Dish

Merger a-Comin' by Neil Savage

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)."

Dish Inches Closer to Wireless Market by Neil Savage

We're slowly watching an industry evolve here, folks. Yep: slooooowly watching history unfold. It's a really slow unfolding process. Slug slow. Glacier slow. The-car-in-front-of-you-taking-a-left-turn-at-a-light slow. But still, change is coming as the Big Four carriers could soon see increased competition from non-traditional telecom providers like Google, who is heavily investing in voice-over wi-fi and wi-fi only data, and Dish, who invested heavily in spectrum licenses earlier this year. We don't yet know what Dish will offer, how they will offer it, or if they plan on teaming up with a traditional carrier, but they are aiming to become the only television provider to offer wireless voice, video and data services, according to an article uncovered by Yahoo! Finance.