Verizon-DISH Merger Is 'Someone's Fantasy'

By Kimberly Koerth Comments
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**Editor's Note: Please click here for a recap of the biggest channel-impacting mergers in Q1 2014.**

Verizon CEO Lowell McAdam is denying rumors that his company is considering a merger with DISH Network, days after AT&T formally announced its plans to buy DISH rival DirecTV.

The speculation was good for DISH's stock price on Monday, but McAdam dumped cold water on the rumors at an investor conference. He said he's not interested in owning a satellite company; he'd rather focus on over-the-top programming.

"I know there are reports out there that we are talking to DISH. I can tell you now, that is someone's fantasy. There were not, and there are not, discussions going on with DISH," McAdam said, as quoted by Reuters.

If Verizon isn’t interested in DISH, perhaps DISH will pursue another communications company. CEO Charlie Ergen tried to buy DirecTV in 2001, but the deal was blocked by regulators. He also came up short in attempts last year to buy Clearwire and Sprint.

Two other major mergers are either pending or rumored. The first is Comcast-Time Warner Cable. America's two largest cable companies announced earlier this year their plans to merge, but they await regulatory approval. A tie-up between Sprint and T-Mobile, the third- and fourth-largest wireless operators, has been discussed, but we're still waiting to see if they can hammer out the details.

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