DISH Network CLOSES DBSD and TERRESTAR acquisitions

[Scott Greczkowski]

DISH NetworK CLOSES DBSD and TERRESTAR acquisitions​

ENGLEWOOD, Colo., March 12, 2012 – DISH Network Corporation (NASDAQ: DISH) has closed its acquisitions of the reorganized DBSD North America, Inc., and substantially all of the assets of TerreStar Networks, Inc. DISH has invested more than $3 billion to secure the licenses for this 40 MHz of nationwide 2 GHz wireless spectrum. DISH looks forward to working with the FCC on its forthcoming Notice of Proposed Rulemaking (NPRM) and remains committed to using this spectrum to help the Administration and the FCC solve the nation’s spectrum crunch. In parallel, DISH will initiate efforts to enhance the performance and capabilities of handsets that utilize the terrestrial and satellite links while exploring its options for a broader market entry.

 

[nelson61]

This indicates FCC has told them FCC will be supporting Dish position in the hearings.

 

[dfergie]

Dish Network Closes Two Wireless Spectrum Acquisitions

[h=2]Charlie Ergen's satellite TV company says it "remains committed to using this spectrum to help the Administration and the FCC solve the nation's spectrum crunch."[/h]http://www.hollywoodreporter.com/news/dish-network-closes-two-wireless-spectrum-acquisitions-298515

 

[navychop]

I hope Dish succeeds in starting up a nationwide cell program. I'm sure they've got some form of super sweetener to make a big bang into the market.

 

[John Kotches]

Interesting times to be certain.

I was going to send a note to Scott that I received this release, but I was selfishly sleeping after working overnight on some infrastructure upgrades.

 

[theoak]

I hope Dish succeeds in starting up a nationwide cell program. I'm sure they've got some form of super sweetener to make a big bang into the market.

I would be game for Dish starting a broadband program ... but I don't think Dish belongs in the "cell" business. AT&T, Verizon, others ... will eat them alive.

If Dish can leverage this spectrum for their Blockbuster program ... throw around on demand movies and programming using LTE ... removing all caps ... folks will come.

 

[Stargazer]

Dish desperately needs this to stay alive in the future and they know this. They need triple play!