Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Fitch: DISH Play for Clearwire Could Cause Sprint Some Static

The evolution of DISH Network Corporation's (DISH) wireless strategy took a step forward Tuesday, as evidenced by the company's proposal to enter into a multifaceted, complicated series of agreements with Clearwire Corporation. In accordance with the terms of DISH's proposal, DISH would acquire, among other things, approximately 24% of Clearwire's wireless spectrum for $2.2 billion. Fitch Ratings believes the proposed transaction is a positive development for DISH, but could also pressure its current ratings.

If the bid for Clearwire is successful, DISH would secure a potential partner to build and deploy a wireless network. DISH had previously signaled its preference to participate in a network infrastructure-sharing arrangement to enter into the wireless market as opposed to deploying a greenfield wireless network. However, recent consolidation, investments, and spectrum acquisitions within the wireless sector have reduced the number of potential entities DISH can partner with to deploy its wireless network creating an urgency to establish a partnership with Clearwire. DISH's proposal leverages Clearwire's expertise and existing assets to construct, operate, and manage a wireless network utilizing DISH's AWS-4 spectrum and the 2.5 GHz spectrum acquired through the proposed transaction.

The wireless spectrum enables DISH to diversify its business and add mobility to its fixed video service model while positioning the company to capture incremental revenue and cash flow growth. DISH believes the competitive forces within the mature video-programming distribution market may diminish the value of the company's existing direct-broadcast satellite infrastructure. Most notable among these competitive forces are the emergence of cloud-based services and the migration to Internet protocol-based video content delivery.

A proposed alliance with DISH and Clearwire would clearly be a negative for Sprint, absent any considerations on whether or not the DISH offer is valid. A successful alliance would mean Sprint would no longer have sole control of strategic direction of Clearwire assets, and competing interests for how Clearwire's network is deployed would ensue. DISH proposes to acquire at least 25% of Clearwire's outstanding common stock, which along with the governance provisions outlined in DISH's proposal, sets the foundation for DISH to influence Clearwire's strategic direction. The DISH Clearwire alliance would also impact the long-term strategic plans of Sprint/Softbank to differentiate its broadband offering by virtue of the "fattest wireless pipe" potentially in the industry to provide the bandwidth required for Sprint's unlimited plans.

DISH's purchase of approximately one-quarter of Clearwire's total spectrum position, likely representing a significant portion of Clearwire's more valuable wholly owned BRS spectrum, would also be negative for Sprint, as they would lose control of a valuable long-term asset. About 60% of Clearwire's spectrum is leased while 40% is owned.

A DISH/Clearwire alliance would also enable a new competitor access to deep spectrum resources that would be considered a negative longer-term for Sprint revenue, cash flow, and profitability. Considering Sprint's position as the third largest operator, this would weigh materially more on Sprint versus Verizon or AT&T.

We believe the incremental capital and operating costs related to DISH's potential wireless network build out will diminish the company's ability to generate free cash flow and erode operating margins, potentially resulting in a weaker credit profile. We believe business risk inherent in launching a wireless business limits the flexibility DISH has to increase leverage at the current rating level to accommodate the incremental capital costs and EBITDA erosion associated with the build out of a wireless network.

Additional information is available on www.fitchratings.com.

The above article originally appeared as a post on the Fitch Wire credit market commentary page. The original article, which may include hyperlinks to companies and current ratings, can be accessed at www.fitchratings.com. All opinions expressed are those of Fitch Ratings.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed way, gaining only sub optimal benefi...
The Eclipse IoT community is growing community of open source projects focused on providing the building blocks for the IoT industry. The goal of the community is to provide open source implementations of important IoT standards, frameworks that implement key services for IoT applicati...
In his session at 15th Cloud Expo, Mark Hinkle, Senior Director, Open Source Solutions at Citrix Systems Inc., will provide overview of the open source software that can be used to deploy and manage a cloud computing environment. He will include information on storage, networking(e.g.,...
StackIQ offers a comprehensive software suite that automates the deployment, provisioning, and management of Big Infrastructure. With StackIQ’s software, you can spin up fully configured big data clusters, quickly and consistently — from bare-metal up to the applications layer — and ma...
In a very real way, everything they do at iXsystems helps the cause of open source. From the engineers who write code they contribute back to FreeBSD, to the testers who give feedback on open source drivers back to vendors, to the marketers who travel around the world to promote FreeBS...
More and more Web sites and applications are being moved from Apache to nginx. While Apache is still the number one HTTP server with more than 60% on active Web sites, nginx has now taken over the 2nd place in the ranking and relegated Microsoft’s IIS to 3rd place. Among the top 10.000...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE