DISH Network Corp.
) recently selected the world's leading mobile chipset maker
) for the development of chipsets for its wireless handsets,
supporting both terrestrial and satellite frequencies in the
Qualcomm's popular Snapdragon S4 MSM8960 3G/LTE dual-core
processors have been selected for this purpose as they support both
terrestrial and satellite network in mobile devices. This
technology is known as EAGL (Enhanced Geostationary Air Link) and
is also used by LightSquared. The convergence of both terrestrial
and satellite networks in a single device will not only improve the
coverage area but also facilitate faster upload and download
Currently, DISH Network holds 40MHz of satellite spectrum, which
it plans to utilize for setting up a terrestrial wireless network.
The company is now awaiting the final decision of the Federal
Communications Commission (FCC) regarding the spectrum usage.
These days, most cable and telecom companies offer triple play
services (voice, video and Internet) to their subscribers. The
growing popularity of tablets and smartphones coupled with the
increased roll out of 3G/4G networks are pushing this trend because
they enable customers to easily watch their favorite TV shows and
movies on these new electronic devices.
Better late than never. DISH Network is now expected to be able
to enter the wireless market with its own terrestrial wireless
network service, which could also help it pick up some market
Currently, DISH Network has a Zacks #3 Rank, implying a
short-term Hold rating on the stock.
DISH NETWORK CP (DISH): Free Stock Analysis
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