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Dish Network CEO Denies Interest In Selling Spectrum, Company

By Greg Bensinger Of DOW JONES NEWSWIRES LAS VEGAS -(Dow Jones)- Dish Network Corp. (DISH) Chief Executive Joe Clayton said he has no plans to sell the company or its assets, though he said he's seen new interest in spectrum that Dish has amassed to build its own wireless network. Dish has been at the center of speculation it could sell itself or its airwaves after AT&T Inc. (T) walked away from its $39 billion bid to buy T-Mobile USA from Deutsche Telekom AG (DTE.XE, DTEGY) "It's not part of our strategy," Clayton said Tuesday in an interview in Las Vegas as part of the Consumer Electronics Show. "If we were here to maximize value, cut costs, you wouldn't see this type of investment." Dish on Monday announced new set-top boxes that will allow for more simultaneous recording, as well as a streamlined logo and new advertising campaign. The Denver-based company has an application with the Federal Communications Commission to convert satellite spectrum it purchased into a terrestrial network operating consumer handsets and other devices. Clayton said he expected to hear by as soon as the end of March where Dish's request will be granted. He said the company could have a full nationwide network within three years after its application is approved. -By Greg Bensinger, Dow Jones Newswires; 212-416-4676; greg.bensinger@dowjones.com

Stock News for Dish Network (DISH)
DateTimeHeadline
11/18/201414:01:34Harbinger Urges Judge Not to Dismiss Suit Against Dish, Ergen
11/07/201412:08:17Natrol Set to Auction Its Assets -- Week Ahead
11/03/201416:21:52Dish's Ergen to Control LightSquared in Newly Announced Deal...
11/03/201415:14:05Dish's Ergen to Control LightSquared in Newly Announced Deal
10/14/201408:36:34Iliad Drops Plan to Acquire T-Mobile US -- 5th Update
10/13/201417:35:47Iliad Drops Plan to Acquire T-Mobile US -- 4th Update
08/22/201409:33:33U.S. Hot Stocks: Hot Stocks to Watch
08/22/201408:20:29Dish Network Finance Chief to Retire
08/22/201408:00:20Dish Network Finance Chief Robert Olson to Retire
08/12/201420:11:11Political-Targeting Tools Move Down the Ballot
08/07/201409:40:59Deutsche Telekom Still Waiting for Acceptable T-Mobile Bid -Update
08/06/201407:50:10Dish Network Swings To Profit
07/18/201418:54:06James River Set to Auction Its Assets -- Week Ahead
07/07/201409:00:48U.S. Hot Stocks: Hot Stocks To Watch
07/01/201413:10:11LightSquared Unveils Restructuring Plan
05/19/201418:56:36NFL Pivotal to AT s Deal for DirecTV
05/08/201418:08:34Judge Says LightSquared Restructuring Plan Unfair to Ergen...
05/08/201415:37:09Judge Subordinates Part of Ergen LightSquared Claims -- Update
05/08/201407:40:14Dish Earnings Fall as Costs Increase
04/14/201414:45:09LightSquared Says It Was Right to Shut Dish's Ergen Out of Restructuring...

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