That's why you are missing the bigger picture. But to answer your question, since the early '80's. He sold his product (with his current wife mind you) out of the back of his car. He's worth $9 Billion now. And unlike like your boy Trump... he started with less than $100K of his own money. Daddy was cheap too apparently. Go figure.
Dish Network.... $DISH
- Thread starter vanzandt
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As always, you have a valid point.
But.... my recommendation is based on the man, not the company as it appears at the moment.
Yeah, 4G is already far and above what retail satellite internet offers. The problem of access remains... are the towers or antennas any better to go along w/the throughput? I may still want broadband in international waters or while flying across the country.
The dude could have the toughest iron will, but if his thinking is ossified you're betting on another fossil.
This is very true.
We shall see.
And yeah, those 5G antenna's.... very low power. I have a post on that regarding highways. Let me look....
Looks like Crown Castle is up 40% since that post.
Not a bad one year return if I do say so myself.
DISH Selects Mavenir to Deliver Cloud-Native OpenRAN Software for Nation's First Virtual 5G Wireless Broadband Network
As DISH Network continues its buildout of the nation's first software-defined 5G wireless broadband network, the company has entered into a multi-year agreement with leading network software provider Mavenir to deliver cloud-native OpenRAN software.
"The open and intelligent architecture of our greenfield network will give us the ability to source a diverse technology ecosystem, including U.S.-based solution providers," said Marc Rouanne, DISH's Chief Network Officer. "Mavenir will help us lay the foundation for an innovative software-defined network with the flexibility, intelligence and scalability to deliver applications that will redefine the U.S. wireless industry."
$DISH.
Charlie Ergen is bad ass... most here have probably never heard of him. He's up there with Job's in the brilliance department... and he's got a lot of time left.
Had I seen DISH at $18.... omg.
Lets hope it pulls back.
Its not about TV btw.... its about spectrum. That's a small "s" on spectrum, not the big "S" one, although they might be interested.
I could go on and and on, but I don't feel like it at the moment. You're just gonna have to trust me on this one. See Charlie, he's cheap as F... grew up in TN. Oak Ridge. And that's because his old man was a nuclear physicist. I think there was a little project there back in the day... A Swede too... or Austria... one of those places. But Charlie came up country... his dad must have been incredibly smart. Charlie's pure TN.
Anyway..... one of the best pieces of stock picking advice I ever got (decades ago)... was "always bet on the man, not the company". It is true. Seen it play out lots of times.
Charlies the man. He owns tons of satellites and tons of spectrum. He knew TV was dying, made several deals, and he's still here. Don't sell this man short. He's a friggin genius. Now's his time.
People will be begging for that spectrum and those sats.
It all looks bad for $DISH but I like what they own. DISH is a deal at $22 for the retirement accounts. It may go lower but make no mistake, this is not about pumping TV into your house via an unsightly whatever drilled into your $40K shingle job by a guy earning minimum wage and battling it out with Disney over ESPN crap... its about the spectrum and all those transponders, and Charlie owns it all.
Working from home is the brave new world... and Corona or not... its here to stay. Global warming and all that stuff... Corona just proved, or is proving, we no longer need all these cars because tech has made working at home feasible in a big way.
Buy $DISH on any pullbacks. They own pipes. Gold pipes. Its a double. It may take a bit... but it will double and it is safe. Bet on the man, not the company.
It did in fact double.
And just like I said, Charlie had something in the works.
It's all about that spectrum.
This went down in April, I just stumbled on it while digging into another stock... but guess who he made a deal with....
It gets better though.... they are now working with the Administration to get broadband to 40% of our rural population by 2025 and 100% by 2027.
It's that low frequency spectrum Ergen owns, it's not the actual 5G, but it connects all the components. Via land and sat.
Hellooo Amazon.
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DISH and AWS Form Strategic Collaboration to Reinvent 5G Connectivity and Innovation
In a telecom industry first, DISH will leverage AWS infrastructure and services to build a cloud-based, 5G Open Radio Access Network (O-RAN) that delivers consistent, cost-effective performance from core to the edge
DISH announces Las Vegas will be first live city in nationwide network deployment
DISH will use AWS Outposts and AWS Local Zones to build its network in the cloud, enabling customers to apply the breadth and depth of AWS capabilities to innovate low-latency 5G applications and services for a wide range of industries
Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that DISH Network Corporation (DISH) (NASDAQ: DISH) selected AWS as its preferred cloud provider and will construct its 5G network on AWS, part of a strategic collaboration agreement under which both companies will work to transform how organizations and customers, including AWS and Amazon, order and consume 5G services or create their own private 5G networks.
DISH is deploying the first standalone, cloud-based 5G Open Radio Access Network (O-RAN) in the United States, beginning with Las Vegas later this year. DISH will connect all of its hardware and network management resources through the world’s leading cloud to enable secure, rapid scaling and innovation as well as on-demand responsiveness to customers’ wireless needs. Given this marks the first time that a 5G network will be run in the cloud, DISH will achieve agile and cost-effective operations while seeking to redefine the practical applications of 5G. As DISH deploys its network, the company is partnering exclusively with vendors offering cloud-native technology, bringing them together on AWS to provide DISH customers greater flexibility and control of their 5G-enabled solutions.
DISH will leverage AWS’s proven infrastructure and breadth of services to deploy a cloud-native 5G network that incorporates O-RAN –the antennas and base stations that link phones and other wireless devices to the network –and the 5G Core –the logical architecture that directs traffic flow within the network. AWS will also power DISH’s fully automated Operation and Business Support Systems (OSS and BSS) that will enable the company to provision and operate its customers’ 5G workloads and monetize its network.