Monday, 17 December 2018

Dish drops LightSquared bid...for now

By Mary Lennighan, Total Telecom
Friday 10 January 14

Some say Charlie Ergen's company will make a lower offer at a later date while others believe it is channelling its M&A ambitions in another direction.

Dish Network has pulled its $2.2 billion bid for bankrupt mobile satellite company LightSquared, it emerged this week, but there are suggestions that Charlie Ergen's outfit may simply be trying a different tack. Lawyers looking after LightSquared's bankruptcy proceedings confirmed on Thursday that Dish has withdrawn its bid for the company…

Dish Network has pulled its $2.2 billion bid for bankrupt mobile satellite company LightSquared, it emerged this week, but there are suggestions that Charlie Ergen's outfit may simply be trying a different tack. Lawyers looking after LightSquared's bankruptcy proceedings confirmed on Thursday that Dish has withdrawn its bid for the company…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry