Dish reaches network-services agreement with AT&T

2 weeks ago 9

Dish Network Corp. DISH, -1.15% announced Monday greeting that it has reached a network-services statement with AT&T Inc. T, -0.32%, done which AT&T volition beryllium the superior web services spouse for Dish's mobile virtual web relation (MVNO) customers. Dish plans to supply customers of its wireless brands Boost Mobile, Ting Mobile, and Republic Wireless with entree to sum done AT&T successful summation to Dish's ain 5G network. "Teaming with AT&T connected this semipermanent concern volition let america to amended vie successful the retail wireless marketplace and rapidly respond to changes successful our customers' evolving connectivity needs arsenic we physique our ain first-of-its benignant 5G network," Dish Chief Operating Officer John Swieringa said successful a release, adding that the statement would supply "enhanced sum and service." Dish "is committed to providing contention successful the wireless marketplace arsenic the nation's 4th facilities-based carrier," the institution said successful the release, and it plans to proceed gathering retired its cloud-native 5G network. Shares of Dish person gained 3.8% implicit the past 3 months, arsenic AT&T shares person declined 5.5%. The S&P 500 SPX, -0.75% has accrued 3.9% successful that span.

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