Why DISH Network (DISH) Stock Is Down Today

NEW YORK (TheStreet) -- Shares of DISH Network Corp. (DISH) are down -2.02% to $58.74 as the communications company is pressured in an industry that continues to make deals but not them.

AT&T's (T) $49 billion deal for DirecTV (DTV) to create a major pay-TV and wireless phone company is just the latest.

That deal kills two attractive options for Dish: an acquisition by AT&T and a merger with DirecTV, the Wall Street Journal reports.

Must Read: Warren Buffett's 25 Favorite Growth Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Many people on Wall Street thought a better deal for AT&T would have been to buy Dish, which has amassed valuable wireless airwaves, something carriers need to meet the growing demand from phones and tablets for streaming video and other data, the Journal noted.

Now, Dish's options have been severely trimmed. The government requires the company to begin putting its spectrum to use within the next few years, and Dish lacks a network or a partner with which to do that efficiently, the Journal said.

DISH Chart

DISH data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists