Dish Leads Bidding to Buy Assets From Sprint, T-Mobile - News Summed Up

Dish Leads Bidding to Buy Assets From Sprint, T-Mobile


Now T-Mobile has agreed to buy Sprint, the U.S. wireless industry is about to be dominated by three major players. But how did we go from the days of one giant landline monopoly to four competitive cell companies? Illustration: Shaumbe Wright/WSJDish Network Corp. is leading the race to scoop up assets that the Justice Department says Sprint Corp. and T-Mobile US Inc. must sell to save their $26 billion merger, according to people familiar with the matter. Dish Executive Chairman Charlie Ergen has been trying to convince antitrust enforcers the wireless merger is bad for competition. Now he is arguing the best way to remedy that is to force the wireless operators to cast off more of the business to Dish.


Source: Wall Street Journal June 14, 2019 20:30 UTC



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