Colorado has agreed to end its involvement in a multi-state lawsuit seeking to block the merger of Sprint and T-Mobile in exchange for assurances that Dish Network’s new wireless phone service and some 2,000 jobs will be headquartered in the Centennial State.
The Colorado Attorney General’s Office announced the deal on Monday morning, October 21. Dish has also promised that Colorado will be one of the first states to get 5G service—particularly in rural areas—as part of the agreement. Colorado will be one of the first states to get 5G service.
Dish announced its foray into wireless phone service in July after federal regulators tossed cold water onto the US$26 billion Sprint and T-Mobile merger.
To ease regulators’ concerns, Douglas County-based Dish, known for its satellite TV service, agreed to scoop up Sprint’s 9.3 million prepaid business customers and some wireless spectrum in a deal valued at US$5 billion.
Full Content: Colorado Sun
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile’s Acquisition of Ka’ena Corporation Receives FCC Approval
Apr 26, 2024 by
CPI
UK Regulator Announces Two New Senior Executive Appointments
Apr 26, 2024 by
CPI
Paramount Global and Skydance Media Near Merger Deal, Eyeing CEO Change
Apr 26, 2024 by
CPI
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI