Dish’s Ergen Ready to Be T-Mobile’s Plan B as DirecTV Pricey
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Dish Network Corp. Chairman Charlie Ergen is vowing not to enter a bidding war for deals. Instead, he’s waiting to pounce on T-Mobile US Inc. if its merger with Sprint Corp. fails.
While a DirecTV merger is also tempting, the satellite-TV rival is too expensive to pursue, Ergen said today on a conference call to discuss first-quarter earnings. DirecTV shares have risen on speculation that AT&T Inc. is in talks to buy the company, just months after Ergen approached DirecTV about a combination.