Deals
Dish Would Compete With Giants ‘From Day One,’ Ergen Says
- Chairman testifies to healthy rivalry if T-Mobile buys Sprint
- Banks set to lend $10 billion for new network, he tells court
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Charlie Ergen, the chairman of pay TV provider Dish Network Corp., said his company is ready to compete with the biggest U.S. wireless carriers “from day one” after it acquires assets that will clear the way for the merger of Sprint Corp. and T-Mobile US Inc.
Ergen began testifying Tuesday at an antitrust trial in New York where state attorneys general are trying to block T-Mobile’s purchase of Sprint, a deal they say will lead to higher prices for consumers by eliminating competition between the two companies.