Dish Network reportedly has offered to buy LightSquared spectrum, offering $2 billion for LightSquared's 60 MHz of spectrum.LightSquared apparently has until May 31, 2013 to accept the offer, which was made May 15, 2013, Bloomberg reports.
Dish already has received Federal Communications Commission permission to use former mobile satellite service spectrum to create a terrestrial Long Term Evolution network.
Dish had acquired that spectrum for $3 billion from bankrupt satellite companies DBSD North America Inc. and TerreStar Networks.
As with most initiatives undertaken by Charlie Ergen, Dish Network CEO, there typically are a number of ways to monetize an asset. Ergen always has believed spectrum has value, whether to support an on-going business venture or simply as an asset to be sold.
But most observers might agree that Dish Network is acting as though it has clear intentions of entering the mobile business, and is not simply "bluffing."
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