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Fly News Breaks for February 11, 2020
VZ, T, TMUS, S, DISH
Feb 11, 2020 | 08:55 EDT
Following the news that Judge Victor Marrero will approve T-Mobile's (TMUS) merger with Sprint (S), MoffettNathanson analyst Craig Moffett called the news "a clear positive" for Dish (DISH). While there has been an ongoing debate about whether Dish Network might be better off alone, Moffett argues that "they wouldn't be." On others in the space, Moffett contends that Verizon (VZ) "looks to us to be a net loser here" and for AT&T (T) "the deal is probably a net neutral." In summary, Moffett views the approval of the merger as "obviously great news for Sprint," as the alternatives "were horrible" and he also views it as good news for T-Mobile.
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