Dish Details Deal to Become Fourth National Carrier
Dish Network will pay $5 billion to buy significant Sprint assets in an attempt to create a new national 5G wireless network, in a deal brokered by the US Department of Justice to win approval for T-Mobile merging with Sprint. The deal includes $3.6 billion for licenses to 14 MHz of nationwide 800 MHz spectrum. For its new 5G network. Dish will use the new 800 MHz spectrum alongside 600 MHz, 700 MHz, and 1,700 MHz spectrum it already owns. Dish will also pay $1.4 billion to acquire Sprint's prepaid business, including Boost Mobile, Virgin Mobile, and Sprint Prepaid. That purchase includes 9.3 million customers and 400 employees. Dish has made a new commitment to the FCC that it will build its own 5G network capable of serving 70 percent of the US population by June 2023. Dish will pay a penalty of up to $2.2 billion if it fails to meet that deadline. Dish will have access to the new T-Mobile / Sprint network for seven years while it builds its own network. Dish will also lease T-Mobile some of its 600 MHz spectrum for several years to smooth the transition. Dish will also have the option to acquire certain tower, network equipment, and retail assets that will be decommissioned as part of the Sprint / T-Mobile integration process.
Jul 26, 2019
The US Department of Justice has given its blessing to the proposed merger of T-Mobile and Sprint. Several conditions — including a comprehensive deal with Dish intended to create a small fourth national carrier — have satisfied the federal government's anti-trust concerns.
Jul 26, 2019
New York State Attorney General Letitia James today confirmed that she continues to lead a coalition of 14 states in suing to stop the merger of T-Mobile and Sprint on anti-trust grounds, in spite of today's approval of the merger by the US Department of Justice. The states' concerns include specific issues with the deal announced today by the DoJ and Dish, for Dish to take certain assets from Sprint to build a new, fourth national carrier.
May 22, 2019
Internally, the US Justice Department's antitrust division has recommended the agency file a lawsuit to block the proposed merger of T-Mobile and Sprint, according to a Reuters reports citing two sources familiar with the matter. The final decision on whether to allow the merger now lies with political appointees at the department.
May 20, 2019
FCC Chairman Ajit Pai announced that he will recommend the agency approve the proposed merger between T-Mobile and Sprint. To secure the recommendation, the companies have promised to divest the Boost prepaid brand and not raise prices for three years.
Aug 7, 2019
Samsung today announced the Galaxy Note10 and Note10+. The company's super-flagship Note series for 2019 comes in two sizes: The Note10 packs a screen similar to the Note9 into a smaller body, while the Note10+ sports a larger display in a body similar in size to the Note9.
What are we gaining?
You're right that it's silly, though. The DoJ insists that having...