Sling TV launches by invite tomorrow and will have a general launch in the next two weeks.
Dish Network has just launched their new television streaming service, Sling TV. For $20/month, users can stream countless different TV channels to their mobile devices.
80 total entities submitted applications to bid in the upcoming auction.
Dish is now looking to acquire T-Mobile.
After the debacle of the Aereo decision by the Supreme Court, this site noted that the decision would lead to a number of companies trying to use the “looks like a duck” test.
Over the last few years, deceptive business practices have become a rather common tactic by cable/internet companies looking to make a few more dollars off their consumers.
The focus now shifts to Clearwire, where Dish has a new set of headaches. Sprint’s deal with Softbank hinges, in part, on Sprint’s ability to acquire the remaining half of Clearwire it didn’t already own.
In a rather bold move, Sprint has sued Dish Network to stop the satellite TV provider from purchasing a controlling interest in Clearwire. Though the offer Dish put on the table was recommended by the Clearwire board to their shareholders, Sprint is claiming it violates shareholders’ rights under the Clearwire charter.
Clearwire is the winner in this scenario, as they’re in the best position to dictate terms. Just as it was before, the Dish offer is the best on the table. This time, they’ve gone ahead and accepted it, rather than take payment from Sprint.
Softbank has increased their offer for Sprint to $21.6 billion, up from just over $20 billion, and restructured it to give them a larger stake. The new offer is for $16.6 billion in cash, and $5 billion invested into the new company. Is more money to shareholders, and less invested into the new company, a good idea?