Dish and DirecTV are reportedly planning a merger that might jumpstart 5G services rollout in U.S.

  • 📰 PhoneArena
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

DirecTV and Dish Network are discussing a possible merger and some believe that a completed deal will help jumpstart the rollout of wireless 5G services in the U.S.

is reporting today that DirecTV and Dish Network are discussing a merger. But getting this deal past the regulatory agencies is going to be tough. Two years ago, the satellite-TV firms tried to combine but were shot down by the Justice Department and the FCC. The DOJ also warned executives of both companies that any merger between the pair should wait until faster 5G wireless speeds become available in rural markets.

Dish played an important role in T-Mobile's $26 billion acquisition of Sprint which turned over the latter's valuable hoard of 2.5GHz mid-band spectrum to the nation's second-largest carrier allowing it to take the early lead in U.S. 5G wireless service. The FCC and DOJ had previously shut down a Sprint-T-Mobile combination for fear that the reduction in the number of major carriers by 25% would lead to higher pricing.

While Dish Wireless started with the 9.3 million customers it was given as part of its deal with Sprint, after the third quarter of last year

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 322. in BUSİNESS

Business Business Latest News, Business Business Headlines