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DISH Inks Deal To Access T-Mobile's Nationwide 5G Network
(RTTNews) - DISH Network (DISH) and T-Mobile (TMUS) on Tuesday signed an amendment to the 2020 Master Network Services Agreement (MNSA) that provides customers of DISH's retail wireless brands, including Boost Mobile, access to T-Mobile's nationwide 5G network.
The amendment, which will become effective upon approval by the U.S. Department of Justice, incorporates financial and operational changes, including improved pricing and enhanced roaming solutions for DISH 5G customers in consideration of an annual minimum revenue commitment through the remaining term of the MNSA.
The Term Sheet will not be effective unless it is approved by the DOJ by August 14, 2022.
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T-Mobile, EQT Form JV To Acquire Fiber-to-the-home Platform Lumos
T-Mobile (TMUS) and investment firm EQT announced Thursday they have entered into a joint venture (JV) with EQT's Infrastructure VI fund (EQT) that will acquire fiber-to-the-home platform Lumos from EQT's predecessor fund EQT Infrastructure III.
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DISH Media Partners BrightLine To Power Interactive, Personalized Advertising On Sling TV
DISH Media (DISH) announced Tuesday a partnership with BrightLine to allow for interactive ad units on live and on demand inventory on SLING TV. The two new advanced advertising products, In-Stream Interactive and Dynamic Addressable, are now available on SLING.
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FCC Fines Dish Network $150K In First-ever Space Debris Penalty
In a first, the Federal Communications Commission or FCC has issued a penalty related to space debris to Dish Network Corp. for failure to properly deorbit its EchoStar-7 satellite. The FCC said its Enforcement Bureau has reached a breakthrough settlement of its investigation into DISH, which admitted its liability for failing to properly dispose of the EchoStar-7 broadcast communications...
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T-Mobile US Plans To Slash Workforce By Under 7% Or 5000 Positions
Telecom major T-Mobile US, Inc. (TMUS) announced Thursday in an email to its employees that it is planning to reduce the size of its workforce by just under 7 percent or 5,000 positions.
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DISH, EchoStar To Combine In All-stock Deal
DISH Network Corp. (DISH) and EchoStar Corp. (SATS) announced Tuesday they have entered into a definitive agreement for DISH to combine with EchoStar in an all-stock merger at a fixed exchange ratio.
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T-Mobile Confirms Data Breach Of 37 Mln US Customer Accounts
T-Mobile US, Inc. in a regulatory filing confirmed that it has suffered a cyber attack, in which data for approximately 37 million current postpaid and prepaid customer accounts were stolen. In a filing with the U.S. Securities and Exchange Commission, T-Mobile said the impacted API was able to provide some basic customer information, including name, billing address, email, phone number, date of
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Target Q2 Down, Yet Beats Street, Backs FY25 View, Names Michael Fiddelke CEO; Shares Hit
Shares of Target Corp. were losing around 11 percent in the pre-market activity on the NYSE, after the retail major reported Wednesday lower profit and comparable sales in its second quarter. However, earnings per share and top line beat market estimates, and the firm maintained its fiscal 2025 outlook. Separately, Target announced the appointment of Michael Fiddelke, chief operating officer,
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Indonesia Unexpectedly Cuts Interest Rate
Indonesia's central bank eased its monetary policy unexpectedly on Wednesday in order to bolster economic growth amid inflation remaining well within the target range. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to cut the BI rate by 25 basis points to 5.0 percent.
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