UPDATE
Dish Network Corp. is reportedly in talks with T-Mobile and Sprint
regarding the purchase of $6 billion in assets that would help the
carriers gain regulatory approval for their merger, according to Bloomberg.
Dish is seeking to obtain assets including wireless spectrum and
Sprint’s Boost Mobile label, although sources say the talks are tenuous.
The divestitures by the telecoms would be a way for the carriers to
comply with the Justice Department, which wants them to sell enough
assets to ensure the U.S. maintains at least four viable national
wireless players, Inside Towers reported. Representative for Dish and the Justice Department declined to comment to Bloomberg, nor did T-Mobile and Sprint.
Dish, Charter Communications and Altice USA are on a shortlist of bidders for T-Mobile and Sprint assets favored by the DOJ, Inside Towers
reported. Though the FCC hasn’t formally approved the T-Mobile-Sprint
transaction, two out of the three majority Republicans on the
Commission, Chairman Ajit Pai and Commission Brendan Carr, have said
they favor the deal, while Commissioner Michael O’Rielly has said he’s
“inclined” to back the transaction.
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