Craig Moffett, a top-ranked telecommunications analyst at Sanford C. Bernstein & Co., is resigning from his job after a decade at the investment bank, according to a person familiar with the situation.
Dish Network Corp.’s counterbid for Clearwire Corp., which already agreed to a buyout by majority shareholder Sprint Nextel Corp., has analysts wondering about Dish Chairman Charlie Ergen’s motivations.
Time Warner Cable Inc. and U.S. pay- TV companies, weighing how to profit from surging Internet demand spurred by Netflix Inc. and Hulu, are on the verge of instituting new fees on Web-access customers who use the most.
For Sprint Nextel Corp. investors that get to cash out on 55 percent of their stock, the deal with Softbank Corp. represents the mobile-phone industry’s steepest premium in more than a decade for a company languishing at the cheapest valuation.
Comcast Corp. and Time Warner Cable Inc. have soared to the top of S&P 500 media index this year, defying predictions of cable’s downfall, thanks in part to one big selling point: They don’t do business in Europe.
Dish Network Corp. Chairman Charlie Ergen, a former Las Vegas card-player, says he’s prepared to build a wireless-Internet network from the ground up. The company’s stock shows investors are betting that it’s a bluff.