Heard during the Dish Networks earnings call
Aug 6 2014, 14:15 ET
Aug 6 2014, 14:15 ET
- Dish Networks (DISH +1.9%) CEO Charlie Ergen concedes during the firm's earnings call that the pay-TV business appears to be in a secular decline.
- Over-the-top offerings at a lower price point could be the future, he notes.
- Ergen is more excited about wireless. He says there's plenty of potential for the company to benefit by partnering with Sprint. A bid for T-Mobile by Dish is described as a "maybe" by the exec.
- Another interesting comment is his contention that a merger of Dish and DirecTV wouldn't makes sense for Dish shareholders due to valuation.
- Earnings call webcast