Dish reportedly in talks to merge with T-Mobile
While merger talks are active and not yet public, the WSJ sources state that Dish chief executive Charlie Ergen would become the chairman while T-Mobile's John Legere will serve as the merged company's CEO.
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It's interesting to see the trend of large media companies purchasing wireless carriers. AT&T is closing the $49 billion DirecTV deal soon and Charter acquired Time Warner cable for $78.7 billion.
Previously, Sprint and Dish were in talks, but that apparently didn't work out. AT&T and T-Mobile tried to make a deal in the past while there have been rumors of a Sprint and T-Mobile purchase too.
Dish has loads of spectrum and T-Mobile is aggressively working to move ahead of Sprint so a deal between these two companies makes sense.
We reached out to both T-Mobile and Dish for comment on the merger talks, but have yet to receive any official response.