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DISH (DISH) Bounces as 'Reserved' Spectrum Purchase Does Not Limit Takeover by AT&T (T) or Verizon (VZ) - Wells Fargo

April 19, 2017 1:42 PM EDT

After selling off earlier in the week on worries that its purchase of "reserved'' spectrum makes it less of an acquisition target, DISH Network (NASDAQ: DISH) is higher today as analysts sought to sooth M&A players' nerves.

Wells Fargo analyst Marci Ryvicker notes that last week they learned that of the 486 licenses DISH acquired, 307 were part of this ''reserved'' swath - which precluded three carriers from... More