Dish Network, T-Mobile Agree to Extend Deadline for Spectrum Deal
October 19 2023 - 6:00PM
Dow Jones News
By Ben Glickman
Dish Network and T-Mobile agreed to extend the date Dish can
purchase spectrum licenses from T-Mobile-owned Sprint.
Dish Network Corp. said in a regulatory filing on Thursday that
the two companies had amended their previous agreement giving Dish
the option to purchase all of Sprint's 800 MHz spectrum licenses
for $3.59 billion.
Dish now has until April 1 to purchase the spectrum under the
agreement. In extending the deadline, Dish also agreed to pay $100
million to T-Mobile.
The amendment has already been approved by the Justice
Department's anti-trust division and resolves all outstanding
disputes between Dish and T-Mobile related to the agreement, the
company said.
The amendment will be effective once the District Court for the
District of Columbia enters an amended final judgement on the
agreement.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
October 19, 2023 17:45 ET (21:45 GMT)
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