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What Amazon Can Get From Dish Depends on How Much It's Willing to Gamble

Over the years, Dish Network Corp. (DISH) CEO Charlie Ergen has spent billions stockpiling a giant horde of wireless spectrum in spite of having no network to use it on, wagering that someone will value it enough to strike a favorable deal with Dish, if not buy the satellite TV provider outright.

Jeff Bezos, no stranger to making big, expensive bets himself, is reportedly open to an alliance that could allow Ergen to finally receive some kind of payoff for his massive gamble. But just what kind of payoff depends on whether Amazon.com Inc. (AMZN) is ready to spend the billions needed to start offering soup-to-nuts mobile services plans to U.S. Prime subscribers. Or if, as...


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