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DISH Wireless L.L.C., doing business as Boost Mobile, is an American telecommunications company and wholly owned subsidiary of EchoStar Corporation. Boost Mobile is the fourth largest wireless carrier in the United States. Together with its sister brands Gen Mobile and Ting Mobile, it serves 7 million subscribers as of September 30, 2024. [1]
Dish Network acquired Boost Mobile on July 1, 2020, as part of an agreement with T-Mobile.The agreement with T-Mobile allows Dish to use T-Mobile's network until 2027. On July 19, 2021, Dish announced an agreement with AT&T to use AT&T's network until 2031 and the option for AT&T to use Dish's wireless spectrum on their network.
In 2020, the company acquired the mobile virtual network operator (MVNO) Boost Mobile from Sprint Corporation as part of its merger with T-Mobile US, announcing an intent to develop a national 5G network in order to supplant Sprint as a fourth major carrier. In 2023, DISH Network was merged back into EchoStar in an all-stock transaction.
Who owns T-Mobile? T-Mobile's largest shareholder is Deutsche Telekom AG, a German telecommunications company. KfW, Germany's state-owned bank, owns 16.63% of Deutsche Telekom AG, as of December 2023.
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In an industry reverse, EchoStar proposed to buy Dish in 2023 with the acquisition being completed by the end of that year, as a result, Dish was absorbed into EchoStar as a whole. [2] EchoStar made its debut on the Fortune 500 list in 2024, ranking #242. [3] Following the acquisition of Dish, EchoStar now owns Sling TV and Boost Mobile.
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