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Dish signs TV death sentence with $5bn Boost mobile splurge

It appears Dish Network’s satellite TV business is as good as dead following reports a deal has been reached for the acquisition of Sprint’s Boost Mobile and spectrum assets for $5 billion all-in. Not only that, but the costs associated with buying and sustaining these legacy businesses means Dish probably can’t afford to build its promised 5G infrastructure unless it gets a helping hand. If Bloomberg sources are bang on, Dish Network has agreed to pay $3.5 billion for spectrum and $1.5 billion for Sprint’s pre-paid mobile businesses, which creates a fourth major carrier while paving the way for T-Mobile and Sprint’s $26.5 billion mega merger. Terms of the deal state Dish is barred for three years from selling the…

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