DISH Network Corp (NASDAQ: DISH) stock is trading higher amid reports of the company winning government backing in the company's bid to purchase airwaves from T-Mobile US Inc (NASDAQ: TMUS). EchoStar Corp (NASDAQ: SATS), which Dish wants to merge with, is trading higher on Tuesday too.
Also Read: T-Mobile Expands Network Horizons: Acquiring Comcast Airwaves in $3.3B FCC-Backed Deal
U.S. antitrust regulators have urged a judge to extend the deadline to purchase airwaves from T-Mobile US to alleviate the financial strain on Dish. This request comes as T-Mobile prefers auctioning the ...