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Why Hasn’t Dish Closed on Boost?

Dish logo - NWIDAAccording to an article in Fierce Wireless (link below) there are industry analysts that are asking “Why hasn’t Dish closed on Boost yet?”

“We are unaware of why Dish has not closed the Boost deal,” wrote LightShed Partners analysts Walter Piecyk and Joe Galone in a blog post today. “It should have been done by June 1st. Something is up.”

The companies face a July 1 DoJ deadline and T-Mobile continues to indicate it will close this quarter.

“If T-Mobile is not delivering certain technical capabilities under the transition services agreement, the DoJ has the ability to compel them to do so,” the analysts wrote. “If Charlie Ergen is stalling or negotiating in bad faith, it also has the ability to compel Dish to close.”

Dish declined to comment on the status of the Boost deal. However, a spokesperson noted that it’s still well within the July 1 deadline. Dish has been adding wireless industry talent to its management team and recently named former T-Mobile executive Dave Mayo as EVP, Network Development.

Last week, Wells Fargo Securities analysts said their meetings with tower company executives indicated they appeared confident that Dish was going to show up in a meaningful way this year, with one contact saying Dish has already signed “hundreds of leases.”

Read the entire article here

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