Makan Delrahim USA Department Makan Delrahim USA

Dish Network Closes Deal for Boost Mobile as It Pivots to 5G

Reading now: 739
hollywoodreporter.com

Satellite TV company Dish Network says it has closed on its acquisition of the prepaid service Boost Mobile from T-Mobile, effectively making the pay-TV company the country’s fourth major mobile provider alongside Verizon, AT&T and T-Mobile.

The divestiture was required by the U.S. Department of Justice as a prerequisite for T-Mobile and Sprint’s $26 billion merger.

In a statement Wednesday, U.S. assistant attorney general Makan Delrahim congratulated the companies on completing the divestiture. “This deal is a significant milestone in realizing the Department of Justice’s remedy, which is designed to strengthen competition for high-quality 5G networks and benefit American consumers nationwide,” Delrahim said.

Read more on hollywoodreporter.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA