Dish must cover 70% of the country with 5G by June 2023 or pay $2.2 billion

Now that Dish chairman Charles Ergen has finally achieved his dream of buying a wireless provider, let's take a look at the transaction with T-Mobile and Sprint that it just announced yesterday. First of all, we know that the deal was made so that the U.S. Department of Justice (DOJ) would give its blessing to the $26.5 billion merger between the nation's third and fourth-largest carriers. The DOJ's role in any type of M&A deal is to make sure that the competitive landscape isn't disturbed by a proposed transaction. In this specific case, the agency wanted T-Mobile and Sprint to help create ...

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