DISH Network completed the acquisition of the prepaid businesses and MHz spectrum assets of Sprint for $5bn.

DISH Network, a US television provider, completed the acquisition of the prepaid businesses and MHz spectrum assets of Sprint, an American telecommunications company, for $5bn. The transactions with DISH are contingent on the successful closing of T-Mobile’s merger with Sprint among other closing conditions. Dish Network and T-Mobile agreed to extend the date Dish can purchase spectrum licenses from T-Mobile-owned Sprint. Dish Network said in a regulatory filing on Thursday that the two companies had amended their previous agreement giving Dish the option to purchase all of Sprint's 800 MHz spectrum licenses for $3.59 billion. Dish now has until April 1 to purchase the spectrum under the agreement. In extending the deadline, Dish also agreed to pay $100 million to T-Mobile.