Dish Network Corp Chairman Charlie Ergen said on Thursday he wanted to avoid pricy bidding wars with deep-pocketed rivals for targets such as T-Mobile and DirecTV, even if they could help the satellite television operator.Merger speculation in the pay-TV and telecommunications industries has heated up in the past few months, with Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc and DirecTV's reported talks with AT&T about a sale.Sprint Corp, controlled by Softbank Corp's Masayoshi Son, has also made no secret of its interest in T-Mobile US Inc, which some bankers have floated as a potential target for Dish as well..When asked on a conference call about Dish's merger options, Ergen said the company, which attempted to purchase DirecTV more than a decade ago, would not make a new approach at its current price, even though a tie-up would provide lots of synergies.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH fell by 4.02% or $-2.52/share to $60.14. 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 6059253.
Shares of TMUS fell by 0.87% or $-0.28/share to $31.73. 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 4695137.
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC fell by 1.46% or $-2.07/share to $139.24. In the past year, the shares have traded as low as $92.87 and as high as $147.28. On average, 3561420 shares of TWC exchange hands on a given day and today's volume is recorded at 2825173.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX traded higher by 0.32% or $0.22/share to $68.04. In the past year, the shares have traded as low as $55.71 and as high as $70.77. On average, 5578920 shares of TWX exchange hands on a given day and today's volume is recorded at 5083463.
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