Dish to Close Boost Purchase From T-Mobile After Months of Talks
June 18, 2020
Dish Network is set to acquire the Boost wireless business from T-Mobile US after the companies spent months hammering out the specifics of a deal reached in 2019. T-Mobile was required to offload Boost, a pay-as-you-go wireless service, as part of its acquisition of Sprint -- a deal that turned it into the No. 2 carrier in the US, based on monthly subscribers. Dish is expected to pay about $1.4 billion for Boost. The acquisition, which includes seven years of access to T-Mobile’s network, was coordinated by Justice Department Antitrust Chief Makan Delrahim in order to help create a fourth national wireless carrier and foster more competition.
Dish to Close Boost Purchase From T-Mobile After Months of Talks