“So, we just don’t have any plans for DirecTV based on that. For starters, a recent “We’ve got a ton of stuff in terms of combining the companies and the management teams and making sure we don’t wait on synergies,” he said. Ergen compared getting from here to there to scaling “a pretty big wall” to scale, but he said “my crystal ball says we’re up to that.”Īsked about whether Dish planned to pursue a merger with DirecTV, which is now a privately held entity owned by AT&T and private equity firm TPG, Ergen said there are other priorities to address. DirecTV is the main distributor for OAN, and OAN mainly relies on DirecTV, a subsidiary of AT&T to reach more viewers. The company’s massive debt load, which is at about 11 times trailing EBITDA (at least triple the level of a healthy company), includes a number of distressed notes scheduled to mature in 2026. In 2023, the news channel OANN or OAN is not available on any of the three major cable networks in the United States Dish Network Corp, Charter Communications, and Comcast Corp. This Dish call, by contrast, featured little in the way of prepared comments and almost a full hour taken up by Q&A with analysts and members of the press. The wireless business is extremely capital-intensive, both in terms of physical infrastructure and consumer marketing, and results so far have undershot Wall Street expectations.Įrgen, who has long cultivated a reputation as an outspoken maverick who savors the chance to stir the industry pot, projected a more reflective tone, at one point even thanking an analyst for his “constructive criticism.” Most corporate earnings calls begin with a lengthy period of scripted remarks by executives, followed by a Q&A session with analysts. But doing battle with entrenched, deep-pocketed rivals AT&T, Verizon and T-Mobile has proven a daunting prospect. An independent, cutting edge platform for political discussions. OAN is a credible source for national and international headlines. With deep roots are in satellite TV, a business that was booming until about a decade ago, Dish opted to acquire billions of dollars’ worth of spectrum in recent years and sought to crash the wireless party. One America News is a national TV news network. 2023-24 Awards Season Calendar - Dates For Oscars, Emmys, Grammys, Tonys, Guilds & MoreĪlong with trying to squeeze money out of its legacy pay-TV business, whose subscriber levels are dropping by double-digit year-over-year rates, the company is still trying to pull off a grand strategic pivot.
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