Yet another major telecom merger deal could be in the works, according to the Wall Street Journal.

Dish Network Corp DISH 1.7% and T-Mobile US Inc TMUS 2.29% have reportedly been in talks to join forces. The deal would combine the second-largest U.S. TV operator and the fourth-largest wireless carrier.

Shares of Dish were up more than 3 percent in the pre-market session, while T-Mobile was up more than 7 percent.

The Details

Very few details about the potential deal are known at this time, including any information on purchase price or deal structure. WSJ is reporting, however, that Dish CEO Charlie Ergen would potentially serve as the combined company’s chairman.

Representatives at Dish, T-Mobile and Deutsche Telekom, owner of about 66 percent of T-Mobile, declined to comment on the merger.

Hungry For Spectrum

T-Mobile’s lack of low-band spectrum has reportedly…

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