Dish Network Corp and T-Mobile US Inc are in talks over a merger that would combine the second-largest satellite TV operator in the United States with the fourth-largest wireless carrier, the Wall Street Journal reported.Dish and T-Mobile US shares were up 8 percent and 12.8 percent respectively in premarket trade on Thursday, while those of T-Mobile's majority owner Deutsche Telekom were up 1.3 percent -- the only rise among German blue-chip stocks.A deal, which has been mooted in the past, would fit with Deutsche Telekom's stated interest in partnerships to strengthen its U.S. business after failing to sell it last year. It would also join a wave of tie-ups in the telecoms and TV industries as companies look to add services for customers. Representatives at Dish and T-Mobile US did not immediately respond to emails seeking comment outside regular U.S. business hours. A spokesman for Deutsche Telekom, which owns about 66 percent of T-Mobile US, declined to comment.
DISH Network Corporation, is a pay-television (TV) provider, with approximately 14. Shares of DISH fell by 1.24% or $-0.89/share to $70.81. In the past year, the shares have traded as low as $56.17 and as high as $80.75. On average, 1298060 shares of DISH exchange hands on a given day and today's volume is recorded at 1467841.
Shares of TMUS fell by 0.8% or $-0.31/share to $38.33. In the past year, the shares have traded as low as $24.26 and as high as $39.12. On average, 4139310 shares of TMUS exchange hands on a given day and today's volume is recorded at 4270505.