Dish buys prepaid carrier Boost Mobile for $1.4 billion

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“This marks an important milestone in DISH’s evolution as a connectivity company,” Dish CEO and president Erik Carlson said in a statement. “It positions us well as we continue to build out the first virtualized, standalone 5G network in America.”

Dish has been attempting to enter the wireless market for years. It tested LTE in Virginia and Texas as early as 2013. In 2015, it spent $13.3 billion on wireless spectrum in an FCC auction, and in 2017, then-CEO Charlie Ergen stepped down to “devote more attention” to the wireless business. As part of this deal, Dish has access to the new T-Mobile network for seven years. During that time, it plans to launch the nation’s first standalone 5G network.

Dish will continue to use the Boost brand, but it has unveiled a new logo. It’s also launching a new “$hrink-It!” plan, which starts at $45 for 15GB. If customers make three on-time payments, Dish will drop the monthly rate by $5. Dish will take off another $5 after six on-time payments. Another 10GB plan with unlimited talk and text will cost $35. Both plans will be available beginning July 2nd.

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