Dish Is Said to Near $6 Billion T-Mobile, Sprint Asset Deal (1)

June 18, 2019, 5:28 PM UTCUpdated: June 18, 2019, 5:58 PM UTC

Dish Network Corp. is in talks to pay at least $6 billion for assets that T-Mobile US Inc. and Sprint Corp. are unloading to win regulatory approval for their merger, according to people familiar with the matter.

Dish could announce a deal as soon as this week for assets including wireless spectrum and Sprint’s Boost Mobile brand, said the people, who asked to not be identified because the matter isn’t public. The deal hasn’t been finalized and talks could still fall through, said the people.

The potential divestitures are aimed at appeasing the Justice Department, which wants T-Mobile and Sprint ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.