U.S. Department of Justice Approves T-Mobile and Sprint Merger Soon-Dish Agres to Acquire Partial Assets Reported
Satellite broadcast service provider Dish Network has agreed to acquire T-Mobile and Sprint's wireless assets for $ 5 billion. Bloomberg reported on July 24, as an anonymous source. As early as the 25th, the U.S. Department of Justice is expected to be ready to approve the $ 26.5 billion merger between T-Mobile and Sprint. The Wall Street Journal (WSJ) also reports that the Justice Department is preparing to approve the merger.
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According to Bloomberg, Dish is a subsidiary of Sprint and will acquire a prepaid mobile business for about $ 1.5 billion and a radio frequency band for about $ 3.5 billion. Dish says it can't sell these assets for three years.
“Everybody remembers where they were & how they felt when they learned to ride a bike – & this gave kids the chance… https://t.co/Z91nTxXdfo
— Sam Balto Thu Oct 17 22:29:59 +0000 2019
The WSJ reports that Dish will be offering mobile phone services and will be able to use T-Mobile's network during the seven-year transition.
Dish has previously announced that it is working on a narrowband IoT (NB-IoT) 5G network, which is not for traditional mobile phones and tablets, but for smart devices like power meters and lighting. It seems that it is supposed to be connected. Also, as part of this agreement, T-Mobile and Dish will be required to support the new "eSIM, WSJ reports, which will make it easier for consumers to make mobile operators if they wish. It will be possible to transfer.
This article was edited by Asahi Interactive for Japan from an article from overseas CBS Interactive.
