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Boost founder wants to buy prepaid business of merging Sprint/T-Mo

November 19, 2019


Boost Mobile founder Peter Adderton has put in an offer to buy the mobile virtual network operator back from the New T-Mobile, which must divest Boost and Sprint’s other prepaid brands as part of required conditions to merge T-Mobile US with Sprint. However, Dish Network was the intended buyer, with plans to continue operating Boost as an MVNO on the New T-Mobile’s network while it built out its own 5G network.

Reuters reported that Adderton is willing to pay up to $2 billion for Boost. Dish was expected to buy the prepaid operations for about $1.4 billion, plus another $3.6 billion in spectrum purchases from New T-Mobile.

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