Dish Network has completed a $ 1.4 billion acquisition of Boost Mobile, a former Sprint subsidiary that resells prepaid cellular services.
After years of buying up frequencies, but without providing services, Dish is finally a mobile operator – but as a reseller who does not yet have its own network. Dish was able to buy Boost under the merger agreement, in which the Department of Justice allowed T-Mobile to buy Sprint. The DOJ asked T-Mobile and Sprint to sell Dish's prepaid business, as well as frequency licenses and wholesale access to the combined T-Mobile / Sprint network. With the prepaid sales and access to wholesale, Dish is to operate a mobile phone business as a network reseller and at the same time build up its own 5G network, which could ultimately make it the fourth major mobile phone provider.
"With this purchase, Dish officially enters the mobile phone market and serves more than nine million customers," Dish said in a press release today. Starting tomorrow, Dish’s Boost subsidiary will offer a $ hrink-It! Plan, starting at $ 45 for 15 GB, and customer monthly payments for $ 5 after three on-time payments and another 5 after six on-time payments USD lowers. Time payments. "Boost will also offer" a $ 10 10GB plan that includes unlimited lectures and text, "Dish said.
Before T-Mobile and Sprint merged, Boost used the Sprint network to provide wireless services. As part of the new setup, "Boost has started and will continue to activate customers with a compatible device for the new T-Mobile network, where customers get a stronger signal, faster speeds and more coverage," said Dish. T-Mobile said the deal also provides boost customers with access to "roaming in certain areas until Dish's 5G network is established."
Dish said it was an "ongoing vendor selection" for the 5G network that is to be built after contracts have already been signed with "Fujitsu for radio units and Altiostar and Mavenir for cloud-native Open RAN software". Dish is also a satellite TV provider with approximately 9 million video subscribers and owner of the Sling TV online service.
The DOJ, which played an active role in facilitating the divestments, welcomed the Dish / Boost deal in an unusual press release today, "The Department of Justice congratulates T-Mobile and Dish on completing the Boost divestment." Although the merger of T-Mobile and Sprint reduced the U.S. mobile market from four major carriers to three, DOJ cartel chief Makan Delrahim said the boost sell-off was "a significant milestone in realizing the Department of Justice's appeal to fend off competition." to strengthen high-net. " -Quality 5G networks and benefit American consumers across the country. "
As we wrote earlier, due to government-imposed conditions, Dish will need to supply 5 percent of the U.S. population with 5G by June 2023. This could leave 100 million Americans without the option of a fourth carrier if Dish doesn't go far beyond the 70 percent requirement. Dish also received approval from the Federal Communications Commission to set up a 4G network in 2012, but it never did.