Dish and Ntelos forge broadband pact
Satellite TV provider Dish Network and regional cellphone company Ntelos said Friday that they have agreed to develop a fixed-mobile broadband service within Ntelos' coverage area.
Financial terms were not disclosed.
The area in question covers customers in Virginia, West Virginia and parts of Maryland, North Carolina, Pennsylvania, Ohio and Kentucky. The service is expected to give Ntelos and Dish customers, many of whom are located in underserved rural communities, home and mobile access to reliable high-speed Internet, the companies said.
Dish said the partnership will combine its technical service infrastructure with Ntelos' mobile capabilities to develop broadband services.
“We are pleased to team with nTelos on this exciting opportunity to leverage their mobile capabilities along with our technical service infrastructure to develop broadband services,” said Charlie Ergen, chairman and co-founder of Dish. “With users consuming more data, the demand for fast, reliable Internet service remains stronger than ever, particularly in rural areas where the FCC estimates nearly a fifth of American households lack broadband access. By working with Ntelos, we believe we can create a service that simultaneously addresses the mobile and in-home requirements of rural residents, with the potential to serve as a model for how we can utilize spectrum more effectively while creating differentiated consumer offerings.”
In morning trading, shares of Englewood, Colo.-based Dish Network Corp. fell 26 cents to $39.13, while shares of Waynesboro., Va.-based Ntelos Holding Corp. rose 30 cents, or 1.9 percent, to $15.76.