CONX Corp. (NasdaqCM:CONX) said on October 12, 2022 that it has begun preliminary discussions to acquire retail wireless unit of DISH Network Corporation (NasdaqGS:DISH), Boost Mobile LLC. The special-purpose acquisition company (SPAC) said it will appoint a special committee of independent and disinterested directors to evaluate and approve the terms of any deal with the pay-TV and wireless carrier.

Dish confirmed that it was in preliminary talks with CONX. "We do not intend to provide further updates unless and until those discussions conclude in agreement as to a transaction," a company spokesperson said in an email to Reuters. CONX also asked its stockholders to vote in favor of a proposal to extend the date by which it must complete a business combination with Boost Mobile from November 3, 2022 to June 3, 2023.

A special meeting of its stockholders will be held on October 31, 2022, it added.