Dish Network reportedly in merger talks with T-Mobile US
Dish Network Corp is reportedly in talks to merge with T-Mobile US, in a deal that would accelerate a wave of consolidation across the US media and communications industries.
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Both sides are in close agreement about what the combined company would look like, with Dish chief executive Charlie Ergen becoming the company’s chairman and his T-Mobile counterpart, John Legere, serving as the combined company’s CEO, the Wall Street Journal cited people close to the matter as saying.
Questions about a purchase price and the mix of cash and stock that would be used to pay for a deal remain unresolved, according to the WSJ.