Update on Dish Cellular

I recently checked on the status of Dish, which is trying to become the fourth major cellular company in the country. Dish entered the cellular business in 2020 as a consequence of the merger of Sprint and T-Mobile. Dish was already under pressure at the time from the FCC to use its spectrum portfolio, and the FCC gave Dish until June 2023 to cover 70% of the U.S. population with cellular facilities. Dish got a jump on the business side of things by buying Boost Mobile for $1.1 billion. Dish has struggled, and only has about 7.5 million customers left from its acquisition of 9 million Boost Mobile customers in 2020. A lot of analysts are pessimistic about Dish’s future, and some of them expect the company to eventually go bankrupt. However, Dish has the resources to make it until the end of 2026. Its chances were increased by a recent merger with Echostar, where Dish now has a minority position. Echostar had $2 billion in cash reserves that will buy time for Dish. I think it's still a little early to bet against Dish.