ReportWire

Tag: Boost Mobile

  • Musk’s SpaceX spends $17 billion to acquire spectrum licenses from EchoStar

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    Elon Musk’s SpaceX has reached a deal worth about $17 billion with EchoStar for spectrum licenses that it will use to beef up its Starlink satellite network.The deal for EchoStar’s AWS-4 and H-block spectrum licenses includes up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock. SpaceX will make approximately $2 billion in cash interest payments on EchoStar debt through November 2027.SpaceX and EchoStar will enter into a long-term commercial agreement which will allow EchoStar’s Boost Mobile subscribers to access SpaceX’s next generation Starlink Direct to Cell service.Shares of EchoStar surged more than 23% before the market opened Monday.Last month AT&T said that it will spend $23 billion to acquire wireless spectrum licenses from EchoStar, a significant expansion of its low- and mid-band coverage networks.EchoStar said that it anticipates that the AT&T deal and the SpaceX transaction will resolve recent inquiries from the Federal Communications Commission about the rollout of 5G technology in the U.S.EchoStar said Monday that it will use the proceeds from the sale partly to pay down debt. Current operations of Dish TV, Sling and Hughes will not be impacted, the company said.

    Elon Musk’s SpaceX has reached a deal worth about $17 billion with EchoStar for spectrum licenses that it will use to beef up its Starlink satellite network.

    The deal for EchoStar’s AWS-4 and H-block spectrum licenses includes up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock. SpaceX will make approximately $2 billion in cash interest payments on EchoStar debt through November 2027.

    SpaceX and EchoStar will enter into a long-term commercial agreement which will allow EchoStar’s Boost Mobile subscribers to access SpaceX’s next generation Starlink Direct to Cell service.

    Shares of EchoStar surged more than 23% before the market opened Monday.

    Last month AT&T said that it will spend $23 billion to acquire wireless spectrum licenses from EchoStar, a significant expansion of its low- and mid-band coverage networks.

    EchoStar said that it anticipates that the AT&T deal and the SpaceX transaction will resolve recent inquiries from the Federal Communications Commission about the rollout of 5G technology in the U.S.

    EchoStar said Monday that it will use the proceeds from the sale partly to pay down debt. Current operations of Dish TV, Sling and Hughes will not be impacted, the company said.

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  • ‘A traumatic experience’: Denver retailers see spike in brazen theft incidents

    ‘A traumatic experience’: Denver retailers see spike in brazen theft incidents

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    DENVER – A group of businesses in Denver’s Montbello neighborhood say they’re seeing a spike in retail theft and must take extra measures to avoid being targeted.

    One of the recent incidents happened at Noemi Boutique at a strip mall in the on the 4700 block of Peoria on Tuesday.

    Owner Noemi Yac said three men and a woman entered her store while it was open, grabbed several items, put them in bags, and then left without paying for any of it.

    Surveillance video captured their images.

    “ [It was] a traumatic experience,” Yac said, in Spanish. “They opened bags and started grabbing belts, hats.”

    Noemi Boutique

    It’s a concerning trend that she says has been impacting her neighbors, too.

    “I’m not the only victim,” she said.

    Next door, at Boost Mobile, employee Leslie Sandoval said they’ve also been impacted.

    “We’ve been noticing the crime rate go up as far as theft,” she said. “It’s gotten definitely worse. They’ll take headphones and leave boxes empty, basically snatching stuff and walking away with it.”

    Sandoval said they’ve had to take additional measures to secure their items.

    “We tape the speakers now, and we leave them empty; we used to have them displayed,” she said, adding that they’ve also increased the number of security cameras.

    Theft at store

    Noemi Boutique

    “We’re busy. This is one of the busiest stores, as you can see. So we don’t have, we don’t have a way to always keep track of what really goes on,” said Sandoval.

    Back at Noemi’s shop, she hired private security after this week’s incident.

    “What happened, happened, but hopefully there will be justice,” she said.

    Other businesses in the strip mall told Denver7 off camera that they are also concerned about the recent uptick in crime.

    The Denver Police Department could not confirm if this specific strip mall will see an increase in patrols but said any business owner can call to request additional patrolling in the area.

    ‘A traumatic experience’: Denver retailers see spike in brazen theft


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    Kristian Lopez

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  • 512GB Motorola Edge+ (2023) and 1-Year Boost Mobile Service for $350

    512GB Motorola Edge+ (2023) and 1-Year Boost Mobile Service for $350

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    Boost Mobile Promotion with Phone Discount

    Boost Mobile has a promotion for the 512GB Motorola edge+ 2023 smartphone (Boost Mobile Locked, Black). You can get the phone and 1-Year Unlimited Talk/Text/Data plane (30GB/Month High Speed) for $349.99. Shipping is free.

    You can see the promotion here. Link goes directly to checkout and applies promotional code HALFOFFONEYEAR which gives you 6 months free service for a total of 12 months.

    Boost Mobile is  owned by Dish Wireless and uses the Dish, AT&T and T-Mobile networks.

    Check out this SD thread for more details on the deal.

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    DDG

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