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4-Traders Homepage  >  Equities  >  Nasdaq  >  DISH Network Corporation    DISH

DISH NETWORK CORPORATION (DISH)
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Delayed Quote. Delayed  - 06/22 10:00:00 pm
34.91 USD   +3.44%
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AT&T-Time Warner deal not dead yet: Dish CEO Ergen

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11/09/2017 | 08:38pm CEST

(Reuters) - AT&T Inc's (>> AT&T) proposed acquisition of Time Warner Inc (>> Time Warner), which is being scrutinized by the U.S. Department of Justice, may not be dead yet, Dish Network Corp (>> Dish Network) Chief Executive Charlie Ergen said.

(Reuters) - AT&T Inc's (>> AT&T) proposed acquisition of Time Warner Inc (>> Time Warner), which is being scrutinized by the U.S. Department of Justice, may not be dead yet, Dish Network Corp (>> Dish Network) Chief Executive Charlie Ergen said.

"By no means is it dead and I think there certainly may be ways they can work it out," Ergen said on a post-earnings conference call with analysts on Thursday.

The U.S. Department of Justice has demanded significant asset sales to approve the $85.4 billion deal, sources told Reuters on Wednesday, and has asked AT&T to sell CNN-parent Turner Broadcasting or its DirecTV satellite TV operation in discussions on Monday.

"There definitely would be a huge concentration of content and distribution in one company and the net effect of that, as many people have highlighted in the press and to the Justice Department, certainly could have negative impact on the consumer," Ergen said.

(Reporting by Supantha Mukherjee and Arjun Panchadar in Bengaluru; Editing by Sriraj Kalluvila)

Stocks treated in this article : Dish Network, Time Warner, AT&T
Stocks mentioned in the article
ChangeLast1st jan.
AT&T 0.28% 31.69 Delayed Quote.-18.49%
TIME WARNER 0.00%-End-of-day quote.7.98%
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Financials ($)
Sales 2018 13 642 M
EBIT 2018 1 836 M
Net income 2018 1 326 M
Debt 2018 13 135 M
Yield 2018 -
P/E ratio 2018 13,79
P/E ratio 2019 16,32
EV / Sales 2018 2,16x
EV / Sales 2019 2,15x
Capitalization 16 316 M
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DISH Network Corporation Technical Analysis Chart | DISH | US25470M1099 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 56,0 $
Spread / Average Target 60%
EPS Revisions
Managers
NameTitle
W. Erik Carlson President & Chief Executive Officer
Charles William Ergen Chairman
John Swieringa Chief Operating Officer & Executive Vice President
Steven E. Swain Chief Financial Officer & Senior Vice President
Vivek Khemka Chief Technology Officer & Executive VP
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