T-Mobile acquires Denver's Layer3, aims to disrupt TV industry

bizjournals Wednesday, 13 December 2017 ()
T-Mobile USA is buying Denver-based Layer3 TV in a deal to create a new TV service that the wireless carrier promises will give it an advantage over larger competitors such as AT&T. Layer3 and T-Mobile companies announced the deal Wednesday morning. Terms were not disclosed. Bellevue, Washington-based T-Mobile (Nasdaq: TMUS) says it will enter the $100 billion paid TV industry with its new multi-channel service after the Layer3 TV acquisition closes early next year. "T-Mobile is the only wireless…
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News video: Bitcoin Hits Another Record High

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