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Dish sells fiber business to help finance its 5G network deployment

Dish has just announced it has reached an agreement with Mereo Network to sell its fiber business for an undisclosed sum.
Dish Network's fiber division, through its subsidiary WCO Spectrum, has agreed to acquire Mereo Networks, a company focused on building fiber-optic networks in underserved areas of the United States. This acquisition will enhance Dish's capabilities in providing high-speed internet services, aligning with its broader strategy to expand its telecommunications infrastructure. The financial details of the deal were not disclosed, but the move is seen as part of Dish's ongoing efforts to strengthen its position in the competitive broadband market.

Read the Full PhoneArena Article at:
[ https://www.phonearena.com/news/dish-fiber-acquire-mereo-networks_id170033 ]