Vijay Jayant News
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Dish Network Corp., the second-largest U.S. satellite-television provider, reported first-quarter sales that trailed estimates after adding fewer customers than analysts projected.
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DirecTV, the largest U.S. satellite- television provider, rose the most in four years to an all-time high after reporting first-quarter profit that topped estimates, bolstered by Latin American subscriber growth.
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The two largest satellite-television companies in the U.S., after almost two decades of building their businesses with similar strategies, are now heading in almost exactly the opposite directions.
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Softbank Corp. fell the most in six months in Tokyo trading after Dish Network Corp. offered $25.5 billion for control of Sprint Nextel Corp., sparking concerns the Japanese wireless carrier may raise its own bid.
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Dish Network Corp., which is said to be interested in a T-Mobile USA Inc. merger, is in a position to usher in the next wave of wireless-industry consolidation while assuring regulators that competition will be preserved.
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DirecTV, the largest U.S. satellite- television provider, reported a 7.7 percent increase in third- quarter profit after a football promotion helped it gain U.S. subscribers. The shares advanced.
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Charter Communications Inc., the fourth-largest U.S. cable operator, rose the most in more than three years as higher prices helped boost video revenue.
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Dish Network Inc. gained the most in almost a month after Chairman Charlie Ergen said he won’t threaten the company’s future with his ambition to build a multibillion-dollar wireless network to become a provider of mobile data and voice provider.
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Dish Network Corp. and DirecTV may have a better chance to merge today than when regulators struck down a deal almost a decade ago, according to newly appointed Dish Chief Executive Officer Joseph Clayton .
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Dish Network Corp. and DirecTV may have a better chance to merge today than when regulators struck down a deal almost a decade ago, according to newly appointed Dish Chief Executive Officer Joseph Clayton .
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