Dish Network Corp. Chairman Charles Ergen said that by late 2011 his company didn’t consider LightSquared Inc. an attractive acquisition, while he remained interested in investing personally, Bloomberg News reported yesterday. Ergen, testifying yesterday in bankruptcy court, is accused of secretly accumulating $1 billion in LightSquared debt so he could control the broadband services provider’s reorganization and use its wireless spectrum to help Dish expand into wireless. LightSquared, controlled by Philip Falcone’s Harbinger Capital Partners LLC, sued Ergen and Dish in August seeking to disallow the $1 billion claim. Ergen, who last week sought to drop his bid for some of the company’s airwaves, said yesterday that he saw LightSquared as an opportunity for himself, not Dish.
