Summit Ridge Group, LLC Provides Department of Justice Antitrust Division with Financial and Wireless Industry Analyses for the T-Mobile/Sprint Merger Review
DISH Network Corporation - Class A (DISH)
Last dish network corporation - class a earnings: 2/19 06:00 am
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Source: PR Web
NEW YORK (PRWEB) April 21, 2020 Summit Ridge Group, LLC, a leading provider of valuation and related financial advisory services in the communications sector, today announced that the Company provided mobile wireless industry analyses for the US Department of Justice (DOJ) regarding the proposed $26 billion merger between T-Mobile and Sprint. The DOJ investigated the merger over concerns that it would lessen competition and result in consumers having fewer competitive options and paying higher rates. On July 26, 2019, the DOJ announced a settlement agreement that required T-Mobile and Sprint to divest Sprint's prepaid business, including Boost Mobile, Virgin Mobile, and Sprint Prepaid, to Dish Network. The settlement also provided for the divestiture of certain spectrum assets to Dish. Additionally, T-Mobile and Sprint must make available to Dish at least 20,000 cell sites and hundreds of retail locations. T-Mobile must also provide Dish with robust access to the T-Mobile network for
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