Dish Networks and EchoStar said today the two public companies will merge, joining the satcaster, streaming services and a nationwide 5G network with a leading satellite communications business.It’s a reunion.
Dish spun EchoStar out into a standalone company in 2008. Over the last several years, as cord-cutting and competition ate into satellite pay-TV business, Dish has pivoted to telecom.
It acquired prepaid mobile brand Boost and its wireless spectrum in 2020 to create a fourth national carrier after Sprint merged with T-Mobile.
Ergen has also continued to hold out hope for a merger with rival DirecTV. Regulators blocked a deal years ago. The media landscape has changed, but the regulatory climate is particularly tough these days.
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