Way back in late 2011, Dish Network expressed interest in T-Mobile if the magenta carrierâ€™s deal with AT&T fell through. Well, it did just that. And here we are in mid-2015, with new Dish-T-Mobile merger rumors surfacing.
Dish Network and T-Mobile are reportedly in â€œthe formative stageâ€ of merger talks. Sources tell the Wall Street Journal that while the two companies are still hammering out details like a purchase price and how much cash and stock a merger would involve, theyâ€™ve at least got some of the executive makeup figured out. Itâ€™s said that if the two companies become one, current Dish CEO Charlie Ergen would be the combined firmâ€™s chariman, while current T-Mobile CEO John Legere would serve as the merged companyâ€™s CEO.
While unofficial, both T-Mobile and Dish have a reason for seeking a suitor. On the T-Mobile side, the company is looking to continue to grow in the U.S. wireless market, and T-Mo parent company Deutsche Telekom is looking to ditch T-Mobile and its 66 percent stake in the carrier. Meanwhile, Dish has long been interested in the mobile market, and itâ€™s got some wireless spectrum that T-Mo would probably like to have.
So both companies certainly have a reason to be interested in one another, but weâ€™ll just have to wait and see if theyâ€™ll actually end up getting together. Do you think a Dish-T-Mobile merger will actually happen?