EchoStar Shares Surge Amid DirecTV and DISH Network Merger Talks

GuruFocus09-16

EchoStar (SATS +4%) hit fresh 52-week highs today following reports that AT&T (T, Financial) and its joint-venture partner TPG (TPG, Financial) are discussing a merger between DirecTV and DISH Network...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2468823062?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-16 23:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2468823062","market":"us","top_or_hot":-1,"title":"EchoStar Shares Surge Amid DirecTV and DISH Network Merger Talks","media":"GuruFocus","content":"<div>\n<p>EchoStar (SATS +4%) hit fresh 52-week highs today following reports that AT&T (T, Financial) and its joint-venture partner TPG (TPG, Financial) are discussing a merger between DirecTV and DISH Network...</p>\n\n<a href=\"https://www.gurufocus.com/news/2527507/echostar-shares-surge-amid-directv-and-dish-network-merger-talks\">Source Link</a>\n\n</div>\n","source":"gurufocus_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EchoStar Shares Surge Amid DirecTV and DISH Network Merger Talks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEchoStar Shares Surge Amid DirecTV and DISH Network Merger Talks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-16 23:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.gurufocus.com/news/2527507/echostar-shares-surge-amid-directv-and-dish-network-merger-talks><strong>GuruFocus</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>EchoStar (SATS +4%) hit fresh 52-week highs today following reports that AT&T (T, Financial) and its joint-venture partner TPG (TPG, Financial) are discussing a merger between DirecTV and DISH Network...</p>\n\n<a href=\"https://www.gurufocus.com/news/2527507/echostar-shares-surge-amid-directv-and-dish-network-merger-talks\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4515","symbol_name":"5G概念","start_time":0,"source_url":"https://www.gurufocus.com/news/2527507/echostar-shares-surge-amid-directv-and-dish-network-merger-talks","article_id":"2468823062","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468823062","pubTimestamp":1726500811,"sourceInfo":{"source_id":"gurufocus_highlight","name":"GuruFocus"},"weMediaInfo":null,"summary":"EchoStar (SATS +4%) hit fresh 52-week highs today following reports that AT&T (T, Financial) and its joint-venture partner TPG (TPG, Financial) are discussing a merger between DirecTV and DISH Network","collect":0,"end_time":0,"defaultTopTitle":"gurufocus.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4515":"5G概念","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4108":"电影和娱乐","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","NFLX":"奈飞","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4100":"有线和卫星","BK4587":"ChatGPT概念","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","BK4566":"资本集团","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU1621767737.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (EUR) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","BK4527":"明星科技股","LU2384288077.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A-INS\" (EUR) ACC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU1621767810.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A\" (EUR) INC","BK4550":"红杉资本持仓","LU1621768206.USD":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (USD) ACC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4115":"综合电信业务","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU1621768115.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"B\" (EUR) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU1046421795.USD":"富达环球科技A-ACC","BK4551":"寇图资本持仓","DISH":"Dish Network","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","BK4581":"高盛持仓","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","DIS":"迪士尼","T":"美国电话电报","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4548":"巴美列捷福持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","SATS":"回声星通信","BK4089":"非传统电信运营商","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD"},"translate_title":"DirecTV和DISH Network合并谈判中EchoStar股价飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SATS":1,"DISH":1,"T":0.9,"NFLX":0.6,"DIS":0.6},"content_text":"EchoStar (SATS +4%) hit fresh 52-week highs today following reports that AT&T (T, Financial) and its joint-venture partner TPG (TPG, Financial) are discussing a merger between DirecTV and DISH Network. SATS, the holding company for DISH Network, owns assets like Boost Mobile, Sling TV, and HughesNet. AT&T acquired DirecTV nearly a decade ago for over $67 billion.No company spokesperson has confirmed the rumors yet. If the merger happens, it would create a significant player in the pay-TV industry. DirecTV had around 11 million subscribers last year, while DISH had about 6 million at the end of its most recent quarter.The combined subscriber count would be substantial but still below each company's peak. DirecTV lost approximately 2 million subscribers last year. In 2013, DirecTV had over 20 million subscribers, and DISH had more than 14 million. This isn't the first time a merger has been discussed. In 2002, regulators blocked a merger due to antitrust concerns. Today's environment is different. The rise of streaming services like YouTube TV (GOOG, Financial) and FuboTV (FUBO, Financial) has led to increased cord-cutting. SATS’s Sling TV added 78,000 new users in Q2, reaching around 2 million total subscribers and achieving profitability, unlike some competitors. AT&T, which formed a joint venture with TPG in 2021 and moved DirecTV to the JV, may be eager for a merger. EchoStar has also invested heavily in wireless infrastructure through its Boost Mobile brand.Amid a shifting TV landscape dominated by streaming giants like Netflix (NFLX, Financial) and Hulu (DIS, Financial), a merger between DirecTV and DISH Network seems more plausible. Antitrust concerns that once blocked the merger have lessened as both companies have seen declining subscriber numbers. With SATS and AT&T shares reaching one-year highs, investors are optimistic about the merger's potential success.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Company Corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2468823062"}