Ergen Completes Dish Merger with EchoStar for 5G Moonshot

Satellite television pioneer Charlie Ergen has reunited his empire, having on December 31 completed the merger of Dish Network Corp. and EchoStar Corp. Ergen co-founded both companies and served as chairman of each prior to the merger. He now becomes executive chairman of the combined operation. Former EchoStar chief Hamid Akhavan was named president and CEO of the two companies in November and continues as operational head. Ergen feels his satellite infrastructure is well-situated for 5G. He plans to move the unified firm away from pay TV and into wireless services, competing with Verizon, T-Mobile and AT&T. Continue reading Ergen Completes Dish Merger with EchoStar for 5G Moonshot

Google to Acquire Part of HTC Mobile Division for $1.1 Billion

Google will spend $1.1 billion to purchase part of HTC’s smartphone operations. The Internet giant plans to use HTC’s engineering and design teams to help ramp up its nascent hardware efforts to complement its expanding portfolio of software products and grow its revenue beyond Android and search ads. The deal, which is expected to bring about 2,000 HTC employees to Google, also includes a non-exclusive licensing agreement for HTC intellectual property. While HTC has shown growth potential in VR with its Vive headset, its mobile business has been struggling. Continue reading Google to Acquire Part of HTC Mobile Division for $1.1 Billion