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DISH Network (NASDAQ: DISH) may build a LTE-based TV service or might be strengthening its position for a bid for T-Mobile (NASDAQ: TMUS), industry sources told dealReporter.

Shares of T-Mobile spiked sharply on the news, trading up 2.75 percent to $29.81, before settling back to trade up half a percent at $29.19.

Shares of DISH are nearly unchanged.

Posted-In: News Rumors

 

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