Item 1.01 Entry into a Material Definitive Agreement.
Amendment to Master Network Services Agreement with T-Mobile
As previously disclosed in
The Binding Term Sheet sets forth certain modifications of the pricing and
certain other terms of the MNSA and resolves all outstanding disputes between
the parties with respect to the MNSA. As a result, DISH will pay lower rates to
TMUS, with these reduced rates applied retroactively to periods beginning
We have agreed to a minimum purchase commitment to TMUS of
The Binding Term Sheet also removes certain restrictions on DISH's ability to provide roaming services to customers within the TMUS network footprint. In addition, TMUS has agreed to provide nationwide standard domestic access and in-market roaming to DISH's wireless customers within the TMUS network footprint (which includes areas within the markets where DISH is deploying its own 5G network).
Additionally, TMUS is providing certain assistance to us with respect to the Boost customers who have been migrated off of TMUS's CDMA network. Such assistance includes the provision of replacement devices for CDMA customers and marketing support. TMUS agreed to transfer to DISH (subject to required regulatory approvals) all Boost branded customers of former Sprint affiliates, Shentel and Swiftel, as well as Boost branded customers who were previously part of the California Public Utilities Commission CARE program. We expect to receive more than 100,000 customers as a result of this transfer.
The parties agreed to use commercially reasonable efforts to enter into definitive amendments to the MNSA relating to the contents of the Binding Term Sheet. If the parties are unable to enter into such definitive amendments, the parties will continue to be bound by the terms of the Binding Term Sheet.
The Binding Term Sheet is subject to approval by the
If the DOJ does not approve the Binding Term Sheet within 60 days following
The description of the Binding Term Sheet above is not complete and is qualified
in its entirety by the actual terms of the Binding Term Sheet, a copy of which
will be filed with the
Item 9.01. Financial Statements and Exhibits.
Exhibit No. Description Exhibit 99.1 Press Release "DISH and T-Mobile Expand Network Services Partnership" datedJune 21, 2022 . Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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