DISH raises $3bn for spectrum buy

[bluegras]

Charlie Ergen’s DISH Network has raised a net $2.73 billion (€2.46bn) in new Convertible Notes, with a 3.375 per cent rate due for repayment in 2026. Dish says the funds will be used for general purposes and “which may include wireless and spectrum-related strategic transactions”.

http://advanced-television.com/2016/08/09/dish-raises-3bn-for-spectrum-buy/

 

[Jim S.]

Another huge waste of money that they should be spending on their satellite business, or lowering their rates.

 

[DishSubLA]

Not really. Dish HAS to move on or pretty much shrivel, and the other place to move on to is wireless video everywhere. I interpret the news that Ergen will go it alone, his last resort plan having preferred to work with an established wireless carrier as a partner, or buy one, but that just aint happening: he has been foiled at every turn. There is still a chance T-Mobile might partner with Dish, but that's the only hope. At this point, it looks like Ergen is planning on going it alone, and that is a big challenge, but the better option to doing nothing.

 

[Mochuf]

What, Dish doesn't have enough unused spectrum?