Dish Network Corp Chief Executive Officer Charlie Ergen said the satellite TV company would not make a move for competitor DirecTV because the price would be too high, even though a combination of the two companies would have high synergies. "DirecTV would be too frothy for us, for our board to look at, at those kind of prices," Ergen said on a conference call on Thursday after the company reported first quarter results.Ergen was referring to media reports saying AT&T Inc and DirecTV were weighing a tie-up.He also said Dish was not in a position to outbid Sprint Corp should it make a move for smaller rival T-Mobile US Inc but if Sprint did not proceed, T-Mobile US Inc would be of strategic interest to Dish. (Reporting By Liana B. Baker; Editing by David Gregorio)
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH fell by 2.59% or $-1.62/share to $61.04. In the past year, the shares have traded as low as $37.30 and as high as $64.52. On average, 2874390 shares of DISH exchange hands on a given day and today's volume is recorded at 2485989.
AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T traded higher by 2.04% or $0.73/share to $36.49. In the past year, the shares have traded as low as $31.74 and as high as $37.83. On average, 28914100 shares of T exchange hands on a given day and today's volume is recorded at 27349900.
Shares of TMUS fell by 0.37% or $-0.12/share to $31.89. In the past year, the shares have traded as low as $17.85 and as high as $34.10. On average, 4603850 shares of TMUS exchange hands on a given day and today's volume is recorded at 2659686.
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