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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
05/23/201317:50:10Dish Secures $9 Billion in Financing for Sprint Bid
05/22/201319:05:36Clearwire: No Substantive Talks With Dish Network Since April
05/21/201300:10:25Softbank Plans ¥400 Billion Retail Bond Issuance
05/20/201317:10:03Dish Offers $2 Billion for LightSquared Spectrum
05/20/201316:49:36Dish Offers $2 Billion for LightSquared Spectrum -Bloomberg
05/14/201310:50:12Dish Plans $2.5 Billion Debt Sale for Sprint Bid
05/13/201313:10:04Egan-Jones Backs Sprint Bid for Clearwire
05/12/201323:50:34SoftBank Warns Banks on Rival Sprint Bid
05/10/201310:50:05Proxy Firms Differ on Sprint's Clearwire Bid
05/10/201309:14:05Proxy Adviser ISS Recommends Clearwire Holders Vote For Sprint...
05/09/201318:20:12Sprint Wouldn't Allow Clearwire Bankruptcy
05/09/201307:00:51Dish Network Net Falls 40% on Higher Costs
05/09/201306:53:07Dish Network 1st-Quarter Net Falls 40% on Higher Costs
05/07/201323:20:13Sprint Has Questions About Dish Offer
05/06/201314:11:08LightSquared Gets FCC Approval to Temporarily Share Spectrum
05/06/201309:20:05Clearwire Says Sprint Deal Best for Minority Shareholders
05/06/201309:11:31Clearwire Reiterates Sprint Deal Is Best Option for Minority...
05/03/201314:30:14Clearwire Shareholders to Press for Higher Buyout
05/02/201310:50:06Sprint Sets Date for SoftBank Deal Vote
04/30/201304:30:11SoftBank Won't Raise Bid for Sprint

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