Why AT&T is Buying Into the Dying Satellite TV Business
 

Why AT&T is Buying Into the Dying Satellite TV Business
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In a rare moment of honesty from a chief executive, Dish CEO Charlie Ergen told attendees at an industry conference in 2012 that even his own kids at college don't pay for TV and probably won't after they graduate.

"I think people are cutting the cord," he said. “There is a reason that ******* companies give away free cigarettes at colleges." While Dish is caught up in the same macro trend that's bedeviling cable companies, some analysts consider it a more attractive purchase for AT&T than DirecTV. That's because Dish holds billions of dollars in wireless spectrum

DirecTV is hardly a basket case. It had 20.25 million U.S. subscribers at the end of 2013 and its Latin American business grew 12% that year to 11.57 million Read more...

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