U.S. regulators approved Sprint’s $26.5-billion merger with larger rival T-Mobile US Inc in July. As a concession to regulators, the companies agreed to sell Sprint’s prepaid wireless business, which includes the Boost and Virgin Mobile brands, to Dish for $1.4 billion, as well as sell some wireless spectrum, or airwaves that carry data, to Dish for $3.6 billion. …read more
Source:: Yahoo Finance
