DISH Network On Oct. 15, Co, T-Mobile Entered Amendment To License Purchase Agreement That Modifies License Purchase Agreement; To Make Upfront Payment Of $100M To T-Mobile Within 3 Business Days From Date U.S. District Court Enters Amended Final Judgment
Portfolio Pulse from Benzinga Newsdesk
DISH Network and T-Mobile have amended their License Purchase Agreement. DISH will make an upfront payment of $100M to T-Mobile within three business days from the date the U.S. District Court enters the amended final judgment.
October 19, 2023 | 8:24 pm
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NEGATIVE IMPACT
DISH Network's upfront payment of $100M to T-Mobile could impact its short-term liquidity.
The upfront payment of $100M is a significant amount that could affect DISH Network's short-term liquidity and financial stability. This could potentially lead to a negative reaction from the market, causing the stock price to decrease in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
T-Mobile will receive an upfront payment of $100M from DISH Network, which could boost its short-term liquidity.
The upfront payment of $100M from DISH Network could boost T-Mobile's short-term liquidity and financial stability. This could potentially lead to a positive reaction from the market, causing the stock price to increase in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100