Amazon is still popular! Listed companies also need to make plans, and the stock price soared 19% overnight

As soon as the news came out, Dish Network's stock price soared, with the intraday increase reaching as high as 19%.

According to the person familiar with the matter, details of the collaboration could be announced as early as June, but there are still some potential factors that could delay or hinder the process.

It is worth noting that US federal regulators have set a June 14 deadline for Dish Network to achieve a certain level of network coverage, and if Dish fails to meet that goal, it may be subject to financial penalties.

Dish Network executives have previously expressed the hope that Apple's iPhone products can use its next-generation 5G network, hoping to leverage the iPhone's high market share to achieve the above goal.

In response to the news of the partnership with Amazon, a Dish Network spokesperson said the company "currently does not have any type of distribution plans or partnership with Amazon."

Weeks ago, Dish Network executives said they expected to meet the government's targets by a June deadline.

It is understood that Dish Network is a veteran company in the field of satellite TV in the United States. It has been continuously consolidating its foundation in related fields for more than ten years. So far, Dish Network and its subsidiaries have spent about $30 billion on mobile spectrum licenses.

In addition, the company's technicians have spent the past three years installing a nationwide network of cell towers and software from scratch, using the latest fifth-generation technology.

Industry insiders said that selling packages through Amazon would give Dish Network the opportunity to market its services to millions of potential customers, and the partnership could also help Amazon expand its market share in the weak smartphone market.

In fact, Amazon had discussed relevant cooperation with Dish Network many years ago . In 2014, Amazon launched its own smartphone Fire Phone, but it used AT&T's network, but later abandoned this phone due to weak sales.

Some analysts speculate that if Dish Network can really reach a cooperation with Amazon, it will pose a huge threat to other competitors such as AT&T, Verizon, T-Mobile and other operators , as they are now struggling to cope with the problem of slowing user growth in the post-epidemic era.

On the other hand, a partnership with Amazon would also give Dish Network Chairman Charlie Ergen a much-needed vote of confidence at a time when investor confidence in him is wavering.

That can be seen in Dish Network's stock price, which has fallen to a 23-year low this year as analysts question whether the satellite TV giant can repay billions of dollars in debt over the next three years.

Although partnering with Amazon won’t solve current problems overnight, there may be a chance to reverse Dish Network’s decline in the long run.

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