Dish buys TerreStar and DBSD, inches towards LTE future
DBSD North America and TerreStar Networks probably aren't the first two companies you think of when talking about cutting edge broadband, but they're integral to Dish Network's LTE plans. Both companies were in dire straights, with TerreStar declaring bankruptcy in 2010 and DBSD filing for Chapter 11 in 2009. But, Dish doesn't want them for their customer base or portfolio of services -- it wants their spectrum. The FCC approved the transfer of the spectrum last week, but did not grant the company a waiver to immediately start using its new radio real estate to start broadcasting LTE signals. Still, it was a good enough sign for the satellite company, which completed the purchase of the two properties. Now it just has to put those plans to expand into broadband and cellphone service into action.
