Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets - sources - Reuters

Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets - sources Reuters

Private equity group Apollo Global Management is in talks with satellite TV provider Dish Network to finance a bid for wireless assets that will be divested in the proposed merger between T-Mobile and Sprint Corp, according to two people familiar with the matter. The two U.S. wireless carriers have agreed to sell prepaid brand Boost Mobile to gain regulatory approval for the $26 billion merger. Sources said that Dish is interested in the assets. The talks between Apollo and Dish demonstrate private equity interest in the wireless business as regulators are pushing to create a viable fourth ...