VZ - Dish Network jumps reportedly will sell Boost mobile service on Amazon

2023-07-25 16:36:10 ET

Dish Network ( NASDAQ: DISH ) shares rose more than 2% in extended-hours trading after it was reported that the company will sell mobile services on Amazon ( NASDAQ: AMZN ).

The Charlie Ergen-led Dish ( DISH ) will sell its premium Boost Infinite mobile service on the e-commerce giant's website by the end of the week, Bloomberg reported, citing a person close to the matter.

Last month, it was reported that Amazon ( AMZN ) had been considering offering mobile service to its Prime subscribers and had talked to Dish Network ( DISH ), Verizon ( VZ ), T-Mobile ( TMUS ) and others.

Earlier this month, it was reported that Dish Network ( DISH ) could merge with sister company EchoStar ( SATS ), both of which are controlled by the 70-year-old Ergen.

Dish ( DISH ) and Amazon ( AMZN ) did not immediately respond to a request for comment from Seeking Alpha.

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