Deutsche Bank Comments on Dish Network (DISH) After Termination Notice From AT&T
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Deutsche Bank commented on Dish Network Corp. (Nasdaq: DISH) following a disclosure from the company after the close that it received a notice of termination from AT&T (NYSE: T) under the Commercial Agreement, which will terminate on December 31, 2008.
Deutsche Bank said the disclosure was required and they believe that AT&T continues to negotiate with DISH and DirecTV (NYSE: DTV) for a new commercial marketing arrangement for 2009 and beyond.
The firm said, "As with AT&T's recent put of its convertible note with DISH, this is a normal and expected part of AT&T’s negotiation of a new DBS distribution deal. While some might presume to speculate that this somehow gives DirecTV some advantage in the negotiation or that this is some indication that AT&T is somehow less interested in DISH as a partner, these two moves have simply evened out the playing field among the two DBS prospects. What is interesting is that as much as these recent moves have hampered DISH’s shares, they have not helped the supposed beneficiary's, DirecTV’s shares."
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while quiting dish network
Frustrated customer on Sep 13, 2008 02:27 PMI strongly recommend to the customers do not buy dish network programs. They rip you when it comes to closing the service with them. Even after the contract period. They will ask you to send their equipments and also send the dish parts. Which means you have to climb on top of your house to take the antenna. Do you want this to happen to you? Also they will charge you for local programs ($5/month) which comes in better quality if you buy a $30 antenna and disconnect dish network.