Dish Faces ‘Difficult’ Path to Becoming a Wireless Powerhouse
- Chairman Ergen has vowed to have a large-scale network by 2023
- Analysts say company will struggle to compete with incumbents
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Dish Network Corp., the hard-bargaining satellite-television company, is embarking on a second act as a major wireless carrier. But even with a cache of prized assets, it faces long-shot odds of pulling it off.
The Justice Department opened the door for Dish on Friday when it cleared the $26.5 billion merger of T-Mobile US Inc. and Sprint Corp. In doing so, it forced those companies to divest assets that will potentially transform the pay-TV provider into a major competitor.