Charlie Ergen Back at the Helm of Dish
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Dish Network Corp. founder and Chairman Charlie Ergen will retake the reins at the satellite company after accumulating $50 billion in wireless airwaves in preparation for a mobile-based challenge to the pay-TV industry.
Mr. Ergen, 61, will take over from Chief Executive Officer Joseph Clayton at the end of March, Dish said Monday. Mr. Clayton, 65, will retire after leading the Englewood, Colo.-based company for almost four years.
Investors will focus on how Mr. Ergen plans to revive growth at Dish, which lost 79,000 pay-TV subscribers in 2014. The executive, who co-founded Dish more than 30 years ago, contacted Deutsche Telekom AG last year, expressing an interest in buying its T-Mobile US Inc. unit after a deal to merge T-Mobile with Sprint Corp. fell apart, people with knowledge of the matter said at the time.
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