Dish was chosen to be a replacement for Sprint to keep competition in the industry static
Remember this headline from 2013?
An MVNO is a mobile virtual network that doesn’t own a network. Wireless capacity is purchased from both T-Mobile and AT&T and sold to customers at a profit.
Dish shares soared during the regular trading session on Nasdaq
Last November, Boost debuted a $100 per year plan that gives subscribers unlimited talk and text along with 1GB of high-speed data each month. Called the “Carrier Crusher” plan, the price works out to about $8.33 per month and is designed for those who have costly unlimited plans but use less than 10GB of data each month. According to a 2019 report from Reach Mobile that was cited by Boost, 45% of Americans have an unlimited plan but 33% use less than 5GB of data monthly.
Dish met the FCC’s requirement that it covers 20% of the U.S. population with its 5G signals by June 14th. By that same date next year, Dish must have its 5G signals cover 70% of the U.S. population or else pay the FCC a huge fine disguised as a voluntary contribution.
Dish shares rose 6.3% or $1.09 in regular NASDAQ trading to close at $18.22. After hours, the stock rose an additional 16 cents, or .88% to $18.38. The shares are much closer to the 52-week low of $16.20 than the 52-week high of $46.31.
Will Dish Wireless eventually make us forget Sprint? The satellite television content provider’s wireless business is not off to a great start but it is how things end up that matters.
