Monday, January 09, 2006

AT&T, EchoStar Talks Bog Down

Via Red Herring.

Less than a week after its unannounced entry into the television business, AT&T, the carrier formerly known as SBC Communications, has reportedly cooled to the prospect of buying satellite TV operator EchoStar Communications.

Talks between AT&T, the entity created by the merger of SBC and AT&T, and EchoStar, which operates Dish Networks, bogged down on the twin issues of price and control according to BusinessWeek Online.

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