Dish loses more wireless subscribers in Q1 although its 5G build out is on track

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Dish reports masking progress on the building out of its wireless network even though it lost more wireless subscribers during Q1.

, to acquire 600MHz low-band spectrum back in 2017. Dish ended up having an important role to play in the T-Mobile-Sprint merger helping to grease the wheels so that the merger could get FCC and Justice Department approval.To placate the FCC, which was worried about the reduction in the number of major carriers from four to three Dish promised to replace Sprint as the nation's fourth-largest carrier.

And by June 14th, 2023, Dish must cover at least 70% of the U.S. population with wireless service equal to or greater than 35 Mbps, verified by a drive test. It also needs to have at least 15,000 5G cell sites up and running by that date. If Dish fails to meet these figures in time, it will make a"voluntary contribution" to the U.S. Treasury for as much as $2.2 billion.

 

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