yeah, i was surprised the stock was going up, given that they were in a poor position with the lawsuit. the judge hated them. if they settle they would have to pay a fair amount. i guess it could have been a lot worse. $700 -80 = 620. 620/16000=3.9%. I seriously doubt the recent run up factored in a 3.9% hit to the stock due to a large settlement.
"From an ongoing business perspective, the inclusion of the licenses is perhaps the most interesting part of this deal, and speaks unambiguously to Dish's desire to follow through on building a wireless network," Craig Moffett, a Bernstein Research analyst, said in a research report.”
"The 500 megahertz spectrum is very high frequency and not suitable for mobile network deployment," he said in a report. "This spectrum can only be used for point-to-point applications and it requires line-of-sight. Therefore, we believe it could be used for fixed wireless and potentially mobile backhaul."
It looks like “ smart money “ likes the wireless spectrum licenses part , The 620 million was a surprise to me but in the long run its two good quarters of
free cash flow for Dish. The CC will be interesting this time.