The flirtation between wireless carrier T-Mobile US (TMUS) and satellite TV broadcaster Dish Network (DISH) has reportedly blossomed into merger talks, sending both stocks rising. The merger would create a stronger competitor to AT&T (T), Verizon Communications (VZ) and Sprint (S). T-Mobile CEO John Legere would lead the combined company, the Wall Street Journal said. Dish Network CEO Charlie Ergen would be chairman. Germany’s Deutsche Telekom
Dish Network (DISH) will not spin off its wireless spectrum holdings into a separate company, aims to deliver a wireless version of its Sling Web TV service, and views T-Mobile US as a likelier partner than Sprint. That’s the upshot from the satellite TV broadcaster’s Tuesday meeting with analysts. Dish Network stock was down nearly 1% in midday trading in the stock market today, near 71. Shares in the No. 2 satellite TV broadcaster, behind
CBS (CBS) CEO Leslie Moonves on Wednesday spilled the beans on Apple ‘s (AAPL) widely rumored “skinny bundle” Internet TV service. Speaking at the Code conference in Rancho Palos Verdes, Calif., Moonves said Apple hopes to shake up the pay-TV business by offering a lower-cost service with a limited set of channels, USA Today reported. “Apple TV is trying to change the universe a little bit as did Sling, as did Sony. What Apple will offer … are a more select group (of channels) for a lower price,” Moonves said. It will compete with other Internet TV services like Dish Network ‘s (DISH) Sling TV and Sony’s (SNE) PlayStation Vue. CBS “probably” will do a deal with Apple on Apple TV, Moonves said. He met with Eddie Cue, Apple’s senior vice president of Internet software and services, just last week, Moonves said. Apple has yet to publicly…