Report
EUR 8533.00 For Business Accounts Only

NSR Policy: Judge Grants DISH Extension for 800 MHz purchase

The legal saga of whether DISH should get an extension on its option to purchase the 800 MHz band of spectrum from TMUS has finally been formally resolved, with the Judge in the matter agreeing that DISH should have until April 1, 2024 to purchase the spectrum. This was an expected decision, as we originally thought that the Department of Justice (DOJ) would largely agree with DISH, and when the DOJ did, that the Judge would likely agree with the DOJ recommendation. The odds increased even more when the key parties (DISH, TMUS, and the DOJ) jointly filed a proposal that would grant an extension, along with an additional payment from DISH to TMUS.
Underlyings
DISH Network Corporation Class A

DISH Network is a holding company. Through its subsidiaries, the company operates two business segments: Pay-TV and Wireless. The company provides pay-TV services under: the DISH? brand, which consists of, among other things, Federal Communications Commission licenses authorizing the company to use direct broadcast satellite and Fixed Satellite Service spectrum, the company's owned and leased satellites, and certain other assets utilized in the company's operations; and the Sling? brand, which consists of, among other things, live-linear streaming over-the-top Internet-based domestic, international and Latino video programming services. In addition, the company invests to acquire certain wireless spectrum licenses and related assets.

T-Mobile US Inc.

T-Mobile US provides mobile communications services, including voice, messaging and data, under its brands, T-Mobile and Metro? by T-Mobile, in the United States, Puerto Rico and the United States Virgin Islands. The company provides mobile communications services using its 4G Long-Term Evolution network and its 5G technology network. The company also provides various wireless devices, including handsets, tablets and other mobile communication devices, and accessories for sale, as well as financing through Equipment Installment Plans and leasing through JUMP! On Demand?. The company provides reinsurance for handset insurance policies and extended warranty contracts offered to its mobile communications customers.

Provider
New Street Research
New Street Research

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  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
  • Global Emerging Market Telecoms
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  • Asian Internet
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  • Pan European Telecom Services and Cable


Analysts
Blair Levin

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