Dish’s Ergen On Road To Who Knows Where
Most know Dish Network for its satellite dishes affixed to the exteriors of millions of U.S. homes. But the $30 billion company is betting its future on something investors can’t see: licenses for airwaves used to transmit data between smartphones and other wireless-connected devices. The strategy sounds good in theory: For better or worse, our days do increasingly revolve around smart devices. However, Charlie Ergen, Dish’s billionaire founder and leader, has yet to provide a clear plan for how exactly the pay-TV company will make money from all the spectrum licenses it’s purchased over the years.
This article was originally posted on bloomberg.com
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