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US: T-Mobile reportedly planning Boost auction in case Dish purchase fails

By  |  June 20, 2019
T-Mobile is preparing an alternative plan if a deal to sell wireless assets to Dish Network Corp falls through, according to  Reuters.
Goldman Sachs, the investment bank that’s advising T-Mobile on the Sprint merger and sale of Boost Mobile, is planning to send books to prospective Boost buyers in two weeks, say sources speaking to Reuters. Dish is still the frontrunner to buy Boost, but Goldman Sachs has told other parties as recently as today that it’s getting ready for an auction of Boost Mobile. Dish is rumored to be speaking with other parties on possible Boost partnerships.

T-Mo has already agreed to sell Boost Mobile if its merger with Sprint is completed. This caused FCC Chairman Ajit Pai to come out publicly support the deal. However, the Department of Justice is still conducting its antitrust review of the merger, and rumors have said that it wants T-Mobile and Sprint to help create a fourth competitive U.S. carrier before it will approve the merger.

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    Full Content: Reuters

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