[ad_1] The companies will have to sell the prepaid parts of Sprint’s business — Boost Mobile, Virgin Mobile, and Sprint prepaid — to Dish, while that company will gain a chunk of Sprint’s spectrum. T-Mobile and Sprint will have to open up more than 20,000 cell sites and dozens of retail locations to Dish. In […]
Category: merger
Dish is close to a $6 billion deal with Sprint and T-Mobile
[ad_1] Over the last couple of weeks, we’ve heard that getting DoJ approval for T-Mobile’s proposed $26 billion purchase of Sprint will require making moves to create a new national wireless carrier as a competitor. That could be achieved by selling off Boost Mobile and enough spectrum to make a service viable, however they needed […]
Sprint, T-Mobile merger could get federal approval next week
[ad_1] Just days after AGs representing ten states filed suit to stop the combining of Sprint and T-Mobile, the New York Times reports the Justice Department is “moving closer” to approval. Doing so apparently hinges on an arrangement, previously reported, that would have the two sell off assets to create a new national wireless competitor. […]
Ten states sue to block T-Mobile merger with Sprint
[ad_1] The states said they gave “significant consideration” to the companies’ talk of expanded rural coverage, but noted that T-Mobile hadn’t provided evidence of cell site expansion in these areas that wouldn’t already be served by at least one of the two networks. They also rejected the carriers’ argument that a union was necessary to […]
Amazon is reportedly interested in buying Boost Mobile
[ad_1] If helping to create a competitor is a necessary condition to get the Sprint/T-Mobile deal done, then perhaps Amazon can help. A report from Reuters suggests the retailer is interested in buying Boost Mobile from the combo, particularly because it would come with the ability to use T-Mobile’s network for six years. The unnamed […]
T-Mobile’s merger could require creating a competitor
[ad_1] While FCC commissioner Ajit Pai is ready to recommend approval of a merger between T-Mobile and Sprint, the Department of Justice has been reportedly unconvinced. Now Bloomberg reports that one thing the two could do to convince unnamed “top” officials is to “lay the groundwork” for a new national wireless carrier. In previous years […]
T-Mobile and Sprint merger is ‘unlikely’ without major changes
[ad_1] State antitrust officials also have qualms with the merger, according to one of the WSJ‘s tipsters. The FCC is on record as having questions about both the claimed cost savings and their plans for wireless home broadband. T-Mobile and Sprint didn’t have an immediate comment on the apparent leaks. If the report proves true, […]
Instant Pot’s creator is merging with the company behind Pyrex
[ad_1] It’s not certain how this will affect the Instant Pot line itself, but Instant Brands will continue to operate out of its home in Ottawa, Canada. Wang will stick around as the combined firm’s Chief Innovation Officer, while Corelle’s Ken Wilkes will run the united company. Corelle expects the deal to close in the […]