Dish Network and AT&T are joining forces, though not, as some have predicted, in the pay-TV space.Instead, Dish has agreed to pay AT&T $5 billion over a 10-year period to secure the telecom giant as its wireless network provider.
After four decades focused on satellite TV services, Dish is pivoting to telecom after buying up spectrum and starting to build out a network.
It acquired assets including Boost Mobile as a result of the T-Mobile-Sprint merger.DirecTV, which AT&T bought in 2015 and recently spun off into a separate entity backed by private equity firm TPG, has long competed with Dish.
Charlie Ergen, the outspoken chairman of Dish, has repeatedly said he expects the two pay-TV entities to merge one day, though regulators have
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