T-Mobile, Sprint Merger Gets DOJ Approval With Sale of Assets to Dish

Under the terms of the deal, Dish will obtain Sprint’s Boost Mobile, Virgin Mobile and other prepaid businesses and enter into a “mobile virtual network operator” deal with the New T-Mobile for seven years. Additionally, T-Mobile and Sprint must make available to Dish at least 20,000 cell sites and hundreds of retail locations. Dish reportedly will pay about $1.4 billion for the prepaid mobile business and roughly $3.

Analysts are bearish on Dish’s deal with T-Mobile/Sprint, which had previously been reported by the Wall Street Journal and Bloomberg. The problem is that with Dish getting into the wireless business, its spectrum holdings will be valued as an operating asset — not, as some had anticipated, assets the company would sell to the highest bidder. “The biggest loser here is, or rather, Dish Network’s investors,” MoffettNathanson analyst Craig Moffett wrote in a note Thursday.

In addition, T-Mobile and Sprint pledged that the combined company would roll out in-home 5G broadband within three years to at least 9.6 million eligible households, of which at least 2.6 million will be in rural areas.

Congrats to TMobile from The Astonishing Tales digital magazine!!!! Congrats and 5G for all!!! 5gforall TMobile

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Justice Department in Talks With States to Win Support for T-Mobile, Sprint MergerThe Justice Department is pushing state officials to support a planned settlement that would allow T-Mobile US and Sprint to merge by selling assets to Dish Network. This to me seems like something the DOJ isn’t supposed to be used for 🤷🏾‍♂️ CGasparino budswdrbobbillw The DOJ should not be negotiating on behalf of Corporations, this is wrong. They should not merge. No more monopolies.
Fonte: WSJ - 🏆 98. / 63 Leggi di più »

DOJ approves $26.5B merger between Sprint and T-MobileWhile the merger between the number three and four players in the wireless market effectively reduces competition, the DOJ has demanded that both companies must sell key assets. claireatki Exactly as slickenteur predicted many days ago. Guys you should follow her, she does brilliant market, political analysis. Her articles and threads are amazing. Must read them. claireatki Well, I hope they can cut my bill in half. Lololol 😄 claireatki So what will sprint customers need to do?
Fonte: NBCNews - 🏆 10. / 86 Leggi di più »

T-Mobile-Sprint drama overshadows ‘industry’s best growth story,’ says analystT-Mobile US Inc.’s latest earnings show that the company is doing just fine on its own — even as the company’s deal for Sprint Corp. reportedly nears...
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