Apollo in talks to finance Dish Network bid for T-Mobile and Sprint assets, say sources

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Apollo in talks to finance Dish Network bid for T-Mobile and Sprint assets, sources tell Reuters

There is no certainty that Apollo will participate in Dish's bid, and Apollo may decide to finance another bidder or pass on the opportunity, one of the sources said.to purchase wireless assets from the merger to preserve competition in the industry, according to sources familiar with the matter.

The Justice Department is expected to decide whether to approve the merger as early as next week, a source has told Reuters. Over the past few weeks, regulators have held discussions with potential bidders about what would constitute a wireless company that could compete with larger carriers

 

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Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets - sourcesPrivate equity group Apollo is in talks to finance a bid by Dish Network for wireless assets divested in T-Mobile and Sprint's proposed merger
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