Here Comes Charlie.(Charlie Ergen works on DirecTV Inc. and EchoStar Communications Corp. merger)(Brief Article)

Multichannel News, November, 2001 by Paskowski, Marianne

After 18 months of trying to hammer out a deal with General Motors Corp. -- the owner of Hughes Electronics Corp. and DirecTV Inc. -- News Corp. lost. Charlie Ergen, the entrepreneurial head of EchoStar Communications Corp., claimed victory -- even though he came late to the party, in August.

That outcome left a lot of people shaking their heads and wondering when the second shoe would drop. Many predicted Ergen would face a fierce battle to clear regulatory hurdles, given that a combined DirecTV-EchoStar would create a massive direct-broadcast satellite entity with more than 16.7 million subscribers.

The Federal Communications Commission responded quickly. Last week, it named a team to review the proposed $25.8-billion merger. Chairman Michael...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement