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October 13, 2022 02:02 am

The guy in charge of Dish wants to buy Boost from Dish




Illustration of the Dish word mark on a black and red background.
Illustration by Alex Castro / The Verge



Dish Network is considering selling its Boost Mobile arm to a company called CONX Corporation, according to a filing with the SEC, spotted by Light Reading. The rub is that CONX is a “company” founded by Charlie Ergen — co-founder and current chairman of Dish Network itself.


The filing from CONX (no, I won’t get tired of typing that) says that its far from a done deal, informing investors that “no assurances can be made that the parties [it and Dish] will successfully negotiate and enter into a definitive agreement.” And while that’s true for most merger discussions, the fact that Ergen is a higher-up at both companies could help those negotiations go a bit more smoothly.




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Original Link: https://www.theverge.com/2022/10/12/23401815/dish-boost-selloff-conx-spac-ergen-project-genesis

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