Marcelo and Masa, Ergen says below he needs A WIRELESS INFRASTRUCTURE to do that.....
"And if that's going to happen then we have to have the infrastructure to do that," he said, according to a Seeking Alpha transcript of his remarks. "And so part of that foundation for any wireless project that we would do that we can envision that we would do are in partnership with somebody would involve a...heavy dose of video and content and we believe we've developed a platform that's precursor to do that on a wireless network."
so, in the next few months? Like a April-May 2015 timeframe? Charlie, your a bonafide scoundrel....when are you and Mr Son coming out of the closet?
Dish also open to buying 2.5 GHz spectrum
February 23, 2015 | By Phil Goldstein
Dish Network (NASDAQ: DISH) wants to use its wireless spectrum to launch an innovative mobile video service, and is willing to partner with companies both in and out of the wireless industry to do so, according to Dish Chairman Charlie Ergen. The key to any teaming would be that Dish and its partner should be able to accomplish more together than they could apart, he said.
Speaking to investors and reporters on Dish's fourth-quarter earnings conference call, Ergen also said Dish might be willing to purchase 2.5 GHz spectrum; Sprint (NYSE: S) has said it might sell some of its unused 2.5 GHz spectrum.
Dish already controls 40 MHz of mid-band AWS-4 spectrum, 10 MHz of 1900 PCS H Block spectrum, and its designated entity partners won 25 MHz of spectrum in the FCC's recent AWS-3 auction. Ergen said Dish is open to working with a company like T-Mobile US (NYSE:TMUS) or even a company outside of the wireless industry. The first step, he said, will be to ensure that Dish's designated entities, Northstar Wireless and SNR Wireless, gain control of the spectrum licenses they won in the auction. Ergen said he expects the next few months to be filled with conversations with potential partners.
"We are going to entertain those things that will provide competition to this market place. We will entertain those things that are good for our shareholders," he said. Ergen said that Dish does not have any "pre-determined" outcomes of how it will proceed in wireless before it has those conversations--meaning, Ergen wouldn't hint at what Dish might do.
Ergen said that Dish's Sling TV over-the-top video service is part of a strategy to take video into the mobile realm because that is how "the next generation is going to watch television." Ergen said.
so, more speculation on Spectrum value....?
BY REINHARDT KRAUSE, INVESTOR'S BUSINESS DAILY
04/23/2015 02:32 PM ET
The AWS-3 auction raised $41 billion, adjusted for discounts provided to bidding partners of satellite broadcaster Dish Network (NASDAQ:DISH). In the upcoming Broadcast Incentive Auction, slated for early 2016, the Federal Communications Commission is mulling changes that would curtail discounts to bidding entities backed by larger companies.
The AWS-3 results, says a Goldman Sachs report, raised the value of other airwaves owned by wireless phone companies. AT&T (NYSE:T) spent $18.2 billion in AWS-3, the most of any company, while Verizon Communications (NYSE:VZ) spent $10.4 billion.
Here, IMO is the ket sentence....
'Wireless firms are buying more airwaves for data services, especially mobile video' Mr Son, Mr Ergen ?
Wireless firms are buying more airwaves for data services, especially mobile video. Sprint (NYSE:S) owns the most spectrum, but it's high-band and not yet used. AT&T has more low-band spectrum than Verizon, while T-Mobile US (NYSE:TMUS) lags.
In all, Feldman estimates that the wireless industry and Dish own spectrum valued at $368 billion.
so much news on Google this past week....and Sprint has been mentioned quite a few times....and it seems Mr Market likes it...
Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is one of the world’s leading companies when it comes to TECHNOLOGICAL INNOVATION. With Google’s quarterly earnings release due out today, shareholders are hoping that Q1 will not mark the sixth consecutive quarter that Google has fallen short of consensus expectations.
A lot can change in three months. Here’s a list of several innovations that Google has implemented since its last earnings report.
1. Project Fi
Google’s biggest announcement in the past three months likely came just days ago when the company announced Project Fi, Google’s first wireless cellular service. The service is currently only available for Nexus 6 owners and it is built on top of SPRINT CORP (NYSE: S) and T-Mobile US Inc’s (NYSE: TMUS) networks.
Google has a long way to go before it competes with the major players in the wireless space, but there is no doubt that AT&T Inc (NYSE: T) and Verizon Communications Inc (NYSE: VZ) will be watching Project Fi very closely.
I've never bought, sold, traded Sprint or any other security for that matter based on what Kramer or Faber ever had to say....
The Sprint new and improved network is starting to get some positive press......
For five decades, Avis used the advertising slogan “We Try Harder” to promote how the car rental company went out of its way to compete with the industry leader.
The slogan was retired in 2012 but maybe Avis should consider turning it over to Samsung and Sprint.
In the United States smartphone market, Samsung is #2 behind Apple and, when it comes to carriers, AT&T and Verizon duke it out for the number one spot while Sprint holds on to third place, with T-Mobile nipping at its heels. Based on what I’m experiencing from the Galaxy S6 that Sprint loaned me, both companies are making great strides.
Others have reviewed the Galaxy S6, so I’ll be brief. It’s slick and attractive enough to take the smug look off the face of any iPhone 6 user (to be fair, only a tiny percentage of iPhone users are smug about their phone) and it’s packed with enough power and features to satisfy the pickiest of cell phone aficionados.
Like the iPhone 6 and 6 Plus, there are two versions of the S6. The basic one and the Edge. I tested the basic one but – for those willing to spend an extra $100, you can get the same features and nearly the same specifications as the S6 with a curved 5.1 inch 1440 x 2560 pixel screen instead of a flat one. As my fellow Forbes contributor Gordon Kelly pointed out in his comparison of the two phones, the Edge “simply looks cooler” and has “no bezel on either side and this makes it slightly thinner than the Galaxy S6.” There’s also a little more functionality as it comes to “information stream,” but click on over to Kelly’s review if you want details.
It's Marcelo's problem now? Is it Marcelo's BILLIONS invested in Sprint? Nope....Masa Son WANTS the street thinking he has checked out....Mr Son holds his cards close to his chest, as any savvy entrepnuer would do, everyone seems to understand that, except Faber....
so, AT&T is still going forward even after Comcast bailed on TWC.....Wow....
Nikesh Arora, now where did we hear that name before? oh yea, Google....but now, Nikesh is Masa Son's rain man....
Former Google executive broadens scope of Japanese tech firm’s investments
Eric Pfanner And
April 23, 2015 5:35 p.m. ET
TOKYO—Nikesh Arora was vacationing in his native India last summer, just before starting a job at SoftBank Corp. of Japan, when his new boss called. Masayoshi Son, SoftBank’s chief executive, told Mr. Arora that he wanted to invest in India.
“We looked at 50 different companies and we decided to invest in three in the span of two weeks,” recalled Mr. Arora, a former top Google Inc. executive, in an interview Thursday.
The seat-of-the-pants style is characteristic of Mr. Son, who parlayed a $20 million investment in the Chinese online retailer Alibaba Group Holding Ltd. 15 years ago into a stake valued at tens of billions of dollars and earned a reputation as one of the world’s shrewdest Internet treasure hunters. More recently, in 2013, he spent $21.6 billion on Sprint Corp. , the U.S. wireless carrier.
Mr. Son is still eager to make bold bets, but Mr. Arora’s arrival has brought some changes in investing style. Since joining SoftBank in October as head of its investment arm in San Carlos, Calif., Mr. Arora has brought a full-time and broader-ranging eye to SoftBank’s investments, as well as a Silicon Valley pedigree. At Google, he oversaw the company’s biggest moneymaker, the sale of advertising linked to its search engine.
Currently, SoftBank is a hybrid: It owns large mobile-phone service providers in Japan and the U.S., with billions of dollars tied up in networks and equipment, while putting far smaller sums in fledgling Internet and technology companies.
It's not Randall's money, part 2;
Dave Novosel, of independent research firm Gimme Credit, issued a note Thursday judging that AT&T’s credit is deteriorating. He wrote:
The A rating is in danger as the company prepares to digest the acquisitions of DirecTV and Iusacell in the first half of 2015. In addition, AT&T may pursue additional deals in Mexico, especially since America Movil will be shedding assets. The much-needed spectrum comes at a steep cost too. The substantial spending commitments are likely to boost leverage considerably. Hefty dividend payouts will increase with the issuance of new shares to fund the DTV transaction. Meanwhile, price wars continue in the industry.
Hey Randall, News Flash; Comcast bailed.....
AT&T (T) successfully sold $17.5 billion worth of bonds Thursday. It was the third largest corporate debt offering, behind a $49 billion deal by Verizon Communications (VZ) in 2013 and a $21 billion bond sale from Actavis Plc (ACT) in early March.
Proceeds will be used to finance the impending purchase of DirecTV (DTV).
Standard & Poor’s said it would keep AT&T’s credit rating the same at BBB+ noting, “we do not expect the transaction to affect key credit measures.”
But Bruce Falbaum, portfolio manager of Cohanzick Management‘s short-biased Nexus Fund, wasn’t so optimistic. He thinks the increase in net leverage is too high and may result in downgrades.
In an email to Barron’s he explained:
Management has said that it would expect to reduce leverage back toward 1.8x within 3 years or so, but this would require a net debt reduction of more than $30 bilion. They have made moves to sell some assets, but there is a long way to go with businesses that are providing slow growth.
Given the low growth mix of AT&T’s businesses, challenging competitive environment and declining margins and cash flow in its existing operations, we believe that the company may be hard pressed to achieve the leverage reduction goal. With respect to DTV, they are paying a very high price for cash flow to replace declines in cash flow in their other businesses.
Plus, Falbaum thinks Google’s recently announced introduction of a wifi-based mobile phone service has potential to create additional competitive pressure for AT&T.
Ergen isn't wired emotionally to spend a fortune building a new network. The costs to implement such a endeavor, including time to market, while competitiors make huge gains consolidating VS partnering up with the likes of Sprint, who has a new and improved network along with the financial clout of major backer SoftBank, is really a no brainier. My guess is Mr Son and Ergen already have a workable plan in place. We just haven't been made aware.... Just yet.
Also, with Comcast now pulling out from TWC, Ergen has to know that Sprint could be a new Comcast target.
I'm surprised that we haven't heard a word from Dish....maybe Claure will provide a update during the earnings call?
SAN FRANCISCO, April 23 (Reuters) - Comcast Corp plans to drop its offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter.
The cable operator could announce its decision as soon as Friday, Bloomberg said.
(Reporting By Peter Henderson; Editing by Meredith Mazzilli)
Comcast Corp. is planning to walk away from its proposed $45 billion takeover of Time Warner Cable Inc., people with knowledge of the matter said, after regulators planned to oppose the deal.
Comcast is planning to make a final decision on its plans Thursday, and an announcement on the deal’s fate may come as soon as Friday, said one of the people, who asked not to be named discussing private information.
This week, U.S. Federal Communications Commission staff joined lawyers at the Justice Department in opposing the planned transaction. FCC officials told the two biggest U.S. cable companies on Wednesday that they are leaning toward concluding the merger doesn’t help consumers, a person with knowledge of the matter said.
An FCC hearing can take months to complete and effectively kill a deal by dragging out the approval process beyond the companies’ time frame for completion. Justice Department staff is also leaning against the deal, Bloomberg reported last week.
Comcast shares rose 2.2 percent to $60.06 at 3:07 p.m. in New York, while Time Warner Cable climbed 0.5 percent.
Sena Fitzmaurice, a spokeswoman for Comcast, declined to comment.
While the DOJ has to present a case in court to block the deal, an FCC hearing referral could prove to be the bigger obstacle to Comcast’s bid to expand its cable and Internet footprint.
The last time the FCC staff proposed sending a merger to a hearing was over AT&T Inc.’s bid to buy T-Mobile USA Inc. in 2011, prompting the companies to drop the deal. The Justice Department had already brought a lawsuit seeking to block the merger.
Comcast representatives came away from the FCC meeting with the impression the deal was in trouble, according to a person familiar with the matter
Google analyst: wireless industry needs to get act together
Google (GOOG) wants to make more money by lowering your wireless bill; that’s what tech analyst Gene Munster says.
Munster covers Google stock as the managing director and senior research analyst at Piper Jaffray, and believes Google’s Project Fi is an effort for the internet giant to "motivate other wireless providers to provide cheap wireless service that will basically make it easier for us to consume more data."
Google is attempting to disrupt the telecom industry even further by launching its new wireless service. But "at the end of the day, Google does not want to be a wireless carrier," said Munster.
Instead, his take is the internet giant wants to put pressure on the telecom industry because low cost data generates more internet usage, which would turn into more ad sales for Google, especially with mobile YouTube.
Google is partnering with Sprint (S) and T-Mobile (TMUS) to provide mobile phone network in the U.S. The two wireless network operators will rent Google voice and data capacity, as well as the use of existing wi-fi hotspots.