T-Mobile US: Oppenheimer sees DISH trying to acquire TMUS for $40/share
Oppenheimer notes that, with the breakdown of the Sprint (S)/TMUS merger, they see DISH trying to acquire TMUS for $40/share and believe there is a 20% probability that this is announced before the September 10th FCC-mandated quiet period. They don't think DISH can successfully partner with S or TMUS, which means its primary options are to acquire TMUS or sell spectrum. They believe there is some urgency for DISH as they suspect that CMCSA, AMX, and others remain interested in the company.