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
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