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Dish chairman Charlie Ergen is running out of time on his $20 billion bet

Dish Network CEO Charlie Ergen steps down Then comes phase two, a bigger 5G broadband buildout. The AWS-4 spectrum is just a portion of Dish's portfolio. Between 2014 and 2017, Ergen shelled out almost $18 billion on additional spectrum, through purchases and auctions. Each license carries its own buildout dates and requirements that extend until 2029. Industry observers have dismissed the first phase as a "save build," or a low-cost, low-functioning network that would meet the FCC's minimum requirements and allow the company to keep its spectrum so it could live to fight another day. Dish explains it differently. Tom Cullen, Ergen's second-in-command for wireless, told CNBC that the narrowband network fits within the FCC's parameters and will serve many types of devices while helping them conserve power. At a Wireless Infrastructure Association event in May, Ergen called spectrum "a means to the end" and said Dish is working towards a future of 300 billion things that will be connected to the internet. Privately, Ergen has talked about a network that would allow developers of web-connected devices — think appliances or transportation equipment with sensors — to rent space on demand, like the way WeWork provides office space or Amazon Web Services offers compute power, according to two people with knowledge of those conversations. While this may be a clever approach, it's not what Dish is supposed to be doing. "Recall that Dish's buildout obligation is for a broadband network, not a narrowband IoT one," wrote Moffett.

For the original version including any supplementary images or video, visit https://www.cnbc.com/2018/07/27/dish-chairman-charlie-ergen-wireless-spectrum-bet.html

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