A PYMNTS Company

US: Amazon considers buying Boost from T-Mobile & Sprint

By  |  June 2, 2019

According to an exclusive report by Reuters, multiple sources close to the negotiations have confirmed that Amazon is currently interested in purchasing Boost Mobile from T-Mobile and Sprint.

One source confirms if the deal goes through, Amazon would gain access to T-Mobile’s new wireless network for a minimum of six years.

T-Mobile and Sprint have already pledged to sell Boost as part of measures to reduce their market share in the prepaid wireless business and gain regulatory approval for their planned US$26 billion merger.

The carriers are also considering divesting wireless spectrum, or airwaves that carry data, in order to push the merger through.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.