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Share Name | Share Symbol | Market | Type |
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DISH Network Corporation | NASDAQ:DISH | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 5.77 | 5.75 | 5.79 | 0 | 01:00:00 |
DISH Network Corporation (NASDAQ: DISH) today filed a reply with the Federal Communications Commission (FCC) countering arguments made by Charter Communications, Inc. (Charter), Time Warner Cable, Inc. (TWC) and Bright House Networks (BHN) defending the proposed merger between the companies. In the reply, DISH outlines how the applicants have failed to prove that this proposed merger is in the public interest and reiterates its call for the FCC to deny the merger.
“If the proposed merger is approved, 90 percent of the nation’s high speed broadband homes would be controlled by two companies, and the combined ‘New Charter’ would have every incentive to sabotage OTT services like Sling TV that compete with the old school cable bundle,” said Jeffrey Blum, DISH senior vice president and deputy general counsel. “The proposed merger is harmful for consumers, competition and innovation, and should be denied.”
Following are key points DISH makes in today’s filing. The complete filing can be found here.
MERGER WILL NOT SERVE THE PUBLIC INTEREST:
A copy of DISH’s response filing can be found here: http://about.dish.com/sites/dishnetwork.newshq.businesswire.com/files/doc_library/file/DISH_Reply_to_FCC_on_Proposed_CharterTime_Warner_Cable_Merger.pdf
A copy of the full petition to deny (filed on October 13) is available here: https://dishnetwork.newshq.businesswire.com/sites/dishnetwork.newshq.businesswire.com/files/doc_library/file/2015-10-13_As-Filed_DISH_Network_Corp_Petition_to_Deny_Charter-Time_Warner_Cable_Merger.pdf
About DISH
DISH Network Corp. (NASDAQ:DISH), through its subsidiaries, provides approximately 13.909 million pay-TV subscribers, as of Sept. 30, 2015, with the highest-quality programming and technology with the most choices at the best value. DISH offers a high definition line-up with more than 200 national HD channels, the most international channels and award-winning HD and DVR technology. DISH Network Corporation is a Fortune 250 company. Visit www.dish.com.
Subscribe to DISH email alerts: http://about.dish.com/alerts
Follow @DISHNews on Twitter: http://www.twitter.com/DISHNews
View source version on businesswire.com: http://www.businesswire.com/news/home/20151112006778/en/
DISHKaren Modlin, 303-723-1850Karen.Modlin@dish.com
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