Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 13, 2019 05:27 pm

T-Mobile tried and failed to merge with Dish years ago, John Legere says


John Legere stock 2017

Chris Welch

T-Mobile wanted to merge with Dish back in 2015, T-Mobile CEO John Legere told a federal court yesterday, but Dish shot the deal down over concerns that T-Mobile would “disintegrate.” The details, reported by CNET, confirm stories from 2015 about a potential tie-up between the two companies and explains why the deal never came to be. A merger would have given T-Mobile access to a trove of valuable spectrum that Dish has long held on to, but not yet put to use, along with a satellite TV business.


Legere was in court testifying as part of a lawsuit brought by multiple state attorneys general who are attempting to block T-Mobile’s merger with Sprint. Lawyers for the attorneys general asked Legere why T-Mobile had to merge with Sprint, a...



Continue reading…




Original Link: https://www.theverge.com/2019/12/13/21020475/tmobile-dish-merger-2015-fail-john-legere-ceo-sprint-assets

Share this article:    Share on Facebook
View Full Article

The Verge

The Verge is an ambitious multimedia effort founded in 2011

More About this Source Visit The Verge