Amazon.com Inc.
AMZN,
+0.43%
and Dish Network Corp.
DISH,
+12.23%
struck a deal that will make Amazon's AWS Dish's preferred cloud provider. Dish plans to build its 5G network on AWS through this new agreement. A press release from Amazon announcing the partnership said that Dish will be the first to run a 5G network in the cloud, allowing Dish to "achieve agile and cost-effective operations while seeking to redefine the practical applications of 5G." Dish plans to deploy its network first in Las Vegas later this year. Dish has set out to build a wireless business after acquiring several brands that Sprint and T-Mobile US Inc.
TMUS,
+1.03%
had to divest to secure government approval for their merger, which closed last year. Shares of Dish are up 8.9% in midday trading Wednesday while shares of Amazon are up 0.4%.