larger swaths of spectrum.

The reclusive satellite-TV pioneer has spent a large amount of time this year in the public eye attempting to convince Washington that he is serious about entering the wireless business, even as analysts speculated that Dish may simply try to sell the spectrum at a big profit.

Mr. Ergen's offer to buy MetroPCS came to light through a MetroPCS filing to the Securities and Exchange Commission late Friday.
 
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