AT&T still interested in EchoStar?

EchoStar's stock price has dropped 24% in the last month, and that has re-ignited reports AT&T may bid to acquire the satellite TV firm before the end of this year. Barron's reported EchoStar's stock price in the past has been a hurdle to AT&T's offer, but the recent price drop now has AT&T officials scrambling to put together its bid. Of course, the latest reports undoubtedly will fuel a rise in EchoStar's stock.

Meanwhile, AT&T has acquired pay-per-call company Ingenio.

For more:
- here's the Barron's story (Sub. req.)
- read a free story at MarketWatch
-
see this MarketWatch brief on the Ingenio buy

Related articles:
- AT&T/EchoStar speculation was hot two months ago

Suggested Articles

While various economies in general, and SMBs in particular, saw steep declines due to Covid-19, web scale operators set several records in Q2.

A takeover attempt by Rogers Communications and Altice USA to acquire Cogeco has gone to the trenches with dueling letters this week.

Frontier Communications received a judge's stamp of approval for its bankruptcy exit financing on Wednesday.