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ARTICLE · 13 JUNE 2013

Milbank Space Business Review - April 2013

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A round-up of the most recent space industry developments.

United StatesStrategy
Milbank Space Business Practice
Milbank Space Business Practice
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A monthly round-up of space industry developments for the information of our clients and friends.

DISH Bids $25.5b for Sprint

On April 15, DISH Network Corporation (DISH) made an unsolicited offer to acquire Sprint Nextel Corporation (Sprint), the third largest mobile phone and data services provider in the United States, for a purchase price of $25.5b. DISH's offer is 13% higher than another bid for Sprint from Japan's SoftBank Corp. Analysts speculate that DISH's offer may be motivated by the perceived benefits of amassing and combining spectrum holdings, given the pace at which U.S. regulators are making new spectrum available for use by network operators through spectrum auctions authorized by the U.S. Congress more than one year ago. The combination of DISH's spectrum holdings with those of Sprint and Sprint subsidiary Clearwire Corporation would enable a variety of video, data and voice transmission services with broad coverage. Other analysts have

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