T-Mobile US is in talks to merge with US satellite TV giant DISH Network, the Wall Street Journal (WSJ) has reported, and the two sides are in close agreement about what the combined company would look like. As such, DISH chief executive Charlie Ergen will reportedly assume the role of chairman and his T-Mobile counterpart John Legere will serve as the combined company’s CEO. However, questions about a purchase price and the mix of cash and stock that would be used to pay for it remain unresolved, the WSJ said. One unnamed source characterised the talks as at ‘the formative stage’, and noted that an agreement might not ultimately be reached.
As previously reported by TeleGeography’s CommsUpdate, T-Mobile rival AT&T Inc is close to wrapping up its long-running USD49 billion deal for DISH’s satellite TV rival DirecTV. Meanwhile, last month cable giant Charter Communications agreed the dual acquisition of Time Warner Cable (TWC) and Bright House Networks.