(Reuters) - Dish Network Corp Chairman Charlie Ergen said the satellite TV company would not make a move for competitor DirecTV because the price would be too high, even though a combination of the two companies would have high synergies.
"DirecTV would be too frothy for us, for our board to look at, at those kind of prices," Ergen said on a conference call on Thursday after the company reported first quarter results.
Ergen was referring to media reports saying AT&T Inc
He also said Dish was not in a position to outbid Sprint Corp
(This version corrects headline and first line in story to say Ergen is chairman, not CEO of Dish Network)
(Reporting By Liana B. Baker; Editing by David Gregorio)