http://money.cnn.com/2005/12/29/news/fortune500/att_echostar/
Does Ma Bell want a DISH?
There are rumors that AT&T may bid for EchoStar. Speculation seems premature but a deal makes sense.
December 29, 2005: 12:36 PM EST
By Paul R. La Monica, CNNMoney.com senior writer
NEW YORK (CNNMoney.com) – Cable companies and telecoms are at each other's throats.
Cablers Comcast (Research) and Cox are trying to steal customers from the Baby Bells by offering Internet phone services while the major telecoms, most notably Verizon (Research), are investing in new technology to offer digital video services over phone lines.
So how will this battle for customers ultimately pan out? Some analysts say it wouldn't be a surprise if more merger activity shakes up the world of cable and telecom.
Rumors have made the rounds lately that AT&T (Research) (formerly known as SBC) may be interested in acquiring EchoStar (Research), the nation's second largest satellite TV firm. Shares of EchoStar have gained more than 11 percent since mid-November.
Spokespeople for the two companies would not comment on the speculation. But some analysts say a deal makes sense.
A run for DirecTV (Research), the number one satellite company, is not seen as likely since it is controlled by media conglomerate News Corp (Research).
In addition, AT&T and EchoStar are already partners. In 2004, SBC and EchoStar launched a co-branded satellite TV service for SBC customers called the SBC/DISH Network.
But this joint venture might not be enough to make AT&T a serious player in video.
Read the rest at:
http://money.cnn.com/2005/12/29/news/fortune500/att_echostar
Does Ma Bell want a DISH?
There are rumors that AT&T may bid for EchoStar. Speculation seems premature but a deal makes sense.
December 29, 2005: 12:36 PM EST
By Paul R. La Monica, CNNMoney.com senior writer
NEW YORK (CNNMoney.com) – Cable companies and telecoms are at each other's throats.
Cablers Comcast (Research) and Cox are trying to steal customers from the Baby Bells by offering Internet phone services while the major telecoms, most notably Verizon (Research), are investing in new technology to offer digital video services over phone lines.
So how will this battle for customers ultimately pan out? Some analysts say it wouldn't be a surprise if more merger activity shakes up the world of cable and telecom.
Rumors have made the rounds lately that AT&T (Research) (formerly known as SBC) may be interested in acquiring EchoStar (Research), the nation's second largest satellite TV firm. Shares of EchoStar have gained more than 11 percent since mid-November.
Spokespeople for the two companies would not comment on the speculation. But some analysts say a deal makes sense.
A run for DirecTV (Research), the number one satellite company, is not seen as likely since it is controlled by media conglomerate News Corp (Research).
In addition, AT&T and EchoStar are already partners. In 2004, SBC and EchoStar launched a co-branded satellite TV service for SBC customers called the SBC/DISH Network.
But this joint venture might not be enough to make AT&T a serious player in video.
Read the rest at:
http://money.cnn.com/2005/12/29/news/fortune500/att_echostar