May 31, 2019
Amazon reportedly is considering acquiring Boost Mobile, the prepaid cellphone service owned by Sprint Corp.
Sprint, which is attempting to merge with T-Mobile to become “New T-Mobile” for $26 billion, is spinning off Boost in an effort to appease federal regulators.
Reuters, which first reported the story citing sources familiar with the situation, said Amazon’s interest revolves around the ability to use T-Mobile’s wireless network and access wireless spectrum for six years as part of any transaction.
Wireless spectrum enables the flow of digital data, including sound and video. Spectrum helps deliver voice and video between cell phones, television shows from broadcasters and online information between computers.
In addition to e-commerce, SVOD and digital books and music, Amazon has become one of the world’s largest cloud-based services through its AWS (Amazon Web Services) subsidiary.