Dish Network Corp and T-Mobile US Inc are discussing a deal to combine the second-largest satellite TV operator in the United States with the fourth-largest wireless carrier, a person familiar with the matter said on Thursday.Dish and T-Mobile US shares were up 5.6 percent and 4.8 percent respectively in morning trading on Thursday, while those of T-Mobile's majority owner Deutsche Telekom were up 2.9 percent.A deal, which has been mooted in the past with senior executives from both companies having entertained it in public comments, 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. The talks between the two companies are at an early stage and important aspects of the deal such as a price and structure have yet to be determined, the source said, asking not to be identified because the negotiations are confidential.
DISH Network Corporation, is a pay-television (TV) provider, with approximately 14. Shares of DISH traded higher by 5.91% or $4.185/share to $75.00. 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 3689015.
Shares of TMUS traded higher by 4.3243% or $1.6575/share to $39.99. In the past year, the shares have traded as low as $24.26 and as high as $40.77. On average, 4139310 shares of TMUS exchange hands on a given day and today's volume is recorded at 9884839.
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