NEW YORK (

TheStreet

) --

Dish Network

(DISH) - Get Report

is surging on speculation that

AT&T

(T) - Get Report

could be eying the satellite TV giant.

This comes after AT&T's decision to attempt to buy T-Mobile fell through. The telecom behemoth originally said it wanted to buy T-Mobile to help it build a faster network quickly and cheaply.

An acquisition of Dish Network

could also serve this purpose.

Shares of Dish are jumping 8.3% to $27.22 in morning trading.

-- Reported by Jeanine Poggi in New York.

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