Dish Network (DISH) will find a way to make money off its wireless-spectrum licenses, says Deutsche Bank, which initiated coverage on the satellite TV broadcaster with a buy rating, though it says Dish’s core business could be pressured by Apple (AAPL). Deutsche analyst Bryan Kraft set a price target of 92 on Dish Network stock. Shares of the company are down more than 15% this year, but Dish Network stock was up more than 1% in early afternoon
A Verizon Communications (VZ) wireless spectrum deal with Dish Network (DISH) is still possible, analysts say, in the wake of the satellite TV broadcaster’s decision to surrender some airwave licenses won at a government auction for rebidding. That’s because most of the airwaves surrendered are near spectrum blocks now owned by AT&T (T) and T-Mobile US (TMUS), while Dish Network kept airwaves closer to Verizon’s, says Jefferies analyst Mike
Dish Network (DISH) shareholders should brace themselves for a wireless radio spectrum leasing deal with so-so economics, not an outright sale of the airwaves to the likes of Verizon Communications (VZ), says Barclays. Comments by Verizon CEO Lowell McAdam at last week’s Goldman Sachs conference seemed to open the door to renewed talks between the wireless firm and the satellite TV broadcaster over Dish’s 80 MHz of radio spectrum, notes Barclays