Amazon.com Rooting to Buy T-Mobile-Sprint’s Boost Mobile
AMAZON.COM – Amazon is now interested in acquiring the Boost Mobile prepaid wireless service from Sprint and T-Mobile.
That is if the two telecommunications companies decide to divest Boost to turn their $26.5 billion mergers into reality.
According to various reports, the e-commerce giant wants to use T-Mobile’s wireless network for the next six years as part of another wholesale agreement.
Moreover, the company’s interest would also be lying on any wireless spectrum that could be divested.
Amazon’s reported interest surfaced after reports on Thursday that said the US Department of Justice wants T-Mobile and Sprint to create a new wireless carrier.
The online retail giant has previously attempted to dive into the mobile business. This means that it wouldn’t be surprising to see the company add wireless to the range of services that it offers.
Amazon declined to issue a statement on the matter, while T-Mobile and Sprint were not immediately available for comments.
T-Mobile and Sprint Merger
Earlier this month, Chairman Ajit Pai from the Federal Communications Commission gave a go signal to the T-Mobile and Sprint Merger.
They need to meet a certain condition first, however. The two companies need to divest Boost Mobile. They also need to build out 5G networks in rural areas. And offer wireless home broadband that’s good enough to replace fixed-line.
T-Mobile and Sprint rank as the third and fourth biggest carriers, just after Verizon and AT&T.
Therefore, their merger would lower the number of major carriers in the US from four to three. Justice Department antitrust chief Makan Delrahim wants to have at least four carriers to remain in the competition.
Even though the FCC has given approval to the transaction, the merger still needs the go signal from the DOJ.
Earlier this month, the DOJ said it was considering stopping the deal altogether. Also possibly requiring the two to divest wireless spectrum and other parts of their businesses.
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