You heard it here first... or second... or third. Whatever number it ends up being. Inside Tower reports that the Wall Street Journal reports that Dish Network and T-Mobile are cuddling up nice and cozy-like. That's not really news, at this point, though. Well, some more details have surfaced: Dish Chief Executive Charlie Ergen would be the new company's (T-Network? Dish Mobile?) chairman and T-Mobile's John Legere would be CEO. Inside Towers also brings us some opinions on how the landscape could change because of the merger:
"Jonathan Schildkraut at Evercore ISI: “We see a number of potential strategic benefits from the proposed combination: (1) significant spectrum resources (T-Mobile has roughly 84MHz of spectrum and Dish has roughly 81MHz with both having concentrations in the AWS and PCS bands plus a little 700MHz); (2) ability to deliver wireless broadband to rural markets (markets to which Dish customers are over-indexed); (3) add significant spectral capacity to TMUS’s network in urban and more densely populated sub-urban markets; and (4) a strong cultural fit (based on market disruption and addressing customer pain points)… Dish generates a fair amount of FCF [free cash flow] on its core business, while T-Mobile is expected to inflect to FCF positive in 2015. The combination of growing cash flows would allow for more aggressive network investment – particularly in markets where T-Mobile may need additional scale (i.e., more rural markets)."