On Air Now

Current Show

Kim Komando Show   6:00 PM - 9:00 PM

Follow Kim on Twitter @kimkomando

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
70° Feels Like: 70°
Wind: WNW 8 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Scattered Thunderstorms 62°

Tomorrow

Scattered Thunderstorms 62°

Sun Night

Partly Cloudy 43°

Verizon Wireless looking to buy Dish Network's spectrum - NY Post

(Reuters) - Verizon Communications Inc unit Verizon Wireless is looking to buy satellite-TV operator Dish Network Corp's spectrum to improve wireless internet speeds, the New York Post reported, citing sources familiar with the matter.

Dish's shares were up 3.4 percent at $61.81 on the Nasdaq on Friday morning. Verizon Communications shares were little changed at $49.39.

The two companies have held informal, early talks about the spectrum, the report said.

In May, Verizon Communications Chief Executive Lowell McAdam shot down rumors that the company was in potential merger talks with Dish.

Federal Communications Commission Chairman Tom Wheeler has proposed restrictions on how much the biggest wireless carriers can bid for in a major auction of TV spectrum scheduled for mid-2015.

A possible merger between Sprint Corp and T-Mobile US Inc could prompt U.S. regulators to rewrite rules they are now considering for the auction.

(Reporting by Soham Chatterjee in Bangalore; Editing by Maju Samuel)

Comments