Latest in Gear

Image credit: ASSOCIATED PRESS

Bloomberg: Dish is close to a $6 billion deal with Sprint and T-Mobile

By buying Boost Mobile, it could help their merger happen.
121 Shares
Share
Tweet
Share
Save

Sponsored Links

ASSOCIATED PRESS

Over the last couple of weeks, we've heard that getting DoJ approval for T-Mobile's proposed $26 billion purchase of Sprint will require making moves to create a new national wireless carrier as a competitor. That could be achieved by selling off Boost Mobile and enough spectrum to make a service viable, however they needed to find a buyer. Now Bloomberg reports that Dish Network is in talks and could announce this week that it will be the company to do it, rather than possibles like Altice and Charter (Amazon wasn't mentioned).

The price? Apparently about $6 billion. The pair promised the FCC they would sell Boost Mobile, and if talks don't fall through, then their hope is that this would help get approval and overcome a lawsuit filed by several state AGs. For its part, Dish has long harbored wireless ambitions, and acted to make them come true. It was even proposed as a buyer for divested T-Mobile assets during merger talks with AT&T back in 2011. We'll see if it happens this time or if things fall apart on the 1-yard line all over again.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
121 Shares
Share
Tweet
Share
Save

Popular on Engadget

Engadget's 2019 Back-to-School Guide

Engadget's 2019 Back-to-School Guide

View
NASA confirms mission to Jupiter's moon Europa

NASA confirms mission to Jupiter's moon Europa

View
Ford will reportedly make two more electric SUVs by 2023

Ford will reportedly make two more electric SUVs by 2023

View
The dream of flying taxis may not be too far off

The dream of flying taxis may not be too far off

View
Watch Dan Aykroyd hype up the 'Ghostbusters' remaster for Switch

Watch Dan Aykroyd hype up the 'Ghostbusters' remaster for Switch

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr