Dish said to bid $2B for Lightsquared spectrum
Dish founder and Chairman Charlie Ergen.
(Credit:
Screenshot by Dan Farber/CNET)
LightSquared’s wireless spectrum could be getting a new owner, according to a new report.
According to Bloomberg, Dish Network Chairman Charlie Ergen made a $2 billion bid last week for LightSquared’s radio frequencies, which are owned by private investment firm Harbinger Capital Partners.
Bloomberg added, based on unnamed sources said to be familiar with the deal, that LightSquared has until the end of the month to make a decision.
Dish is already bogged down by other networking and communications deals…
Excerpt from: Dish said to bid $2B for Lightsquared spectrum
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