Wednesday, December 16, 2020

Dish to raise $2 billion in bond sale to fund 5G buildout

DISH Network plans to sell $2 billion in convertible notes to help cover its 5G network buildout costs.

The company also expects to grant to the initial purchaser an option to purchase up to an additional $300 million aggregate principal amount of the notes to cover over-allotments, if any. 

DISH has previously announced plans to deploy an O-RAN architecture in its 5G network.