Dish Network surges after report of talks to sell wireless plans via Amazon

FILE PHOTO: A Dish Network receiver hangs on a house in Somerville

(Reuters) -Shares of Dish Network Corp rose over 10% on Thursday, after a report that the U.S. satellite TV service provider was in talks to sell its wireless plans through Inc.

The potential tie-up would open up a large sales channel for Dish Network, which has been investing to grow its wireless business.

Details of the new phone plans sold through Amazon’s U.S. website could be announced as soon as June, the Wall Street Journal reported, citing people familiar with the matter.

Dish Network is a customer of Amazon’s cloud-computing services. Amazon declined to comment, while Dish Network did not respond to a Reuters request for comment.

(Reporting by Yuvraj Malik in Bengaluru; Editing by Varun H K and Shweta Agarwal)