Exclusive: Amazon thinking about shopping for Boost from T-Mobile, Sprint


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© -. FILE PHOTO: The storefront of a Boost cell phone retailer is seen within the Brooklyn borough of New York

By Angela Moon, Sheila Dang and Diane Bartz

(-) – Amazon.com Inc (NASDAQ:) is thinking about shopping for pay as you go cellphone wi-fi service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, two sources accustomed to the matter mentioned on Thursday.

Amazon is contemplating shopping for Boost primarily as a result of the deal would enable it to make use of T-Mobile’s wi-fi community for at the very least six years, one of many sources mentioned. Amazon would even be thinking about any wi-fi spectrum that may very well be divested, the supply mentioned.

Amazon declined to remark. T-Mobile and Sprint didn’t instantly reply to requests for remark.

It was not instantly clear why the biggest U.S. on-line retailer would need the wi-fi community and spectrum.

But Amazon, which started its enterprise by promoting books, has an extended historical past of exploring new ventures, akin to making unique TV reveals for Amazon Prime members. It is now one of many Big Four expertise firms together with Alphabet (NASDAQ:) Inc , Apple Inc (NASDAQ:) and Facebook Inc (NASDAQ:), and is a number one cloud providers supplier.

T-Mobile and Sprint have supplied concessions, together with promoting Boost, to cut back their market share within the pay as you go wi-fi enterprise and acquire regulatory approval for his or her deliberate $26 billion merger.

The U.S. Justice Department would wish to scrutinize the client of a divested asset to make sure it’ll keep viable and protect competitors.

The carriers are additionally contemplating divesting wi-fi spectrum, or airwaves that carry knowledge, in an effort to push the merger by.

The merger, if authorised, would go away the United States with three wi-fi carriers as an alternative of 4. Some shopper advocates have raised issues that the merger might increase costs for wi-fi customers and have referred to as for an extra competitor.

The sale of Boost might fetch as much as $three billion, potential bidders beforehand informed -.

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