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Peter Adderton, the founder of Boost Mobile, is interested in buying the wireless service once again.
Adderton sent out a tweet last October 20 saying:
“Let's face it @dishwireless doesn't want or need the prepaid @boostmobile business it's neither strategic or necessary for there long term plans, selling that part of the business to people who care and know how to operate it for growth makes all the sense in the world.”
Adderton also expressed his interest in a Bloomberg article. He said that he is preparing a bid for Boost and is already in a discussion with at least one major private equity shop regarding financing the deal:
“I have been laser focused on buying this business for a long time now. We’ll be putting together a full offer to take to the Dish board.”
Dish is planning to make the board members of Dish aware of his interest prior to approving its merger plans with CONX. The board will be making their vote on Oct. 31st.
You can read more about the announcement here.
Source: NWIDA
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