AllAnalyst Report
logoMorningstarOctober 19, 2020

DISH Network Corporation: Verizon Dominates the CBRS Spectrum Auction as AT&T Sits Out

Symbols
DISH
Sector(s)
Communication Services
Rating
Premium
Current Price
$36.13
Fair Value
Premium
Economic Moat
Premium
Stewardship
Premium
Summary

From its founding in the 1980s Dish Network has primarily focused on the satellite television business, capitalizing on technological advancements to expand its reach. The firm now serves 9.4 million U.S. customers via its network of owned and leased satellites. Dish launched an Internet-based television offering under the Sling brand in 2015 and now serves about 2.6 million customers on this platform. Dish’s future, however, hinges primarily on the wireless business. The firm has amassed a large portfolio of spectrum licenses over the past decade, spending more than $21 billion in the process. It plans to acquire Sprint's prepaid business and build a nationwide wireless network.

Premium
Subscribe to Yahoo Finance Premium for full access
Read the latest independent research including analyst forecasts, ratings on the US economy, and more. Get individual company and overall sector level recommendations.
Try Premium FREE