Satellite TV company Dish Network says it has closed on its acquisition of the prepaid service Boost Mobile from T-Mobile, effectively making the pay-TV company the country’s fourth major mobile provider alongside Verizon, AT&T and T-Mobile.
In a statement Wednesday, U.S. assistant attorney general Makan Delrahim congratulated the companies on completing the divestiture. “This deal is a significant milestone in realizing the Department of Justice’s remedy, which is designed to strengthen competition for high-quality 5G networks and benefit American consumers nationwide,” Delrahim said.
With Boost’s 9 million-plus mobile customers now part of the company, and with guaranteed access to T-Mobile’s wireless network for seven years, Dish is now pivoting to a mobile-first future, as the pay-TV business continues its secular decline. “[The deal gives us] all the ingredients that we need to be a full fledged competitor,” Ergen told a Goldman Sachs conference last year. “We also believe that with a clean sheet of paper, you could build [a network] differently,” Ergen added, arguing that the company could create industrial or enterprise applications “that incumbents may have a hard time with.”
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