The Ratings Game: ‘A bad deal is worse than no deal at all,’ analyst says of Dish’s reported interest in Sprint assets

Dish Network Corp. shares are rising in Monday trading after the company was reported to be the leading bidder for the assets that Sprint Corp. and T-Mobile US Inc. would likely have to sell to win regulatory approval for their pending merger, but one analyst isn’t sure such purchases make sense for Dish.

In fact, MoffettNathanson analyst Craig Moffett’s concerns go deeper when it comes to Dish’s DISH, +3.86% supposed interest in Sprint’s Boost Mobile prepaid business as well as some spectrum: “We’re not sure why that deal is sensible for anyone involved.”

In Moffett’s view, satellite-TV operator Dish has “more spectrum than it knows what to do with” but is short on both money and ground facilities.

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