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US: Dish, T-Mobile talk merger

 |  June 4, 2015

Dish Network is in talks to merge with T-Mobile, according to a report in The Wall Street Journal.

The talks to combine the second-largest satellite TV provider with the fourth-largest wireless carrier are in the “formative” stages, one person familiar with the situation told the newspaper.

But the companies have agreed that Dish Chief Executive Charlie Ergen would be the company’s chairman and T-Mobile Chief Executive John Legere would become the combined company’s CEO, other sources said.

T-Mobile spokeswoman Janice Kapner declined to comment. Dish spokesman John Hall also declined to comment.

Under pressure from the Internet, the telecommunications industry is experiencing a wave of consolidation. AT&T is in a $49 billion deal to buy Dish competitor DirecTV.

Full content: The Wall Street Journal

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