Initial 5G networks went online in 2019. The newest generation of wireless networking technology offers download speeds up to 100 times faster than the previous standard, 4G. 5G evolution is pushing forward and it’s clear that this massive project will encompass wide swathes of the global economy for years to come.
As new developments emerge, so do new opportunities to take advantage of this stage in the Nation’s 5G path.
Yesterday Dish Network (NASDAQ: DISH) rose by nearly 1% in extended trading yesterday. The stock rose on confirmation of its $5 billion deal with T-Mobile . As part of a deal which allowed for the $26.5 billion merger between T-Mobile and Sprint. The acquisition of Boost by Dish meets requirements for DOJ approval to create course between T-Mobile and Sprint. Dish is acquiring Sprint’s prepaid mobile carrier Boost Mobile as well as Sprint’s 800 MHz wireless spectrum.
Dish is in the midst of trying to create what will eventually be a nationwide 5G wireless network. This is very important as it represents a competitive element to the three mobile network providers delivering 5G service.
Satellite-TV provider DIsh has amassed its own spectrum portfolio over the years and plans to begin building its own 5G network in the coming years. In the meantime it has a wholesale agreement to use T-Mobile’s network for up to seven years.
