Thursday, 8 June 2017

DISH Network And Amazon to Expand Partnership, Possible Merger Soon

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DISH Network and Amazon could expand the association, explore the possible merger. Amazon.com, Inc. and DISH Network Corp could be taking their deepening relationship one step further.

Days after the pair made Alexa exclusively in DISH boxes, a person familiar with the situation told reporters that the two companies are considering expanding their association or potentially merging sometime in the coming months.


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Such an association would shed water on analysts' theories of a DISH purchase by telecoms companies.

What's New?

Amazon plans to support its remote-controlled drones with DISH's 5G spectrum, the person said.

In addition, Benzinga has learned that companies are exploring the integration of Amazon Prime Video for streaming facilitated by DISH.

Speculation

DISH has been surrounded by merger speculation since Straight Path Communications Inc. announced an agreement to be acquired by AT & T Inc. AT & T was later superseded by Straight Path by Verizon Communications Inc.

The Straight Path deal revealed to Wall Street that companies with significant spectrum were becoming targets to take in a consolidation telecom space. But the notion of an agreement with Amazon was raised by Citi analyst Michael Rollins in May, who said the relationship would be mutually beneficial to both companies.

DISH CEO Charles Ergen, in the company's latest profit call, expressed a considerable desire to find a partner who envisions a larger wireless world than one in which "you can send a text and maybe ... a little Video "- in other words, a partner willing to interrupt the space.

DISH and Amazon both declined to comment.

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