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Dish Offers to Buy Sprint for $25.5 Billion
Charlie Ergen Makes (Probably) His Final Move in Sprint Drama
by Karl Bode 09:22AM Monday Apr 15 2013 Tipped by Koil See Profile
The Dish, SoftBank, Sprint and Clearwire tango continues to get more entertaining. After being outmaneuvered by Sprint in an effort to acquire Clearwire and failing to have the deals slowed down or blocked by regulators, Dish has now taken things to another level -- offering $25.5 billion in cash and stock to acquire Sprint. Japanese carrier SoftBank had offered to acquire 70% of Sprint in a $20 billion deal last October.

"Dish/Sprint merger will create the only company that can offer customers a convenient, fully integrated, nationwide bundle of in- and out-of-home video, broadband and voice services," Ergen said in a statement.

The move is Charlie Ergen's desperate last play as his company tries to get into the wireless market, though it's unclear if this tactic will be taken any more seriously than the last several.

Dish wants to run their LTE-Advanced network through a subsidiary with the rumored brand-name of under the brand "Ollo," in part using the spectrum they acquired from DBSD North America and TerreStar Networks. Acquiring Sprint (and then obviously Clearwire) would provide the company with an ocean of new spectrum for the task.

Last December the FCC approved Dish's LTE network plans, but with conditions attached to the AWS-4 spectrum they plan to use for part of it. Those conditions require Dish cordon off a chunk of the spectrum to prevent interference with the H Block, and to build out at least 70% of the new network within six years.

If Dish's advances are rebuffed (the most likely scenario given the late stage of the SoftBank deal), the company will either partner with Sprint for their network, or simply sell the spectrum to whichever company has the deepest pockets (read: AT&T).

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inteller
Sociopaths always win.

join:2003-12-08
Tulsa, OK

dish has a history of buying winners...

...just look at how well Blockbuster is doing.

skeechan
Ai Otsukaholic
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AA169|170
kudos:2

Re: dish has a history of buying winners...

Slingbox is still rolling and E* is making good use of it. That said I'd rather see Softbank.

n2jtx

join:2001-01-13
Glen Head, NY

Re: dish has a history of buying winners...

said by skeechan:

Slingbox is still rolling and E* is making good use of it. That said I'd rather see Softbank.

Slingbox is alive but support is a joke. I helped a friend set up a repaired Slingcatcher and it refused to get past the initial update screen. After two or so weeks of tech support calls, replacement boxes and power supplies, someone at Sling "discovered" their update server was down :/ Then when they got it back up, it was serving corrupt firmware. Does not inspire confidence in me even though I have an SB500. What I really want is a USB tuner for it that does OTA HD.
--
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inteller
Sociopaths always win.

join:2003-12-08
Tulsa, OK

Re: dish has a history of buying winners...

nevermind the fact that they charge you THIRTY FREAKING DOLLARS to get the mobile app that should come FREE when you buy the slingbox.
--
"WHEN THE LAUGH TRACK STARTS THEN THE FUN STARTS!"

n2jtx

join:2001-01-13
Glen Head, NY

Re: dish has a history of buying winners...

said by inteller:

nevermind the fact that they charge you THIRTY FREAKING DOLLARS to get the mobile app that should come FREE when you buy the slingbox.

Actually they dropped it to $14.99 a few months ago. Still overpriced but it was better than the @#$(*@&#$* $29.99!!! they did charge. I bought a $50 iTunes card for $40 so I got it a bit cheaper.
--
I support the right to keep and arm bears.

inteller
Sociopaths always win.

join:2003-12-08
Tulsa, OK

Re: dish has a history of buying winners...

It only shows the $30 striked out so I'm not sure that price drop is permanent.
--
"WHEN THE LAUGH TRACK STARTS THEN THE FUN STARTS!"

skeechan
Ai Otsukaholic
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True...more reason I'd rather see Softbank over Dish with Sprint.

Hall
Premium,MVM
join:2000-04-28
Germantown, OH
kudos:2

1 recommendation

said by inteller:

...just look at how well Blockbuster is doing.

Blockbuster was failing LONG before Dish touched them and were in bankruptcy when Dish bought them. Dish bought the Blockbuster "brand" anyway, not for their stores, etc.
dmelling

join:2009-02-26
New Paris, OH

1 edit

and I was looking forward to...

This is great for my Sprint stock, but I was really looking forward to Softbank completing the merger and shaking up the US market with low prices and unlimited data. If Dish succeeds, there will not be any shakeup in the industry......

The SoftBank deal is a CASH infusion to help Sprint pay down debt and increase services....The Dish deal would use all the cash on the balance sheet and add more debt to the already in debt Sprint.

Koil
Premium
join:2002-09-10
Irmo, SC
kudos:2

Re: and I was looking forward to...

said by dmelling:

This is great for my Sprint stock, but I was really looking forward to Softbank completing the merger and shaking up the US market with low prices and unlimited data. If Dish succeeds, there will not be any shakeup in the industry......

The SoftBank deal is a CASH infusion to help Sprint pay down debt and increase services....The Dish deal would use all the cash on the balance sheet and add more debt to the already in debt Sprint.

I think you're right on the money (ha ha) here.

Dish pulls this off, I think we'll see a downturn in Sprint's (slower than a snail paced) comeback. Here's hoping it doesn't go through.
--
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My Blog - Raising Connor

tito79

join:2010-03-14
Brewster, NY
kudos:1

Re: and I was looking forward to...

We need an american company to get into the mobile buisness right now dish wins the bid im sure we will see some great devices Made in america.

inteller
Sociopaths always win.

join:2003-12-08
Tulsa, OK

1 recommendation

Re: and I was looking forward to...

bahahahahahahahaha....are you kidding?

skeechan
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Mobile companies don't make their own handsets.

vpoko
Premium
join:2003-07-03
Boston, MA
Plus you'll get an apple pie and miniature American flag with every purchase.

skeechan
Ai Otsukaholic
Premium
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1 recommendation

Re: and I was looking forward to...

But the flag will be printed in China and the pie from Bimbo in Mexico.
waycoolphil

join:2000-09-22
Cathedral City, CA
Reviews:
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Re: and I was looking forward to...

Funny but only partly true. Grupo Bimbo's baked goods sold in the US are made in the US. They've managed to buy up some iconic American brands--Oroweat, Sara Lee, Entenmann's, Ball Park, Francisco, and on and on. And as far as I can tell the quality has not suffered. At least not the ones I buy. Between Bimbo, Unilever, Nestle and InBev there's fewer and fewer American food and beverage brands that are still American owned companies and most people don't even know it. But there's still plenty of flags made in the US by Americans! »www.americansworking.com/flags.html
decifal

join:2007-03-10
Bon Aqua, TN
kudos:1
said by tito79:

We need an american company to get into the mobile buisness right now dish wins the bid im sure we will see some great devices Made in america.

Lol, hey, I have swamp land in canada to sell if you believe that

Seriously, we don't seem to make jack here any more :-/ Would be nice though
xenophon

join:2007-09-17
Is a long shot but it may force Softbank to raise the deal.
TBBroadband

join:2012-10-26
Fremont, OH
Reviews:
·AT&T U-Verse
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The "cash infusion" would only be Sprint getting access to the Softbank bank account. And they wouldn't have so much debt if they had a CEO that knew what he was doing and didn't spend all that money on the iPhone hype that didn't really make him anything. They're prices aren't really doing any damage to the market now, they won't even later. They complained about the T & TMO-USA merger on prices, but yet after the merger was canceled- Sprint ended up RAISING prices and did even on their prepaid services. Hell they even charge you to KEEP your iDEN services which they are required to allow you to use until June/July. Talk about a "true" American Company. The best thing anyone can do with Spent is get rid of Dan.

PapaMidnight

join:2009-01-13
Baltimore, MD

One way or another...

T-Mobile or Sprint; one way or another, Dish wants in on wireless it seems.

skeechan
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Softbank will push back

Softbank is the sprint of Japan, a distant 3rd in a highly saturated market. Softbank needs to grow and grabbing Sprint is the perfect opportunity.
openbox9
Premium
join:2004-01-26
Germany
kudos:2

Re: Softbank will push back

I'm curious if Softbank "growing" into the US is a good move, for anyone. I'm less than pleased with my overpriced Softbank service. It definitely doesn't motivate me to get Sprint's already disappointing service when I head back to the states. And for those that think Softbank's stake in Sprint will mean better coverage, faster service, and lower prices for consumers, I invite you to Japan.

skeechan
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Re: Softbank will push back

It'll mean better coverage and faster service because Softbank as the wallet to allow Sprint to continue their work in LTE deployment.

I don't see how they are more than NTT or au. My friend just picked up a Softbank iP5 with unlimited voice/data/sms for 5-6senen (under 5000 at the beginning of the promotion period and goes up to 6000 after several months or a year, she wasn't clear). But still for truly unlimited LTE and voice, that is a great deal. au wants 1000/mo just to get a per min or 1/2 min discount...not even free calling.
openbox9
Premium
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Germany
kudos:2

Re: Softbank will push back

Softbank isn't more than Docomo or au, but it isn't less either. People in the states seem to be misguided in believing that services are going to cost less if Softbank acquires its desired stake in Sprint.

Flat LTE data package, White Plan, S! Basic Pack, and unlimited domestic voice looks to come out to ¥5775 initially, then up to ¥6275 after two years of contract, plus whatever you want to pay for the device. Better than my current contract and the price is getting better as the BoJ keeps printing money to devalue the ¥.

skeechan
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Re: Softbank will push back

Softbank was/is running an iPhone plan promo so they are doing heavy discounts for the time being and offering a 500en unlimited domestic talk option.

I don't think people see everything getting cheaper. I think they believe it means faster deployment of LTE and better coverage thanks to deeper pockets.

Whether it is Softbank, Sprint, AT&T or VZW..nothing gets cheaper and people know it.
--
Nocchi rules.
openbox9
Premium
join:2004-01-26
Germany
kudos:2

Re: Softbank will push back

Yes, those are the rates/packages I quoted.

»mb.softbank.jp/mb/iphone_en/price_plan/

skeechan
Ai Otsukaholic
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Re: Softbank will push back

Damn cheap for unlimited. I wish Sprint would do that. My Sprint unlimited plan with international texting is over $100.
--
Nocchi rules.
nonymous
Premium
join:2003-09-08
Glendale, AZ

Sprint network shrinking.

»s4gru.com/index.php?/topic/3583-···-update/

SteelerRaw

@timet.com

Re: Sprint network shrinking.

Much ado about nothing. Did you note the part in the thread where the OP was queried about what and where specifically he was referring to and couldn't even come close to forming a cogent response?
xenophon

join:2007-09-17

WSJ compares the Softbank/Dish deals

»blogs.wsj.com/deals/2013/04/15/d···g_stream

Looks like Softbank is mostly better deal at least with these factors considered.
tkdslr

join:2004-04-24
Pompano Beach, FL
Reviews:
·T-Mobile US
·Speakeasy

Re: WSJ compares the Softbank/Dish deals

Softbank doesn't have any spectrum to bring to the table..

Dish has 45mhz on average, most of it adjacent to Sprint's existing spectrum. This would be a big win for Sprint and Dish.

Unfortunately with that much debt to service, it is going to drive their prices up .. :-(
markbot

join:2012-11-21
New York, NY

DISH's goal is cable tv on every phone

Imagine watching live cable tv channels in HD on any Sprint smartphone, even in New York's Grand Central Terminal. Dish could do it by broadcasting their satellite TV signals over LTE to all Sprint phones....turn every smart phone into a cable dvr with display. compelling or not?

Watching live video feeds is way more efficient using broadcast technology than single steams for each user.
zeddlar

join:2007-04-09
Jay, OK
Reviews:
·exede by ViaSat
·McDonald County ..

Blockbuster

Actually I like blockbuster with my Dish, the streaming sucks but I have a Hulu plus subscription on my TV for that. I can get any movie shipped to my home the day it is released to stores which you can't do with Netflix. I might not be able to stream it but that's ok because I have satellite internet as well.
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HughesNet elite plan/.74 dish w/1watt trans. / 9000 modem / 3 computers on a linksy's wired network