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A woman walks past a Sprint store in New York's financial district in this file photo taken October 15, 2012. Dish Network Corp, the No. 2 U.S. satellite television provider, offered to buy Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could thwart the proposed acquisition of Sprint by Japan's SoftBank Corp.
A woman walks past a Sprint store in New York's financial district in this file photo taken October 15, 2012. Dish Network Corp, the No. 2 U.S. satellite television provider, offered to buy Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could thwart the proposed acquisition of Sprint by Japan's SoftBank Corp.
(Brendan McDermid/Reuters)

Financial Times

Dish/Clearwire: wake up call

Lex is a premium daily commentary service from the Financial Times. It helps readers make better investment decisions by highlighting key emerging risks and opportunities.

It is possible to scrape out a living being a nuisance. Journalists do it. But it is harder to create real wealth this way. Charlie Ergen, founder and boss of Dish Network, is trying.