Dish Network, T-Mobile US reportedly in merger talks
Satellite TV service provider Dish Network and wireless carrier T-Mobile US are reportedly in talks for a merger, which could be the latest in a wave of consolidation in the media and communications industry.The two sides are said to have agreed that Dish CEO Charlie Ergen, will become the chairman of the merged entity, while T-Mobile CEO John Legere will be appointed as the CEO of the combined companies, The Wall Street Journal reported Wednesday.The talks were described to the newspaper as in “the formative stage,” with no guarantee that a deal will be finally done. Key issues such as the purchase price and the mix of cash and stock that would be used to pay for the deal are still unresolved, people familiar with the matter told the newspaper.To read this article in full or to leave a comment, please click here