Dish cheers Justice Dept.'s move to block AT&T-T-Mobile deal
The Justice Department's decision to sue to block the proposed $39-billion merger between AT&T and T-Mobile was met with cheers by Dish Network, the satellite television broadcaster that is also one of the largest owners of wireless spectrum in the nation.
"A combined AT&T/T-Mobile would harm consumers by reducing competition and by raising barriers to entry for potential new entrants like Dish Network," the company said in a statement.
Dish Network has spent almost $3 billion acquiring broadband spectrum. The company has been playing coy when asked if it plans to build a wireless business or flip the spectrum. Dish did ask the Federal Communications Commission to give it permission to combine its spectrum, which is seen as a precursor to trying to create a wireless business.
In its statement regarding the Justice Department's actions, Dish said it "believes its own efforts in seeking to enter the wireless broadband market will drive job creation and further stimulate competition and innovation."
-- Joe Flint
Photo credit: Associated Press