Dish Network’s (DISH) Q3 earnings are expected to rise 26% as analysts await CEO Charlie Ergen’s update on the satellite TV broadcaster’s wireless strategy, an upcoming government auction of airwaves, and its Sling video streaming service. Dish Network is slated to report earnings before the market opens on Monday. The satellite TV broadcaster’s Q3 revenue is expected to grow 3% to $3.79 billion, with EPS growing 26% to 39 cents per share. Dish
Verizon Communications CFO Fran Shammo had kind words for Dish Network, tough words for Comcast, and perhaps worrisome words for TV broadcasters selling spectrum in a 2016 auction. Shammo was speaking on the phone company’s Q3 earnings call Tuesday. The upshot: A Verizon (VZ)-Dish Network (DISH) deal on wireless spectrum might still be possible, Verizon appears reluctant to renegotiate terms of a 2011 wholesale network deal with Comcast (CMCSA),
Dish Network (DISH) has no big deals pending and is more likely to sell its wireless spectrum on a fully taxable basis down the road, lowering profits, says Goldman Sachs, which took the satellite-TV broadcaster off its stock “conviction list” on Tuesday. Goldman analyst Brett Feldman maintained a buy rating on Dish Network stock, but he slashed his price target to 77 from 108. Dish has cobbled together 80 MHz of spectrum that it has yet to use,