Dish desperate to raise money to meet 5G deadline: source

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Dish desperate to raise money to meet 5G deadline: source
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While Dish’s billionaire boss Charlie Ergen had previously explored a number of partnership options, none of those appear to be moving forward.

– and continues to battle speculation from insiders that it could face bankruptcy, On The Money has learned.

One source who spoke on the condition of anonymity told On The Money that Dish’s billionaire boss Charlie Ergen is desperate to sell some of the company’s assets. While Ergen had previously explored a number of partnership options, none of those appear to be moving forward. The merger Dish explored with fellow satellite provider DirecTV has stalled, sources add. Likewise, customers continue to cut the cord and ditch satellite service and talks with Amazon about providing Prime customers with spectrum appear to be going nowhere, sources said.

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