Thursday, May 24, 2018
Ergen’s Planned $10B 5G Spend is Big News at Connect (X)
Charlie Ergen, chairman and co-founder of DISH discussed his company’s foray into the wireless business in Charlotte, NC at Connect (X). He told attendees, “There are incumbents who do a great job connecting to your phone but the future is going to be connecting to machines. How do you build that network?”
In an on-stage interview with former FCC Commissioner Robert McDowell, now a partner at law firm Cooley, Ergen said: “We know how to partner with people who know more than we do,” said Ergen. “We have signed some master lease agreements with tower companies,” mentioning a $500 million to $1 billion buildout in the initial phase.
Phase two will be a cost of “at least $10 billion,” Ergen said, to build a national wireless network – the first time that number has been made public, according to two WIA sources at the show. The initial phase consists of a national wireless network focused on narrowband Internet of Things (NB-IoT), with phase two expected to be a 5G network. Continue Reading