Verizon Not Interested


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When Verizon’s CFO Fran Shammo was asked whether the company was interested in buying Dish Network, he had only had a one word answer, “No.” The Wall Street Journal reported that Shammo said they have no interest to sell the Huffington Post or buy Dish Network at a Wall Street Journal conference Monday. “Mr. Shammo also said the company has no interest in acquiring Dish Network Corp. Dish is currently in talks to merge with T-Mobile US Inc., according to people familiar with the matter. Some observers have speculated Verizon might swoop in and try to buy Dish to get hold of the satellite broadcaster’s huge stores of wireless spectrum. But Mr. Shammo said if Verizon wanted more spectrum, it could have bought it at a recent government auction,” The Wall Street Journal explained.

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