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Dish Network's SEC filing reveals the date when it will close on the purchase of Boost Mobile

The Department of Justice (DOJ) was concerned that if it allowed to merge with , the number of major U.S. carriers would be reduced by 25% to three from four. The regulatory agency feared that this would lead the remaining three wireless providers to raise prices. To prevent this from happening, a deal was reached that would allowing it to replace Sprint.

For $5 billion, Dish co-founder and Chairman Charles Ergen is getting the wireless business he craves so badly. Dish will receive all of Sprint's prepaid businesses which includes 9.3 million customers located in ...

Source PhoneArena https://ift.tt/30UZXga
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