Issa Asad and Potential Buyers like Q Link Wireless are Prepping to Buy Boost Mobile
Issa Asad Florida
Technology is quickly changing and what was unimaginable few years ago will now be made possible through the use of 5G technology.
The United States is likely to see a major change following the potential merger of telecommunications giants Sprint and T-Mobile.
Reports claim that if Sprint and T-Mobile are to merge, then Sprint will be selling their prepaid communication company, Boost Mobile. The upcoming sale valued at 3 billion U.S dollars is expected to attract different potential buyers and preparations are already underway.
According to Mobile World Live, Lifeline giant Q Link Wireless is one of the potential buyers interested in acquiring Boost Mobile.
The company, headed by Chief Executive Officer Issa Asad, is the third-largest provider of the government benefit program Lifeline. Q Link Wireless is located in Dania Beach, Florida, and also offers prepaid wireless services to consumers not eligible for the Lifeline program.
Some of the potential buyers of Boost Mobile, including Q Link Wireless, are in the move to see how new prepaid technology will help transform the world.
“The sale is already in the air and is planned to be the game changer around the technology used by current and future generations,” exclaimed Asad.
Even though most of the details are not yet revealed to the public, some of the inside plans have been revealed. Should the sale happen as planned, the shares owned by Sprint and T-Mobile will reduce, thus giving the prepaid wireless market a new shift. Sprint and T-Mobile’s combined shares would place them under major control of the market.
The sale is much awaited by different interested parties according to several reports. Most of the market analysts believe the process has been delayed by the ruling that is expected from the U.S. Department of Justice. The fact that the ruling is still pending has been a hindrance and a twist of events is expected once the ruling happens.
To make every expectation straight, the U.S. DOJ will be given time to review the sale process before they can give their ruling. Even though Q Link Wireless has been in the business for some time, Boost Mobile is likely to give the company an even brighter future should they manage to purchase it. The company has approximated to have set in place an offer of between 1.8 to 3 billion U.S dollars to pay for the bid.
Q Link Wireless is among the largest of the prepaid brands and has some of the biggest plans for the takeover of Boost Mobile. Many technology market analysts are keen on the market changes as they await the much anticipated ruling.
Click here to read the article by Mobile World Live: https://www.mobileworldlive.com/featured-content/top-three/sprint-begins-to-see-boost-interest/.
