Looks like Dish is not buying Directv
- Thread starter Claude Greiner
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Directv can bundle. They just don’t have the coverage with their fiber service.
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In December, Dish Chairman Charlie Ergen said that the company secured commitments from banks to finance the wireless business. The company needs $5.0 billion to purchase the assets that T-Mobile and Sprint will divest. Dish needs an additional $10 billion to build its own nationwide 5G network. However, the company only has about $2.6 billion in cash reserve.
So far, the stock has gained about 4.0% year-to-date.
Dish wants to build a wireless network
Dish has accumulated spectrum that it hasn’t used, and regulators aren’t happy with that state of affairs. The FCC has given Dish until 2022 to start using the spectrum in its possession.
If Dish fails to meet its network buildout agreement with the FCC, then the regulator would fine it about $2.2 billion and could even take away its spectrum. Dish has estimated it will require about $10 billion to build a nationwide modern wireless network.
Dish has a $12.4 billion funding gap for its wireless business
If Dish has $2.6 billion following the completion of its rights offering, then the company’s wireless venture still has a $12.4 billion funding gap.
While testifying at the T-Mobile-Sprint merger trial, Dish chairman Ergen suggested that funding wouldn’t be a major problem. Ergen told the court that three banks have lined up to give Dish a $10 billion loan to build its wireless network. Additionally, Ergen said Dish could obtain a $1.0 billion loan from JPMorgan Chase (JPM) with the help of SoftBank (SFTBY).
Dish’s desire to enter the wireless market is largely a response to a shrinking pay-TV market. The company’s finances have been deteriorating recently as it continues to lose satellite television subscribers.
- TAGS
- Charlie Ergen
- dish network
- Dish rights offering
- FCC
- Federal Communications Commission
- JPMorgan Chase
- Softbank
- T-Mobile-Sprint merger trial
- wireless network
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Every analyst says that Dish is lowballing greatly on their $10 billion estimate for building a nationwide 5G network. When none of the big cellular carriers are able to do so, despite already having towers owned or leased all over the country (while Dish is starting from scratch) then why should Dish be able to do so for less?
I'll say the same thing I always do; Dish doesn't need to "buy" anyone, when DTV's customers come willingly. From where I sit, I see DTV becoming more and more of a memory, with no new technology. No new partnerships and hemorrhaging subscribers
To build a 5g network around 15 billion probably more . to cover how much of the country? From what I am reading there isn’t even a set standard yet . Does that mean they are setting there own standards. T-Mobile is going one direction Verizon has another version and Att has there own plan . That big China company has a plan also. I read a article that Dish will have a sort of 5g pretty much a hyped up 4g . Maybe it’s going to be like the so called Almost HD they provide . We can also call the new cell service (Dish lite almost 5g ) .
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I prefer the 50-100 mg that they offer in most cities they are in.
The old DSL service is just that ...
However it is still used in some instances, like for the Low Income people that could not have internet due to cost involved.
Its better to have some internet than No internet.
Btw, most of the low income plans give them 10 mg, which is plenty to surf, stream things that would be doing ....
5G does have a so called standard plan but the 3 are going low,mid,high . It’s going to take several years to get it on the same plan . Probably years before Dish can even think about profit. So back to the original tread Dish can’t afford more debt the only one that might survive is orby. 
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When 3GPP says it's the standard, it's the standard. That's what a standards organization does. Nothing "so called" about it...
The carriers are going to implement it differently. If it were so easy we would not need different sets of antennas for each company. This buildout will be a lot slower than 4g was.
You mean like the various antennas we already need to accommodate the various bands currently in use?
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