US TV
DirecTV wants EchoStar, but 'not feasible'
Published Thursday, Mar 30 2006, 05:25 BST | By James Welsh
US satellite provider DirecTV admitted on Wednesday that it would still like to acquire rival provider Dish Network, but acknowledged that regulatory hurdles would likely make such a move impossible.
Calling such a merger "desirable but not feasible," DirecTV's chief financial officer Mike Palkovic told Reuters that "the regulatory issues haven't gone away."
A DirecTV-Dish tie-up was attempted in 2002 but fell apart due to opposition from America's Federal Communications Commission on competition grounds.
Calling such a merger "desirable but not feasible," DirecTV's chief financial officer Mike Palkovic told Reuters that "the regulatory issues haven't gone away."
A DirecTV-Dish tie-up was attempted in 2002 but fell apart due to opposition from America's Federal Communications Commission on competition grounds.
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