Dish Network Shares Surge After Report of Talks to Sell Wireless Plans Through Amazon
Shares of Dish Network Corp rose over 10% on Thursday, after a report that the U.S. satellite TV service provider was in talks to sell its wireless plans through Amazon.com Inc.
The potential tie-up would open up a large sales channel for Dish Network, which has been investing to grow its wireless business.
Details of the new phone plans sold through Amazon’s U.S. website could be announced as soon as June, the Wall Street Journal reported, citing people familiar with the matter.
Read the source article at finance.yahoo.com