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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
04/14/201414:45:09LightSquared Says It Was Right to Shut Dish's Ergen Out of Restructuring...
03/31/201417:41:19Falcone Tried to Shut Dish Chairman Ergen Out of LightSquared...
03/26/201417:19:33Dish's Ergen Says LightSquared Proposal Treats Him Unfairly
03/26/201414:39:01Dish's Ergen Approached DirecTV CEO About Merger -Bloomberg
03/12/201415:02:58LightSquared Drops Regulatory Hurdles From Proposed Bonuses
03/11/201420:37:47Disney Media Networks Co-Chairman to Resign
03/05/201410:45:31Dish Expands Remote-Viewing App to Amazon's Kindle Fire
03/04/201418:00:20CBS CEO Says Dish Deal 'Great Start' But Not Enough
03/04/201412:50:17LightSquared Seeks Not to Count Ergen's Vote
03/04/201412:36:55LightSquared Seeks Not to Count Ergen's Vote Against Restructuring
02/28/201417:10:12Judge Says Dish, Ergen Must Turn Over Certain Documents
02/28/201416:51:09Judge Says Dish and Ergen Must Turn Over Certain Documents
02/26/201417:15:13TiVo Swings to Profit, Adds Subscribers
02/21/201420:37:48Dish Reports Higher Profit, Unease with Comcast Deal--3rd Update
02/21/201415:58:47Dish Reports Higher Profit, Unease with Comcast Deal--2nd Update
02/21/201409:01:48Dish Profit Rises as Subscriber Rolls Grow; EchoStar Profit Falls...
02/21/201408:00:40Dish Profit Rises; EchoStar Profit Falls
02/21/201407:34:52Dish Profit Rises as Subscriber Rolls Grow; EchoStar Profit Falls
02/20/201416:10:14DirecTV CEO Voices Opposition to Comcast-TWC Deal
02/15/201411:48:08LightSquared Files New $2.65 Billion Reorganization Plan

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