Dish Network Nearing Deal for Boost Mobile as T-Mobile and Sprint Unload Assets for Merger Approval
Dish Network is close to securing a deal to pay $6 billion for Sprint's Boost Mobile brand and wireless spectrum, reports Bloomberg.
Sprint is selling Boost Mobile in an effort to unload assets to gain regulatory approval for its upcoming merger with T-Mobile. The two companies have been aiming to sell Boost Mobile to appease U.S. regulators who believe the merger raises antitrust concerns.
The United States Justice Department wants Sprint and T-Mobile to ensure there continues to be a fourth major carrier in the country as the combined T-Mobile and Sprint company would leave just AT&T and Verizon as the other major carriers. Sprint and T-Mobile's combined company, set to be called T-Mobile and led by John Legere, would have close to 100 million customers.
Sprint and T-Mobile first announced a merger agreement in April 2018, but the completion of the deal requires government approval. As of May, U.S. regulators were said to be "leaning against" approving the merger unless some of T-Mobile and Sprint's assets were sold off.
Dish may be planning to announce a deal as soon as this week, according to sources who spoke to Bloomberg. The terms of the deal have not yet been finalized and it could still fall through, however.
Popular Stories
Apple has announced it will be holding a special event on Tuesday, May 7 at 7 a.m. Pacific Time (10 a.m. Eastern Time), with a live stream to be available on Apple.com and on YouTube as usual. The event invitation has a tagline of "Let Loose" and shows an artistic render of an Apple Pencil, suggesting that iPads will be a focus of the event. Subscribe to the MacRumors YouTube channel for more ...
Apple has dropped the number of Vision Pro units that it plans to ship in 2024, going from an expected 700 to 800k units to just 400k to 450k units, according to Apple analyst Ming-Chi Kuo. Orders have been scaled back before the Vision Pro has launched in markets outside of the United States, which Kuo says is a sign that demand in the U.S. has "fallen sharply beyond expectations." As a...
Apple has stopped production of FineWoven accessories, according to the Apple leaker and prototype collector known as "Kosutami." In a post on X (formerly Twitter), Kosutami explained that Apple has stopped production of FineWoven accessories due to its poor durability. The company may move to another non-leather material for its premium accessories in the future. Kosutami has revealed...
The upcoming iOS 17.5 update for the iPhone includes only a few new user-facing features, but hidden code changes reveal some additional possibilities. Below, we have recapped everything new in the iOS 17.5 and iPadOS 17.5 beta so far. Web Distribution Starting with the second beta of iOS 17.5, eligible developers are able to distribute their iOS apps to iPhone users located in the EU...
Apple is finally planning a Calculator app for the iPad, over 14 years after launching the device, according to a source familiar with the matter. iPadOS 18 will include a built-in Calculator app for all iPad models that are compatible with the software update, which is expected to be unveiled during the opening keynote of Apple's annual developers conference WWDC on June 10. AppleInsider...
The lead developer of the multi-emulator app Provenance has told iMore that his team is working towards releasing the app on the App Store, but he did not provide a timeframe. Provenance is a frontend for many existing emulators, and it would allow iPhone and Apple TV users to emulate games released for a wide variety of classic game consoles, including the original PlayStation, SEGA Genesis,...
Top Rated Comments
Right now I pay $130 after taxes for 4 lines and international calling (Global, not just Mexico and Canada) (all lines) as part of my grandfathered T-Mobile Simple Choice plan from 2014. LTE to 4GB then 2G for unlimited on all lines. They’ve gotten really far in terms of coverage and speeds since then so they have upped the pricing of plans for newcomers.