NEW YORK (TheStreet) -- Verizon Communications (VZ) - Get Reportdropped after reports emerged that Dish Network (DISH) - Get Report is in advanced talks to acquire T-Mobile U.S. (TMUS) - Get Report . Comcast (CMCSA) - Get Report edged lower after it reached a deal to acquire an advertising technology company Visible World.
Verizon fell 1.8% to close at $47.25.
The telecom carrier took a hit after reports emerged that rival T-Mobile U.S. is in advanced talks to be acquired by Dish Network.
Citigroup analyst Michael Rollins, according to a NEW YORK (TheStreet) --" target="_blank"> report in the Wall Street Journal, said Verizon stands the most to lose in such a merger. Rollins, in a report noted in the Journal, said, "A merger could quickly catapult Dish into the wireless arena and strengthen T-Mobile's distribution, product bundling capabilities, and network capacity."
Dish has a sizable treasure trove of specturm, or airwave, licenses. And although it hasn't put those airwaves to use for a wireless service, T-Mobile certainly can and it would allow it to jump over Verizon and AT&T T in terms of spectrum availability to the No. 2 spot.
Comcast slipped 0.45% to end the day at $58.69.
The cable company fell even though it agreed to buy Visible World, a tech-advertising firm. Visible World gleans data on users' zip codes from cable set-top boxes and other sources, then delivers targeted advertisements to certain audiences and households, according to a report in the Wall Street Journal.
Comcast is currently an investor in Visible World, according to a MarketWatchreport. Terms of the acquisition were not disclosed. The report also noted that should the buyout go through, Comcast would gain a larger position in the area of TV advertising that is driven by data information.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.