Investors Warm to DISH Merger Reports
But experts warn that satellite TV is losing its appeal, as more consumers search out a single cable, phone, and Internet provider
The latest news from investors: There may soon be a wedding in the satellite TV industry. Shares of satellite television provider EchoStar Communications (DISH), the name behind DISH Network, have soared amid speculation about the possibility of a merger with archrival DirecTV (DTV). But even with the stock reaching a 52-week high of $34.43 on July 27, the company still faces fierce competition, and some analysts remain pessimistic
But experts warn that satellite TV is losing its appeal, as more consumers search out a single cable, phone, and Internet provider
The latest news from investors: There may soon be a wedding in the satellite TV industry. Shares of satellite television provider EchoStar Communications (DISH), the name behind DISH Network, have soared amid speculation about the possibility of a merger with archrival DirecTV (DTV). But even with the stock reaching a 52-week high of $34.43 on July 27, the company still faces fierce competition, and some analysts remain pessimistic