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US: Dish satellite transfers spark merger rumors

By  |  February 23, 2014

A recent deal made by Dish Network to transfer five of its satellites to EchoStar has sparked rumors the company could be readying for a broadcast with DirecTV, say reports.<>According to one Citigroup analyst, Jason Bazinet, such a merger could emerge following the recent announcement of Comcast’s plans to acquire Time Warner Cable.

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    Reports say a Dish/DirecTV merger has been discussed for several years.

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    Dish first announced last Friday that it reached an agreement with EchoStar for the satellite transfers, which will see Dish paying EchoStar $11 million.

    Dish will subsequently lease out those satellites.

    Full Content: Variety

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