This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Dish Network a Target After DirecTV Buy?: StockTwits

Stocks in this article: DISHTDTVVZSTMUSCVC

NEW YORK (TheStreet) -- Dish Network  (DISH) shares vacillated between red and green Monday as investors debated whether AT&T's (T) $48.5 billion buy of satellite company DirecTV  (DTV) made Dish more or less attractive to a potential acquirer.

The bulls argued that AT&T's potential merger with a satellite company forced competitors Verizon  (VZ), Sprint  (S), and T-Mobile  (TMUS) to find their own satellite providers. They pointed to reported talks between Dish and Verizon as evidence of the interest from telecommunications companies.

$DISH $VZ #DEALREPORTER held talks... ? Mitch (@Mitchnole) May. 19 at 01:52 PM

$DISH is next now that $T and $DTV deal is done @ $95 / share. ? Ophir Gottlieb (@OphirGottlieb) May. 18 at 06:31 PM

Telecommunications providers are interested in expanding their offerings to include television service, in part because cable companies have encroached upon their turf with Internet-delivered voice service. Many cable companies such as Cablevision  (CVC) offer phone service bundled with television and Internet, and promise low rates and one bill.

But bears argued that the DirecTV/AT&T deal made Dish Network less attractive. Two of the most likely acquirers for the satellite service were AT&T and DirecTV, they argued. If those buyers are no longer in the market, then Dish may have to go it alone against a much stronger competitor. Dish's stock fell 0.7%.

$DISH VZ said they're not interested in any more deals......what you buyers are doing is allowing the MM's to unload their positions on you ? Andrea (@ajohnke) May. 19 at 01:58 PM

Two firms, Hanson and MoffettNathanson, downgraded Dish Monday to a sell on the DirecTV deal news.

However, not all analysts were in the bear camp. In addition to satellite television service, Dish has spectrum that also makes it attractive to telecommunications companies hoping to offer compelling Internet, TV and phone service bundles. Wells Fargo analyst Marci Ryvicker said that Dish Network and Sprint could still team up -- and that would be the preferred outcome for the satellite provider.

Investors also cautioned that the DirecTV deal was not a fait accompli. It could face regulatory hurdles and is dependent on the National Football League continuing to let DirecTV air all Sunday football games.

$T $DTV prediction: Charlie Ergan will do something to stop, screw up and/or delay this deal $DISH ? stoutopinion (@stoutopinion) May. 19 at 08:36 AM

At the time of publication the author held no positions in any of the stocks mentioned.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,788.61 +69.61 0.39%
S&P 500 2,061.96 +9.21 0.45%
NASDAQ 4,715.2680 +13.4010 0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs