Dish to Sell Wireless Spectrum If Network Plans Fail
Dish has “billions of dollars of spectrum” that could become available, Ergen said yesterday at a conference in Dana Point, California hosted by AllThingsD.
The company is seeking to create a wireless network that can deliver video, voice and data to its customers, Ergen said. A network is essential to Dish’s plans to deliver video to its satellite television subscribers both inside and outside the home, he said. Dish is offering $3.30 a share for a minority stake in wireless carrier Clearwire Corp.
“We would admit we failed and try a new approach,” Ergen said, if efforts to partner with a wireless company aren’t effective. “We would hang a ‘for sale’ sign on the spectrum.”
“It’s not an illusory offer,” Ergen said. “We’re serious about it. Our offer is good for shareholders. Sprint will have to do more to keep us out.”
To contact the reporter on this story: Andy Fixmer in Los Angeles at firstname.lastname@example.org
To contact the editor responsible for this story: Anthony Palazzo at email@example.com