I disagree with your opening: "the company’s attempt to pivot from mediocre satellite TV provider to modern streaming TV and 5G wireless giant..."
DISH built a great satellite TV service and great home electronics like the Hopper/Joey DVR. It did so despite the powers against it including CATV, CNET, and Tivo. Ergen overcame a lot of barriers and forces. I thought they were doomed when one of their early satellite exploded and sold my stock (big mistake).
That said, the entrenched forces of cellular are probably much bigger and now DISH has more to lose. Not to mention pivots are hard. So, I do agree with most of this post, but give the guy and company some credit where it's due.
It is likely the past success that convinced him to take on cellular. We do need DISH to be successful, but that's not going to be enough.
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Great Satellite
I disagree with your opening: "the company’s attempt to pivot from mediocre satellite TV provider to modern streaming TV and 5G wireless giant..." DISH built a great satellite TV service and great home electronics like the Hopper/Joey DVR. It did so despite the powers against it including CATV, CNET, and Tivo. Ergen overcame a lot of barriers and forces. I thought they were doomed when one of their early satellite exploded and sold my stock (big mistake). That said, the entrenched forces of cellular are probably much bigger and now DISH has more to lose. Not to mention pivots are hard. So, I do agree with most of this post, but give the guy and company some credit where it's due. It is likely the past success that convinced him to take on cellular. We do need DISH to be successful, but that's not going to be enough.