Rumors are flying that AT&T may be close to buying EchoStar, the nation's second largest satellite TV service. I predicted last year that EchoStar would either be bought or merge with a larger company. The satcaster needs deeper pockets to compete with the News Corp-owned DIRECTV and the cable TV industry. If AT&T purchased EchoStar, owned currently by Charlie Ergen (pictured above), it would be great news for high-def fans. The new owners would certainly understand the importance of investing heavily in new satellites that would enable EchoStar to offer more HDTV channels, including local channels.
from TV Predictions
from TV Predictions