The Comcast-Time Warner Cable merger is that rare proposal that’s such a bad idea that it actually brings people of all different political beliefs together. If you look at the website for Stop Mega Comcast, for instance, you’ll see both liberal groups such as Common Cause and conservative outfits such as Glen Beck’s The Blaze are both lined up in mutual opposition to the proposed deal. More →
Dish’s Hopper set-top box burst onto the scene a few years ago, and the addition of the company’s “AutoHop” feature that automatically skips commercials during primetime TV shows on major networks really made waves. The Hopper remains one of the most feature-rich set-top boxes in the industry among top pay TV provider offerings, but it has fallen behind the times over the years in a few key areas.
Although Dish Network is not interested in entering an bidding war for potential suitors, the satellite television company is primed and ready to snag T-Mobile if the Sprint merger falls apart this summer. Bloomberg reports that Dish has been eyeing both DirecTV and T-Mobile in recent months, but as DirecTV shares have risen amid talk of an AT&T acquisition, the rival provider has become too expensive to chase. More →
Every company in the market wants to provide its own online TV streaming service, but Dish might be the first to give consumers a real offer. Bloomberg reports that Dish Network is looking to bring an Internet-TV service to the United States this summer, a set of live-streaming channels that will be accessible through connected devices such as smartphones and tablets. Disney signed onto the service last month, and A&E, Turner Broadcasting and CBS have reportedly been in talks with the provider as well. More →
It’s sad that many of us have come to dread election years since it means we’ll get bombarded with nonstop propaganda telling us to vote for a particular candidate or to vote a particular way on a given ballot initiative. Political consultants don’t think that we get enough such ads every two years, however, and that’s why they’re working on ways to make sure we see more ads that are targeted toward our specific political beliefs. More →
Pay TV service providers are among a few groups of companies that customers love to hate, and sometimes they go out of their way to remind us why. As families across the country come together to celebrate the holidays, satellite TV giants Dish Network and DirecTV are wishing them a Merry Christmas by hiking the cost of their service plans. In line with years past, both companies have confirmed that they will raise the prices of various television packages and increase service fees as well.
The increases come at a time when “cord cutting,” or canceling pay TV service in favor of online video streaming services, is becoming an increasingly common trend — to the point where cable companies are producing awful, awful anti-cord cutting campaigns as a last-ditch effort to win back lost subscribers and prevent current customers from leaving. More →
In the wake of SoftBank’s acquisition of Sprint and T-Mobile’s merger with MetroPCS, analysts believe other smaller carriers will also be takeover targets. Kevin Smithen of Macquarie Capital, per Investor’s Business Daily, upgraded Leap Wireless last week to a neutral rating from underperform on speculation that T-Mobile or Dish may be looking to acquire the carrier. The analyst noted that T-Mobile’s higher share price could be appealing for a potential stock deal, adding that Leap wouldn’t settle for anything less than $10 per share. He noted that the carrier could be pressured to sell at a lower price though, because T-Mobile will be entering more of Leap’s markets in the second half of the year. Smithen thinks this could “put further pressure on Leap’s already eroding operating business.” He also believes the carrier could be on Dish’s radar following the company’s failed acquisitions of both Sprint and Clearwire.
Efforts to acquire Sprint have been a long and arduous fiasco for SoftBank, but the Japan-based carrier moved one step closer to completing the deal on Tuesday evening. Following SoftBank’s revised offer for Sprint that would see its bid increased to $21.6 billion, Dish announced that it is abandoning the race and will not revise its current offer, which is not expected to be accepted. Dish had previously offered a total of $25.5 billion for Sprint, including $17.3 billion in cash and $8.2 billion in stock, but the SoftBank deal is seen as the more promising option. According to Reuters, Dish said it declined to revise its offer because it did not want to match the break-up fees offered in the SoftBank proposal. More →
SoftBank on Monday announced a revised offer to acquire Sprint. The company increased its bid by 7.5% from $20.1 billion to $21.6 billion in cash and stock. SoftBank notes that $4.5 billion in cash has been reallocated to give Sprint shareholders $5.50 per share, up from $4.02. The carrier was pressured to increase its bid for Sprint after Dish offered $25.5 billion to acquire the company. SoftBank’s CEO repeatedly insisted that his company’s proposal offers the best value for Sprint, however a number of influential shareholders had called for a higher offer. The company’s board of directors has approved the new offer and given Dish until June 18th to present its “best and final offer.” Sprint shareholders are scheduled to vote on the SoftBank deal in two weeks.
Dish on Wednesday increased its bid to acquire wireless broadband wholesaler Clearwire. The company is now offering $4.40 per share, a 29% premium over Sprint’s proposal, which values the firm at $6.47 billion. Sprint recently raised its offer to $3.40 per share after shareholders had criticized its original proposal of $2.97 per share. Dish, whose offer comes two days before Clearwire shareholders are scheduled to vote on Sprint’s proposal, is also locked in a battle with Japanese company SoftBank to acquire Sprint.