DISH Network Corp. (DISH) Chairman Ergen: Unplugged

Page 1 of 2

DISH Network Corp. (NASDAQ:DISH) has been making news on several fronts, not only as a disruptor of the status quo in the worlds of pay TV and mobile communications, but also, as a Bloomberg headline once called DISH, “The Meanest Company in America.”

As the Bloomberg article points out, much of the company’s cantankerous quality can be traced to its tenaciously combative founder, chairman, and former CEO, Charlie Ergen.

DISH Network Corp (NASDAQ:DISH)On being the “meanest” and the “worst”
Not surprisingly, Ergen doesn’t agree with that characterization of his company, calling it a depthless charge during an interview he gave onstage at AllThingsD‘s “D: Dive Into Media” conference.

He also took exception to glassdoor.com‘s poll finding DISH “America’s Worst Company to Work For.” It may not be an easy place to work, he said, but making it at DISH is about taking personal responsibility.

“There are only two kinds of employees that I’ve run across in 30 years,” he said. “There are ones that get results, and ones that make excuses. If you’re in that second camp, you’re not going to like DISH”

He continued: “I care about our employees more than anybody in my company. I care about my kids, too, but that doesn’t mean I give them everything that they want.”

On going wireless
DISH has been buying up wireless spectrum over the past several years — but why? Isn’t it a satellite-TV company?

Yes, “first and foremost, we are a video company,” Ergen told the audience at D: Dive Into Media. But realizing that his company’s network could also deliver voice and data along with video gives the company more diversity.

“We want to compete against both the cable guys and the wireless guys, and we want to do it inside the house and outside the house, and that’s why we think we need wireless spectrum,” Ergen said.

But he also said that taking as long as it did to get its wireless communications license from the Federal Communications Commission — which it received only on a limited basis last December — makes it unlikely DISH could build its own wireless network. “That probably is outside of the grasp of reality,” he said. “It’s better to probably work with someone who is in the business.”

Which is the reason for DISH’s counteroffer to Sprint Nextel Corporation (NYSE:S)‘s bid for control of Clearwire Corporation (NASDAQ:CLWR)‘s network infrastructure and spectrum. Ergen said DISH’s bid for Clearwire was the real thing, but, he admitted, “[T]he deck is stacked against us.”

If his company could not make a deal with Clearwire or any other network provider, “We would admit we failed and try a new approach,” he said. “We would hang a ‘For Sale’ sign on the spectrum.”

Page 1 of 2