Reuters exclusively reported that Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, in a surprise move for the largest U.S. online retailer, which has been building experience by offering phone calls through its Echo Connect product. Shares of Verizon Communications Inc and AT&T both closed down more than 4% the following day.
Reuters reveals Amazon interested in buying Boost from T-Mobile, Sprint
30 May 2019, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Americas