BGR: SPRINT REPORTEDLY LOOKING TO TEAM UP WITH DISH ON ITS PROPOSED NATIONAL WIRELESS NETWORK
The intrigue surrounding the Dish Network’s (DISH) plans to build out its own nationwide mobile data network just got even more interesting. Unnamed sources have told Bloomberg that Sprint (S) has been trying to hash out a deal with Dish that would let the satellite television provider “offer mobile-phone service over the carrier’s network” in exchange for giving Sprint “access to Dish’s mobile airwaves, which aren’t currently being used.” From there, the companies would either “share revenue from customers who sign up for a Dish wireless service, or Dish may pay Sprint a fee to use the network.” Dish, which wants to use a 40MHz chunk of satellite spectrum on the 2GHz band for terrestrial LTE-Advanced services, has also reportedly held talks with Google (GOOG) to jointly operate a nationwide LTE network that would officially set up the companies as direct competitors with wireless giants Verizon (VZ) and AT&T (T).
Nope. The more prosperity for Sprint/Softbank, the more money they can flow to Clearwire. Most everyone agrees Clearwire will be bought out, as the only real issue is the timing and amount.
The way to look at this is the more customers on the Sprint/Clearwire networks, the more backhaul capacity has to be installed, which in turn means potentially more DW micros are installed where the demand is high for backhaul solutions.
However, this Sprint/Dish deal should it happen will need time to evolve and grow business, etc. So, the impact is way down the road.
For your consideration, the faithful longs at this point should not be washed out on dips, as was proven this week even. That is because the basic trading rule kicks in that when the selling is exhausted, there are only buyers left. I agree with garth and others that at this stage, the big selling is over with as evidence by what happened in the last two weeks. Should this be the case, which seems established now, then the price will move up higher.