Charles Ergen: DISH Didn’t See LightSquared As Attractive Investment

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Charles Ergen: DISH Didn’t See LightSquared As Attractive Investment
By Dish_Network.svg: DISH Network LLCderivative work: Fry1989 eh? 21:45, 2 February 2012 (UTC) (This file was derived from Dish Network.svg:) [Public domain], via Wikimedia Commons

DISH Network Corp (NASDAQ:DISH) did not perceive the wireless spectrum assets of LightSquared as an attractive acquisition by the end of 2011, said Charles Ergen, chairman of the satellite television service provider, during a hearing at the U.S. Bancruptcy Court in Manhattan today.

Ergen testified at Bancruptcy Court

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In his testimony, Ergen also said that despite the perception of DISH Network Corp (NASDAQ:DISH), he personally remained interested investing in Li