The mobile industry is no longer a fad or a passing trend. It’s here to stay, and it will continue to grow stronger as new services are introduced. Boost Mobile is a mobile wireless service provider and wireless technology company that’s situated in the United States.
Being founded in 2001, the company has more than 8 million customers according to the third quarter of 2021. If you’re a fan of the Boost Mobile app, then you may be wondering who owns Boost Mobile.
Boost Mobile is a full-featured smartphone and data service with a variety of Boost Mobile plans and offers. The company is known for its timely customer service and low rates. Boost Mobile uses the AT&T and T-Mobile network to provide wireless services for consumers. Boost is unique because it doesn’t require a contract, upfront payments or annual fees.
Instead, it’s a pay-as-you-go model; you’re charged based on how much data you use. You can top-up your account to get free data. Boost offers a free annual plan, which offers unlimited talk, text, and data. It’s great for consumers who want a simple way to get started but aren’t interested in paying monthly fees.
Before, Boost was owned and operated by Sprint. As Sprint merged with T-Mobile, Dish Network became the owner of Boost Mobile in July 2020. As a result, Boost Mobile is a wholly-owned subsidiary of Dish Network Corporation. With that, Dish became successful in achieving almost 9 million prepaid customers.
Dish Network is a television provider in the USA and the owner of a direct-broadcast satellite provider named Dish. Dish offers a wireless service for mobile, which is Dish Wireless. According to December 2020, Dish Network has a revenue of 15.49 billion USD.
Through this acquisition of Dish Wireless with Boost Mobile, Dish has continued its process of innovating in the wireless segment and building the nation’s first standalone and virtualized 5G broadband network, Dish Wireless LLC, which Boost Mobile operates.
Boost has done an excellent job of curating user-friendly apps and providing value-added services to its customers. The company is positioned well to continue growing its business and remains a solid pick for investors looking for growth and a high yield.
For the United States wireless consumers, Boost Mobile provides the best in-class value, award-winning and connectivity through access to the Expanded Data Network and also competitive consumer plans. Consumers can get this advantage with no annual contracts.