T-Mobile Says Not in Talks to Add Wireless Plans to Amazon Prime
June 02 2023 - 12:15PM
Dow Jones News
By Will Feuer
T-Mobile US said it isn't in talks to include its wireless plans
in Amazon.com's Prime service after a Bloomberg report said Amazon
is holding talks with various carriers about offering low-cost or
possibly free nationwide mobile phone service to Prime
subscribers.
"Amazon is a great partner to T-Mobile in many areas, and we are
always interested in working more closely with our cross-town
neighbors in new ways," the company said in a statement.
"However, we are not in discussions about inclusion of our
wireless in Prime service, and Amazon has told us they have no
plans to add wireless service," T-Mobile said.
Bloomberg reported earlier Friday that Amazon is negotiating
with Verizon Communications, T-Mobile and Dish Network to get the
lowest possible wholesale prices to offer Prime members wireless
plans for $10 a month or possibly for free. Amazon's talks with
cellular carriers have been going on for six to eight weeks and
also have included AT&T at times, Bloomberg said, but the
mobile service plans may take several more months to launch and
could be scrapped.
"We are always exploring adding even more benefits for Prime
members, but don't have plans to add wireless at this time," Amazon
spokesman Bradley Mattinger said.
Shares of Verizon, AT&T and T-Mobile fell after the report
was published. T-Mobile stock recently traded 8% lower while
Verizon and T-Mobile were both down about 4.5%.
Shares of Dish climbed almost 25% to $7.85 in midday
trading.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
June 02, 2023 12:00 ET (16:00 GMT)
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