Advanced Television

Echostar shares up on AT&T speculation

October 18, 2007

EchoStar Communications Corp shares rose 4 per cent on speculation that US telco giant AT&T could buy the satellite television provider within a year. Echostar’s television service would complement AT&T’s efforts to expand a high-speed fibre network it is building to sell TV services to better compete with cable and telecommunications rivals.

Categories: Articles, Business, Results