Dish Network Corp. Chairman Charlie Ergen said he doesn’t plan to get into a bidding war over T- Mobile US Inc., a concession that may reduce regulatory hurdles for SoftBank Corp. if it goes ahead with an offer.
Mexico President Enrique Pena Nieto will challenge a judge’s ruling that the country’s telecommunications regulator lacks the standing to force broadcasters including Grupo Televisa SAB to let cable and satellite companies carry their content for free.
Philip Falcone’s LightSquared Inc. is set to open a trial accusing Charlie Ergen of improperly snapped up debt in the company to hijack its reorganization and get airwaves worth billions of dollars for Dish Network Corp., even as Dish has said it may withdraw its bid.
Dish Network Corp. Chairman Charlie Ergen has failed at least four times in attempts to transform his company into more than just a satellite-television provider. Judging from the share price, investors don’t mind.
Billionaire Philip Falcone told a judge that Dish Network Corp. Chairman Charlie Ergen’s secret purchases of debt in broadband provider LightSquared Inc. had him “turning over rocks” to find out who was behind them.
Advisers who helped Dish Network Corp. Chairman Charlie Ergen buy $1 billion of LightSquared Inc. debt refused to disclose his involvement to representatives of Philip Falcone’s wireless venture, a financial adviser to the company in its bankruptcy testified.