Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday July 09, 2011

Dish Network Buying TerreStar Voice and Data Networks

Dish Network will buy TerreStar Networks pending approval by the FCC. This will be the second acquisition by Dish Network of a satellite based mobile phone service. The end game is unknown since Dish Network is not commenting on the proposed purchase art this time.

The TerreStar deal is Dish's second recent satellite acquisition. In March, Dish agreed to acquire DBSD North America, also in bankruptcy, for about $325 million.