The CEO of US satellite TV provider Dish Network has reportedly suggested that his company could consider partnering with or acquiring a wireless carrier.
Bloomberg quoted Dish CEO Joseph Clayton as saying that his company would look at partnerships and…
The CEO of US satellite TV provider Dish Network has reportedly suggested that his company could consider partnering with or acquiring a wireless carrier.
Bloomberg quoted Dish CEO Joseph Clayton as saying that his company would look at partnerships and acquisitions. He suggested mobile operators Sprint or Clearwire, the provider of 4G wireless broadband services, as potential partners.
Clearwire and Dish were not immediately available for comment.
Sprint said that it would not comment on rumours or speculation.
Dish Network agreed to acquire US satellite services operator Terrestar for US$1.375bn in June.
Meanwhile, in July, Sprint agreed an infrastructure sharing deal with satellite/terrestrial venture LightSquared that could be worth US$13.5bn.
Sprint also holds a 54% stake in Clearwire.
Sprint made a net loss of US$847m in Q2 2011, up from a loss of US$760m for the same period in second quarter.
Clearwire’s Q2 results showed a net loss of US$168m. After years of promoting WiMAX technology, Clearwire announced plans in early August to add LTE technology to its network.
Clearwire also made clear in its Q2 results that it is seeking additional financing from new strategic investors, which could include debt/equity offerings.
