Instant View: Dish Network bids $25.5 billion for Sprint Nextel

(Reuters) - Dish Network Corp on Monday offered to buy Sprint Nextel Corp for $25.5 billion in cash and stock, challenging Japan's SoftBank Corp for the No.3 U.S. wireless service provider. Sprint shares jumped about 13 percent before the U.S. market open on Monday. COMMENTARY NICK BROWN, TELECOM ANALYST, ESPIRITO SANTO INVESTMENT BANK "We believe Dish has been trying to get into mobile for a while. There have been noises that it was interested in Metro and T-Mobile as well. The offer represents roughly five times Sprint's 2013 EBITDA based on consensus numbers. ...



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